New Zealand: Other Chemical Products Market 2024

Other Chemical Products Market Size in New Zealand

The New Zealand other chemical products market was estimated at less than $X in 2022, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a significant expansion. Other chemical products consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Other Chemical Products Production in New Zealand

In value terms, other chemical products production stood at less than $X in 2022 estimated in export price. In general, production saw a abrupt descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Other Chemical Products Exports

Exports from New Zealand

In 2016, other chemical products exports from New Zealand dropped notably to X tons, reducing by X% against 2015. In general, exports saw a significant decline. The smallest decline of X% was in 2015. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, other chemical products exports amounted to $X in 2016. The total export value increased at an average annual rate of X% over the period from 2012 to 2016; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for other chemical products exports from New Zealand, with a X% share of total exports. Moreover, other chemical products exports to Australia exceeded the volume sent to the second major destination, Papua New Guinea (X tons), twofold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2016, the average annual growth rate of volume to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and South Korea (X% per year).

In value terms, Australia ($X) remains the key foreign market for other chemical products exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2016, the average annual growth rate of value to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Papua New Guinea (X% per year).

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2016, jumping by X% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into New Zealand

Other chemical products imports into New Zealand declined significantly to X tons in 2016, with a decrease of X% against the year before. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2016, imports failed to regain momentum.

In value terms, other chemical products imports declined dramatically to $X in 2016. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.

Imports by Country

Australia (X tons), the United States (X tons) and China (X tons) were the main suppliers of other chemical products imports to New Zealand, with a combined X% share of total imports. Germany, Japan, the UK, Denmark, Malaysia, the Netherlands, Indonesia, Sweden, Switzerland and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to New Zealand were Australia ($X), the United States ($X) and China ($X), with a combined X% share of total imports. Germany, Japan, the UK, Denmark, Malaysia, the Netherlands, Indonesia, Switzerland, Sweden and the Philippines lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2016, the average other chemical products import price amounted to $X per ton, flattening at the previous year. Over the last four years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the highest price was recorded for prices from the UK ($X per ton) and the United States ($X per ton), while the price for Australia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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