New Zealand: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in New Zealand

In 2022, the New Zealand market for pure polyvinyl chloride in primary forms increased by 1.2% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate prominent growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from New Zealand

In 2022, approx. X kg of pure polyvinyl chloride in primary forms were exported from New Zealand; falling by 99.9% against 2021 figures. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 4,151%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pure polyvinyl chloride in primary forms fell sharply to $X in 2022. In general, exports showed a sharp descent. The growth pace was the most rapid in 2019 with an increase of 324% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for exports of pure polyvinyl chloride in primary forms from New Zealand, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -40.5%.

In value terms, the United States ($X) emerged as the key foreign market for pure polyvinyl chloride in primary forms exports from New Zealand.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -31.7%.

Export Prices by Country

The average export price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, jumping by 2,509% against the previous year. Over the period under review, the export price continues to indicate resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +17.0% per year.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into New Zealand

In 2022, the amount of pure polyvinyl chloride in primary forms imported into New Zealand fell modestly to X tons, which is down by -1.6% on 2021 figures. The total import volume increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, imports of pure polyvinyl chloride in primary forms expanded slightly to $X in 2022. In general, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 108%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Taiwan (Chinese) (X tons) constituted the largest supplier of pure polyvinyl chloride in primary forms to New Zealand, accounting for a 73% share of total imports. Moreover, imports of pure polyvinyl chloride in primary forms from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Japan (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) amounted to +90.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.7% per year) and Japan (+2.9% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of pure polyvinyl chloride in primary forms to New Zealand, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by Japan, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at +91.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.9% per year) and Japan (+7.4% per year).

Import Prices by Country

The average import price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, growing by 3.5% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +66.6% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 57% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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