New Zealand: Market for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms 2024

Market Size for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms in New Zealand

The New Zealand market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms expanded markedly to $X in 2023, increasing by X% 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). Overall, consumption, however, recorded a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

Exports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Exports from New Zealand

In 2023, after two years of growth, there was significant decline in shipments abroad of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms, when their volume decreased by X% to X kg. Over the period under review, exports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms contracted rapidly to $X in 2023. Overall, exports faced a abrupt curtailment. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

Australia (X kg) was the main destination for exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from New Zealand, with a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to Australia totaled X%.

In value terms, Australia ($X) emerged as the key foreign market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms exports from New Zealand.

From 2012 to 2023, the average annual growth rate of value to Australia stood at X%.

Export Prices by Country

In 2023, the average export price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $X per ton, which is down by X% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for Fiji amounted to X% per year.

Imports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Imports into New Zealand

After two years of decline, purchases abroad of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms increased by X% to X tons in 2023. Over the period under review, imports, however, recorded a deep slump. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms rose notably to $X in 2023. In general, imports, however, showed a slight reduction. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main suppliers of imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to New Zealand, with a combined X% share of total imports. Belgium, Taiwan (Chinese), Japan and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers suppliers to New Zealand were Germany ($X), the United States ($X) and China ($X), together comprising X% of total imports. Belgium, Taiwan (Chinese), Japan and Australia lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price, however, showed measured growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform