New Zealand: Prepared Rubber Accelerators Market 2022

Prepared Rubber Accelerators Market Size in New Zealand

The New Zealand prepared rubber accelerators market shrank notably to $X in 2021, which is down by -59.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports from New Zealand

In 2021, approx. X tons of prepared rubber accelerators were exported from New Zealand; with a decrease of -45.4% on the previous year. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2017 with an increase of 3,113% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports contracted to $X in 2021. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 2,793% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for prepared rubber accelerators exports from New Zealand, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for prepared rubber accelerators exports from New Zealand.

From 2012 to 2021, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

The average prepared rubber accelerators export price stood at $X per ton in 2021, picking up by 59% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for New Caledonia amounted to +3.3% per year.

Prepared Rubber Accelerators Imports

Imports into New Zealand

In 2021, supplies from abroad of prepared rubber accelerators decreased by -69% to X tons, falling for the fourth year in a row after three years of growth. In general, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 333%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators imports shrank significantly to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 215%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest prepared rubber accelerators supplier to New Zealand, with a 85% share of total imports. Moreover, prepared rubber accelerators imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.1% per year) and Germany (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of prepared rubber accelerators to New Zealand, comprising 85% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.8% per year) and Germany (-7.2% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, increasing by 72% against the previous year. Overall, the import price enjoyed a tangible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :