New Zealand: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in New Zealand

The New Zealand heterocyclic compound market shrank to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Heterocyclic Compound Production in New Zealand

In value terms, heterocyclic compound production declined to $X in 2022 estimated in export price. In general, production, however, showed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Heterocyclic Compound Exports

Exports from New Zealand

In 2022, shipments abroad of heterocyclic compounds decreased by X% to X kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, heterocyclic compound exports fell sharply to $X in 2022. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Fiji (X kg) was the main destination for heterocyclic compound exports from New Zealand, with a X% share of total exports. Moreover, heterocyclic compound exports to Fiji exceeded the volume sent to the second major destination, Palau (X kg), more than tenfold. The Netherlands (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Fiji stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palau (X% per year) and the Netherlands (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for heterocyclic compounds exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with an X% share of total exports. It was followed by Palau, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Palau (X% per year).

Export Prices by Country

The average heterocyclic compound export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, recorded significant growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X,000 per ton), while the average price for exports to Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into New Zealand

In 2022, after eight years of decline, there was significant growth in overseas purchases of heterocyclic compounds, when their volume increased by X% to X tons. In general, imports, however, showed a dramatic shrinkage. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, heterocyclic compound imports surged to $X in 2022. Overall, imports, however, showed a precipitous decline. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and India (X tons) were the main suppliers of heterocyclic compound imports to New Zealand, with a combined X% share of total imports. Germany and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of heterocyclic compounds to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

Import Prices by Country

The average heterocyclic compound import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X,975 per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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