Report Update Nov 1, 2024

New Zealand - Ethyl Acetate - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in New Zealand

The New Zealand ethyl acetate market expanded significantly to $X in 2021, picking up by 15% 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 deep downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Ethyl Acetate Exports

Exports from New Zealand

In 2021, the amount of ethyl acetate exported from New Zealand shrank to X tons, which is down by -5.7% against the year before. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 966%. Over the period under review, the exports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, ethyl acetate exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,112% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Fiji (X tons) was the main destination for ethyl acetate exports from New Zealand, accounting for a 92% share of total exports. Moreover, ethyl acetate exports to Fiji exceeded the volume sent to the second major destination, French Polynesia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Fiji amounted to +27.4%.

In value terms, Fiji ($X) remains the key foreign market for ethyl acetate exports from New Zealand, comprising 92% of total exports. The second position in the ranking was taken by French Polynesia ($X), with an 8.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Fiji stood at +29.6%.

Export Prices by Country

The average ethyl acetate export price stood at $X per ton in 2021, rising by 67% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 84% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Fiji totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ethyl Acetate Imports

Imports into New Zealand

In 2021, ethyl acetate imports into New Zealand dropped sharply to X tons, with a decrease of -17.3% against 2020 figures. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by 30%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, ethyl acetate imports skyrocketed to $X in 2021. In general, imports saw a abrupt descent. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Singapore (X tons) and Australia (X tons) were the main suppliers of ethyl acetate imports to New Zealand, with a combined 86% share of total imports. The UK, the United States, the United Arab Emirates, Saudi Arabia and India lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +18.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Australia ($X) constituted the largest ethyl acetate suppliers to New Zealand, together accounting for 87% of total imports. The UK, the United States, Saudi Arabia, the United Arab Emirates and India lagged somewhat behind, together accounting for a further 10%.

The United Arab Emirates, with a CAGR of +20.1%, saw the highest rates of growth with regard to the value of imports, among 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 ethyl acetate import price stood at $X per ton in 2021, surging by 72% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major supplying countries. In 2021, 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 the United Arab Emirates ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethyl acetate in the world?

The country with the largest volume of ethyl acetate consumption was China, comprising approx. 24% of total volume. Moreover, ethyl acetate consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, twofold. The third position in this ranking was occupied by the United States, with an 8.1% share.

What are the largest producers of ethyl acetate in the world?

China constituted the country with the largest volume of ethyl acetate production, comprising approx. 36% of total volume. Moreover, ethyl acetate production in China exceeded the figures recorded by the second-largest producer, Mexico, threefold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of ethyl acetate to New Zealand?

In value terms, China constituted the largest supplier of ethyl acetate to New Zealand, comprising 58% of total imports. The second position in the ranking was occupied by India, with a 13% share of total imports. It was followed by the United States, with a 9.4% share.

What are the leading importers of ethyl acetate from New Zealand?

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

What is the average export price for ethyl acetate in New Zealand?

The average ethyl acetate export price stood at $1,877 per ton in 2020, declining by -36.2% against the previous year.

What is the average import price for ethyl acetate in New Zealand?

In 2020, the average ethyl acetate import price amounted to $937 per ton, which is down by -10.4% against the previous year.

This report provides an in-depth analysis of the ethyl acetate 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:

Prodcom 20143215 - Ethyl acetate

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