New Zealand: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in New Zealand

The New Zealand aromatic polyamines market shrank to $X in 2021, waning by -8.5% 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, posted a modest increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Aromatic Polyamines Exports

Exports from New Zealand

In 2021, shipments abroad of aromatic polyamines and their derivatives, salts thereof decreased by -69.2% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, saw a strong increase. The growth pace was the most rapid in 2020 with an increase of 624% against the previous year. As a result, the exports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, aromatic polyamines exports shrank rapidly to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 459% against the previous year. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Italy (X tons) was the main destination for aromatic polyamines exports from New Zealand, with a 69% share of total exports. Moreover, aromatic polyamines exports to Italy exceeded the volume sent to the second major destination, Fiji (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+4.4% per year) and Tonga (-4.2% per year).

In value terms, Italy ($X), Fiji ($X) and Tonga ($X) were the largest markets for aromatic polyamines exported from New Zealand worldwide.

Among the main countries of destination, Tonga, with a CAGR of +9.0%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average aromatic polyamines export price amounted to $X per ton, with a decrease of -3.5% against the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2019 when the average export price increased by 5.7%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Tonga ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+32.0%), while the prices for the other major destinations experienced mixed trend patterns.

Aromatic Polyamines Imports

Imports into New Zealand

In 2021, the amount of aromatic polyamines and their derivatives, salts thereof imported into New Zealand declined notably to X tons, waning by -20.9% against the previous year's figure. In general, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 88% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, aromatic polyamines imports contracted to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 126%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest aromatic polyamines supplier to New Zealand, with a 70% share of total imports. Moreover, aromatic polyamines imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. The third position in this ranking was taken by Japan (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.5% per year) and Japan (+123.3% per year).

In value terms, China ($X) constituted the largest supplier of aromatic polyamines and their derivatives, salts thereof to New Zealand, comprising 69% of total imports. The second position in the ranking was taken by Japan ($X), with a 13% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+78.8% per year) and the United States (-10.7% per year).

Import Prices by Country

In 2021, the average aromatic polyamines import price amounted to $X per ton, picking up by 18% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 20%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Japan ($X per ton) and the UK ($X per ton), while the price for the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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