New Zealand: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in New Zealand

In 2021, after three years of growth, there was significant decline in the New Zealand cyclanes, cyclenes and cycloterpenes market, when its value decreased by -19.8% to $X. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then declined notably in the following year.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in New Zealand

In value terms, cyclanes, cyclenes and cycloterpenes production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight decline. The pace of growth was the most pronounced in 2018 with an increase of 56% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from New Zealand

In 2021, overseas shipments of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by 116% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 220,749%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cyclanes, cyclenes and cycloterpenes exports surged to $X in 2021. In general, exports posted a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 26,422% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Japan (X tons) was the main destination for cyclanes, cyclenes and cycloterpenes exports from New Zealand, accounting for a 83% share of total exports. Moreover, cyclanes, cyclenes and cycloterpenes exports to Japan exceeded the volume sent to the second major destination, India (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan totaled -6.3%.

In value terms, Japan ($X) emerged as the key foreign market for cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports from New Zealand, comprising 89% of total exports. The second position in the ranking was taken by India ($X), with a 9.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to +3.2%.

Export Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, jumping by 66% against the previous year. In general, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.1%).

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into New Zealand

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were imported into New Zealand; dropping by -8.3% against 2020. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2013 when imports increased by 475% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports surged to $X in 2021. Over the period under review, imports, however, posted a modest increase. The growth pace was the most rapid in 2013 with an increase of 580% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Brazil (X tons) was the main cyclanes, cyclenes and cycloterpenes supplier to New Zealand, accounting for a 95% share of total imports. It was followed by the United States (X kg), with a 2.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Brazil stood at -1.9%.

In value terms, Brazil ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to New Zealand, comprising 87% of total imports. The second position in the ranking was taken by the United States ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Brazil totaled +1.6%.

Import Prices by Country

The average cyclanes, cyclenes and cycloterpenes import price stood at $X per ton in 2021, picking up by 46% against the previous year. Overall, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat 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 Brazil stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+49.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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