New Zealand: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in New Zealand

The New Zealand metal pickling preparations market skyrocketed to $X in 2021, picking up by 54% 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, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.5% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Metal Pickling Preparations Exports

Exports from New Zealand

In 2021, approx. X tons of pickling preparations for metal surfaces were exported from New Zealand; with an increase of 83% on 2020. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 181% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, metal pickling preparations exports soared to $X in 2021. In general, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for metal pickling preparations exports from New Zealand, with a 60% share of total exports. Moreover, metal pickling preparations exports to Australia exceeded the volume sent to the second major destination, the Netherlands (X tons), sevenfold. Switzerland (X tons) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to Australia totaled +54.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+8,053.8% per year) and Switzerland (0.0% per year).

In value terms, Australia ($X) remains the key foreign market for pickling preparations for metal surfaces exports from New Zealand, comprising 65% of total exports. The second position in the ranking was taken by Fiji ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to +57.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+0.6% per year) and the Netherlands (+86.2% per year).

Export Prices by Country

The average metal pickling preparations export price stood at $X per ton in 2021, surging by 14% against the previous year. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 106%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Fiji ($X per ton), while the average price for exports to China ($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 the United States (+20.8%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Pickling Preparations Imports

Imports into New Zealand

In 2021, imports of pickling preparations for metal surfaces into New Zealand skyrocketed to X tons, increasing by 49% compared with the previous year. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.5% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal pickling preparations imports soared to $X in 2021. Overall, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.6% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), the United States (X tons) and Singapore (X tons) were the main suppliers of metal pickling preparations imports to New Zealand, with a combined 69% share of total imports. France, South Korea, Germany, Taiwan (Chinese) and China lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +130.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of pickling preparations for metal surfaces to New Zealand, comprising 36% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by Singapore, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Australia stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.1% per year) and Singapore (+0.7% per year).

Import Prices by Country

In 2021, the average metal pickling preparations import price amounted to $X per ton, surging by 6.9% against the previous year. Over the period under review, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 6.9% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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