New Zealand - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNew Zealand: Ethanol Market 2024
Ethanol Market Size in New Zealand
The New Zealand ethanol market totaled $X in 2022, picking up by 3.2% against the previous year. Over the period under review, consumption showed a moderate increase. Ethanol consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Ethanol Production in New Zealand
In value terms, ethanol production reached $X in 2022 estimated in export price. Over the period under review, production posted a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 49% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.
Ethanol Exports
Exports from New Zealand
In 2022, exports of ethyl alcohol from New Zealand contracted dramatically to X litres, with a decrease of -84.2% compared with the previous year's figure. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 2,001% against the previous year. As a result, the exports reached the peak of X litres. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ethanol exports reduced sharply to $X in 2022. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 1,891%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Vanuatu (X litres) was the main destination for ethanol exports from New Zealand, accounting for a 89% share of total exports. Moreover, ethanol exports to Vanuatu exceeded the volume sent to the second major destination, Samoa (X litres), tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Vanuatu was relatively modest.
In value terms, Vanuatu ($X) emerged as the key foreign market for ethyl alcohol exports from New Zealand, comprising 92% of total exports. The second position in the ranking was held by Samoa ($X), with a 3.4% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Vanuatu stood at -1.8%.
Export Prices by Country
The average ethanol export price stood at $X per litre in 2022, growing by 183% against the previous year. In general, the export price showed measured growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vanuatu ($X per litre), while the average price for exports to Samoa stood at $X per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+12.1%), while the prices for the other major destinations experienced a decline.
Ethanol Imports
Imports into New Zealand
In 2022, the amount of ethyl alcohol imported into New Zealand soared to X litres, with an increase of 31% against 2021 figures. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 229%. As a result, imports reached the peak of X litres. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ethanol imports surged to $X in 2022. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 271%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Imports by Country
South Korea (X litres), Australia (X litres) and the United States (X litres) were the main suppliers of ethanol imports to New Zealand, together comprising 92% of total imports. These countries were followed by Pakistan, South Africa and Canada, which together accounted for a further 6.6%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +53.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest ethanol suppliers to New Zealand were the United States ($X), South Korea ($X) and Australia ($X), together comprising 93% of total imports. Pakistan, South Africa and Canada lagged somewhat behind, together accounting for a further 5.6%.
Pakistan, with a CAGR of +50.7%, recorded the highest rates of growth with regard to 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 ethanol import price stood at $X per litre in 2022, surging by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Pakistan ($X per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ethanol 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 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
- Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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