New Zealand: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in New Zealand

After two years of decline, the New Zealand oxygen-function amino-compound market increased by 41% to $X in 2021. In general, consumption, however, saw a abrupt curtailment. Oxygen-function amino-compound consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports from New Zealand

Oxygen-function amino-compound exports from New Zealand skyrocketed to X tons in 2021, jumping by 119% against 2020. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 551% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports skyrocketed to $X in 2021. In general, exports, however, showed a noticeable decrease. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for oxygen-function amino-compound exports from New Zealand, accounting for a 66% share of total exports. Moreover, oxygen-function amino-compound exports to the United States exceeded the volume sent to the second major destination, Fiji (X tons), sixfold. The third position in this ranking was taken by China (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +79.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+44.7% per year) and China (-10.6% per year).

In value terms, Australia ($X) remains the key foreign market for oxygen-function amino-compounds exports from New Zealand, comprising 69% of total exports. The second position in the ranking was taken by Fiji ($X), with an 11% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+40.1% per year) and the United States (+8.4% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, rising by 53% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 557%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Germany ($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 Indonesia (+63.5%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into New Zealand

After two years of decline, overseas purchases of oxygen-function amino-compounds increased by 71% to X tons in 2021. Overall, imports, however, showed a abrupt descent. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. In general, imports, however, recorded a pronounced contraction. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of oxygen-function amino-compound to New Zealand, with a 55% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-11.4% per year) and Saudi Arabia (+32.2% per year).

In value terms, China ($X) constituted the largest supplier of oxygen-function amino-compounds to New Zealand, comprising 60% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by Germany, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.7% per year) and Germany (-4.4% per year).

Import Prices by Country

In 2021, the average oxygen-function amino-compound import price amounted to $X per ton, waning by -16.8% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 19% against the previous year. The import price peaked at $X per ton in 2020, and then declined rapidly in the following year.

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 Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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