New Zealand: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in New Zealand

In 2022, the New Zealand hypochlorites, chlorites and hypobromites market decreased by -10.3% to $X, falling for the third year in a row after six years of growth. In general, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -34.2% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from New Zealand

In 2022, exports of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites from New Zealand skyrocketed to X tons, growing by 255% on 2021 figures. Overall, exports, however, saw a abrupt descent. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports soared to $X in 2022. In general, exports, however, saw a noticeable shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for hypochlorites, chlorites and hypobromites exports from New Zealand, accounting for a 54% share of total exports. Moreover, hypochlorites, chlorites and hypobromites exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), twofold. The third position in this ranking was taken by Vanuatu (X tons), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at +74.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-16.5% per year) and Vanuatu (-9.2% per year).

In value terms, Australia ($X), Fiji ($X) and New Caledonia ($X) constituted the largest markets for hypochlorites, chlorites and hypobromites exported from New Zealand worldwide, together accounting for 72% of total exports.

Australia, with a CAGR of +48.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites export price amounted to $X per ton, dropping by -26.5% against the previous year. Over the period under review, the export price, however, continues to indicate a temperate expansion. The growth pace was the most rapid in 2015 when the average export price increased by 150%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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 New Caledonia ($X per ton), while the average price for exports to Australia ($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 Cook Islands (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into New Zealand

In 2022, supplies from abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -17.8% to X tons, falling for the third consecutive year after four years of growth. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports contracted to $X in 2022. In general, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.2% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 21%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Australia (X tons), China (X tons) and the United States (X tons) were the main suppliers of hypochlorites, chlorites and hypobromites imports to New Zealand, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +1.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to New Zealand, comprising 58% of total imports. The second position in the ranking was taken by Australia ($X), with a 25% share of total imports. It was followed by the United States, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+0.5% per year) and the United States (+3.1% per year).

Import Prices by Country

The average hypochlorites, chlorites and hypobromites import price stood at $X per ton in 2022, surging by 19% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hypochlorites, chlorites and hypobromites import price increased by +77.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 49%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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 Japan ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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