New Zealand: Dolomite Market 2024

Dolomite Market Size in New Zealand

The New Zealand dolomite market surged to $X in 2021, increasing by 16% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.1% against 2019 indices. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Dolomite Production in New Zealand

In value terms, dolomite production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.9% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 38%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Dolomite Exports

Exports from New Zealand

Dolomite exports from New Zealand surged to X tons in 2021, jumping by 77% compared with 2020 figures. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 29,366% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, dolomite exports surged to $X in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 3,984% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for dolomite exports from New Zealand, accounting for a 89% share of total exports. Moreover, dolomite exports to Australia exceeded the volume sent to the second major destination, Singapore (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to +196.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+259.8% per year) and French Polynesia (-5.7% per year).

In value terms, Australia ($X) remains the key foreign market for chalk and dolomite exports from New Zealand, comprising 93% of total exports. The second position in the ranking was held by Singapore ($X), with a 6.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at +190.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+90.2% per year) and French Polynesia (-5.8% per year).

Export Prices by Country

The average dolomite export price stood at $X per ton in 2021, with an increase of 12% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 574% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Singapore ($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 French Polynesia (-0.1%), while the prices for the other major destinations experienced a decline.

Dolomite Imports

Imports into New Zealand

In 2021, supplies from abroad of chalk and dolomite increased by 14% to X tons, rising for the second consecutive year after six years of decline. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 185% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, dolomite imports totaled $X in 2021. Overall, imports, however, recorded a perceptible slump. The growth pace was the most rapid in 2020 with an increase of 68%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest dolomite supplier to New Zealand, with a 64% share of total imports. Moreover, dolomite imports from Thailand exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was held by Norway (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand stood at -15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+101.1% per year) and Norway (+8.6% per year).

In value terms, Thailand ($X), the UK ($X) and the United States ($X) constituted the largest dolomite suppliers to New Zealand, with a combined 64% share of total imports.

The UK, with a CAGR of +93.6%, saw the highest growth rate of the value of imports, in terms of 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 dolomite import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 163% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :