New Zealand: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in New Zealand

The New Zealand organic surface active agent market soared to $X in 2021, surging by 23% 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). Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +31.3% against 2019 indices. Organic surface active agent consumption peaked in 2021 and is likely to see steady growth in the near future.

Exports of Organic Surface Active Agents

Exports from New Zealand

In 2021, approx. X tons of organic surface active agents were exported from New Zealand; increasing by 12% compared with 2020. Over the period under review, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of 31% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, organic surface active agent exports totaled $X in 2021. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 36%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for organic surface active agent exports from New Zealand, accounting for a 66% share of total exports. Moreover, organic surface active agent exports to Australia exceeded the volume sent to the second major destination, China (X tons), eightfold. The third position in this ranking was taken by Vietnam (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at -22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-4.6% per year) and Vietnam (+66.5% per year).

In value terms, Australia ($X) remains the key foreign market for organic surface active agents exports from New Zealand, comprising 58% of total exports. The second position in the ranking was taken by China ($X), with a 9.7% share of total exports. It was followed by Fiji, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to -19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+7.9% per year) and Fiji (+2.6% per year).

Export Prices by Country

The average organic surface active agent export price stood at $X per ton in 2021, declining by -2.7% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organic surface active agent export price increased by +10.3% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents

Imports into New Zealand

In 2021, organic surface active agent imports into New Zealand expanded rapidly to X tons, surging by 10% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 15%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, organic surface active agent imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), China (X tons) and the United States (X tons) were the main suppliers of organic surface active agent imports to New Zealand, together comprising 65% of total imports. South Korea, Taiwan (Chinese), Malaysia, Singapore, Germany, India, Japan, Thailand and Belgium lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +23.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), China ($X) and the United States ($X) appeared to be the largest organic surface active agent suppliers to New Zealand, together comprising 68% of total imports. Taiwan (Chinese), South Korea, Singapore, Germany, Japan, Malaysia, India, Thailand and Belgium lagged somewhat behind, together comprising a further 21%.

South Korea, with a CAGR of +24.9%, 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 organic surface active agent import price stood at $X per ton in 2021, growing by 13% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 14%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform