Report Update Nov 1, 2024

New Zealand - Saccharin and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

New Zealand: Saccharin Market 2024

Saccharin Market Size in New Zealand

The New Zealand saccharin market soared to $X in 2021, rising by 35% 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, consumption posted a remarkable increase. Saccharin consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Saccharin Exports

Exports from New Zealand

Saccharin exports from New Zealand surged to X kg in 2017, with an increase of 300% on the previous year's figure. Overall, exports, however, continue to indicate a dramatic decrease. Over the period under review, the exports reached the maximum at X kg in 2012; however, from 2013 to 2017, the exports stood at a somewhat lower figure.

In value terms, saccharin exports skyrocketed to $X in 2017. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X kg) was the main destination for saccharin exports from New Zealand, with a 94% share of total exports. Moreover, saccharin exports to the United States exceeded the volume sent to the second major destination, Fiji (X kg), more than tenfold.

From 2012 to 2017, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for saccharin and its salts exports from New Zealand, comprising 100% of total exports. The second position in the ranking was taken by Fiji ($X), with a 0.1% share of total exports.

From 2012 to 2017, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2017, the average saccharin export price amounted to $X per kg, growing by 1,309% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2017, amid the top suppliers, the country with the highest price was the United States ($X per kg), while the average price for exports to Fiji amounted to $X per kg.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+145.5%).

Saccharin Imports

Imports into New Zealand

In 2021, the amount of saccharin and its salts imported into New Zealand surged to X tons, jumping by 27% on the year before. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 121% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, saccharin imports skyrocketed to $X in 2021. Over the period under review, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 88%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest saccharin supplier to New Zealand, accounting for a 69% share of total imports. Moreover, saccharin imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was taken by Japan (X kg), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+56.9% per year) and Japan (+9.7% per year).

In value terms, China ($X) constituted the largest supplier of saccharin and its salts to New Zealand, comprising 48% of total imports. The second position in the ranking was held by Australia ($X), with a 16% share of total imports. It was followed by Japan, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+45.8% per year) and Japan (+9.2% per year).

Import Prices by Country

The average saccharin import price stood at $X per ton in 2021, surging by 11% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, saccharin import price increased by +46.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 75%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Korea ($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 (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saccharin and its salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Korea, together accounting for 32% of global consumption.

What are the largest producers of saccharin and its salts in the world?

The country with the largest volume of saccharin production was China, accounting for 81% of total volume. Moreover, saccharin production in China exceeded the figures recorded by the second-largest producer, South Korea, fivefold.

What are the leading suppliers of saccharin and its salts to New Zealand?

In value terms, China constituted the largest supplier of saccharin to New Zealand, comprising 51% of total imports. The second position in the ranking was occupied by Australia, with a 17% share of total imports. It was followed by Japan, with a 6.6% share.

What are the leading importers of saccharin and its salts from New Zealand?

In value terms, the United States emerged as the key foreign market for saccharin exports from New Zealand, comprising 100% of total exports. The second position in the ranking was occupied by Fiji $38), with a 0.1% share of total exports.

What is the average export price for saccharin and its salts in New Zealand?

In 2017, the average saccharin export price amounted to $17,943 per ton, growing by 30% against the previous year.

What is the average import price for saccharin and its salts in New Zealand?

In 2021, the average saccharin import price amounted to $12,405 per ton, picking up by 19% against the previous year.

This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin and its salts

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