Report Update Nov 1, 2024

New Zealand - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Polyethylene Binder Market 2024

Polyethylene Binder Market Size in New Zealand

The New Zealand polyethylene binder market declined sharply to $X in 2022, which is down by -19.2% 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). In general, consumption, however, continues to indicate a perceptible expansion. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Polyethylene Binder Exports

Exports from New Zealand

Polyethylene binder exports from New Zealand surged to X kg in 2022, increasing by 382% compared with the previous year. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, polyethylene binder exports surged to $X in 2022. In general, exports, however, faced a precipitous descent. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cook Islands (X kg) was the main destination for polyethylene binder exports from New Zealand, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Cook Islands totaled -5.2%.

In value terms, Cook Islands ($X) also remains the key foreign market for polyethylene or polypropylene binder or baler (agricultural) twines exports from New Zealand.

From 2012 to 2022, the average annual rate of growth in terms of value to Cook Islands stood at -3.3%.

Export Prices by Country

The average polyethylene binder export price stood at $X per ton in 2022, rising by 3.3% against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2019 an increase of 41%. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Cook Islands.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +2.7% per year.

Polyethylene Binder Imports

Imports into New Zealand

In 2022, approx. X tons of polyethylene or polypropylene binder or baler (agricultural) twines were imported into New Zealand; reducing by -19.3% compared with 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 36% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, polyethylene binder imports shrank dramatically to $X in 2022. In general, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 85%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

Portugal (X tons), Vietnam (X tons) and the Czech Republic (X tons) were the main suppliers of polyethylene binder imports to New Zealand, together accounting for 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +46.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene binder suppliers to New Zealand were Portugal ($X), Vietnam ($X) and the Czech Republic ($X), with a combined 89% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +51.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polyethylene binder import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyethylene or polypropylene binder or baler (agricultural) twines in the world?

China constituted the country with the largest volume of polyethylene binder consumption, accounting for 15% of total volume. Moreover, polyethylene binder consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of polyethylene or polypropylene binder or baler (agricultural) twines in the world?

The countries with the highest volumes of in 2021 were China, Portugal and India, with a combined 33% share of global production. These countries were followed by Hungary, Indonesia, Japan, Poland, Brazil, Russia, the United States, Nigeria, Vietnam and Bangladesh, which together accounted for a further 25%.

What are the leading suppliers of polyethylene or polypropylene binder or baler (agricultural) twines to New Zealand?

In value terms, the largest polyethylene binder suppliers to New Zealand were Vietnam, Portugal and the Czech Republic, with a combined 82% share of total imports.

What are the leading importers of polyethylene or polypropylene binder or baler (agricultural) twines from New Zealand?

In value terms, Cook Islands remains the key foreign market for polyethylene binder exports from New Zealand.

What is the average export price for polyethylene or polypropylene binder or baler (agricultural) twines in New Zealand?

The average polyethylene binder export price stood at $6,322 per ton in 2021, picking up by 11% against the previous year.

What is the average import price for polyethylene or polypropylene binder or baler (agricultural) twines in New Zealand?

In 2021, the average polyethylene binder import price amounted to $2,994 per ton, increasing by 36% against the previous year.

This report provides an in-depth analysis of the polyethylene binder market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023