New Zealand: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in New Zealand

The New Zealand compound plasticisers market contracted remarkably to $X in 2022, which is down 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 recorded a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Compound Plasticisers Exports

Exports from New Zealand

In 2022, after seven years of growth, there was significant decline in overseas shipments of compound plasticisers for rubber or plastics, when their volume decreased by X% to X tons. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell remarkably in the following year.

In value terms, compound plasticisers exports dropped to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Australia (X tons) was the main destination for compound plasticisers exports from New Zealand, with a X% share of total exports. Moreover, compound plasticisers exports to Australia exceeded the volume sent to the second major destination, Vanuatu (X tons), tenfold. The third position in this ranking was taken by Samoa (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (X% per year) and Samoa (X% per year).

In value terms, Australia ($X) remains the key foreign market for compound plasticisers for rubber or plastics exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Vanuatu ($X), with an X% share of total exports. It was followed by Samoa, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (X% per year) and Samoa (X% per year).

Export Prices by Country

In 2022, the average compound plasticisers export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vanuatu ($X per ton) and Fiji ($X per ton), while the average price for exports to Australia ($X per ton) and Samoa ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (X%), while the prices for the other major destinations experienced mixed trend patterns.

Compound Plasticisers Imports

Imports into New Zealand

In 2022, imports of compound plasticisers for rubber or plastics into New Zealand reduced markedly to X tons, dropping by X% compared with 2021. In general, imports faced a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, compound plasticisers imports contracted markedly to $X in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Australia (X tons) were the main suppliers of compound plasticisers imports to New Zealand, with a combined X% share of total imports. Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest compound plasticisers suppliers to New Zealand were China ($X), Germany ($X) and Australia ($X), together accounting for X% of total imports. Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of 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 compound plasticisers import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and the United States ($X per ton), while the price for Germany ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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