New Zealand: Natural Polymers Market 2024

Natural Polymers Market Size in New Zealand

The New Zealand natural polymers market rose rapidly to $X in 2021, with an increase of 9.7% 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 showed a relatively flat trend pattern. Natural polymers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Natural Polymers Exports

Exports from New Zealand

For the fifth year in a row, New Zealand recorded growth in overseas shipments of natural and modified natural polymers in primary forms, which increased by 38% to X tons in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 259% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, natural polymers exports soared to $X in 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 342% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for natural polymers exports from New Zealand, with a 97% share of total exports. It was followed by South Korea (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Australia totaled +26.0%.

In value terms, Australia ($X) remains the key foreign market for natural and modified natural polymers in primary forms exports from New Zealand, comprising 82% of total exports. The second position in the ranking was taken by South Korea ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to +22.7%.

Export Prices by Country

The average natural polymers export price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of 402%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+11.3%).

Natural Polymers Imports

Imports into New Zealand

In 2021, the amount of natural and modified natural polymers in primary forms imported into New Zealand expanded remarkably to X tons, surging by 15% on the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, natural polymers imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of natural polymers imports to New Zealand, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +7.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to New Zealand, comprising 37% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports. It was followed by Norway, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.7% per year) and Norway (+4.4% per year).

Import Prices by Country

The average natural polymers import price stood at $X per ton in 2021, approximately equating the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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