Report Update Nov 1, 2024

New Zealand - Barytes - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Baryte Market 2024

Baryte Market Size in New Zealand

The New Zealand baryte market soared to $X in 2021, surging by 367% 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). In general, consumption enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Baryte Exports

Exports from New Zealand

In 2021, approx. X tons of barytes were exported from New Zealand; falling by -93.7% against the year before. Over the period under review, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 6,494%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, baryte exports fell rapidly to $X in 2021. In general, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 5,757%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for baryte exports from New Zealand, with a 93% share of total exports. Moreover, baryte exports to Saudi Arabia exceeded the volume sent to the second major destination, Fiji (X kg), more than tenfold.

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

In value terms, Saudi Arabia ($X) emerged as the key foreign market for barytes exports from New Zealand, comprising 90% of total exports. The second position in the ranking was taken by Fiji ($X), with a 9.9% share of total exports.

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

Export Prices by Country

In 2021, the average baryte export price amounted to $X per ton, jumping by 105% against the previous year. In general, the export price, however, recorded a mild setback. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Saudi Arabia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+2.4%).

Baryte Imports

Imports into New Zealand

In 2021, approx. X tons of barytes were imported into New Zealand; with an increase of 347% compared with 2020 figures. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, baryte imports soared to $X in 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Thailand (X tons) were the main suppliers of baryte imports to New Zealand, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +135.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Thailand ($X) appeared to be the largest baryte suppliers to New Zealand, together accounting for 97% of total imports.

In terms of the main suppliers, India, with a CAGR of +114.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average baryte import price stood at $X per ton in 2021, reducing by -16% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2014 an increase of 34%. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for barytes in the world?

The countries with the highest volumes of in 2021 were the United States, India and China, together accounting for 41% of global consumption. Saudi Arabia, Morocco, Iran, Kazakhstan, France, Ukraine, Kuwait and Russia lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of barytes in the world?

The countries with the highest volumes of in 2021 were China, India and Morocco, with a combined 55% share of global production. These countries were followed by Kazakhstan, Iran, the United States, Mexico, France, Ukraine, Turkey and Russia, which together accounted for a further 28%.

What are the leading suppliers of barytes to New Zealand?

In value terms, the largest baryte suppliers to New Zealand were India and Australia.

What are the leading importers of barytes from New Zealand?

In value terms, Fiji remains the key foreign market for baryte exports from New Zealand.

What is the average export price for barytes in New Zealand?

In 2021, the average baryte export price amounted to $543 per ton, with a decrease of -27.2% against the previous year.

What is the average import price for barytes in New Zealand?

The average baryte import price stood at $247 per ton in 2021, falling by -16% against the previous year.

This report provides an in-depth analysis of the baryte market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

UNCode 16190-2 - Barytes, whether or not calcined

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023