New Zealand: Alcohols Market 2021

Alcohols Market Size in New Zealand

In 2020, the New Zealand alcohols market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Alcohols Production in New Zealand

In value terms, alcohols production reduced to $X in 2020 estimated in export prices. Over the period under review, production saw a deep setback. The growth pace was the most rapid in 2015 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2016 to 2020, production growth failed to regain the momentum.

Alcohols Exports

Exports from New Zealand

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the fifth consecutive year after six years of growth. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. As a result, exports attained the peak of X tons. from 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, alcohols exports shrank to $X in 2020. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2016 to 2020, the growth exports remained at a lower figure.

Exports by Country

Germany (X tons), Switzerland (X tons) and China (X tons) were the main destinations of alcohols exports from New Zealand, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Switzerland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alcohols exported from New Zealand were Germany ($X), China ($X) and Switzerland ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Germany (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2008 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to Samoa ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Alcohols Imports

Imports into New Zealand

In 2020, supplies from abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, alcohols imports fell slightly to $X in 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Thailand (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of alcohols imports to New Zealand, with a combined X% share of total imports. These countries were followed by South Korea, Singapore, Indonesia, the U.S., Australia, Taiwan (Chinese), Belgium and France, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Malaysia ($X) were the largest alcohols suppliers to New Zealand, together comprising X% of total imports. South Korea, Singapore, the U.S., France, Australia, Taiwan (Chinese), Indonesia and Belgium lagged somewhat behind, together accounting for a further X (+X% per year) 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

The average alcohols import price stood at $X per ton in 2020, remaining stable against the previous year. In general, the import price, however, saw a mild decline. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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