New Zealand: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in New Zealand

In 2021, the New Zealand scouring pastes and powders market increased by 54% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Scouring Pastes And Powders

Exports from New Zealand

In 2021, scouring pastes and powders exports from New Zealand dropped to X tons, waning by -9.5% compared with 2020 figures. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2017 with an increase of 876% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, scouring pastes and powders exports amounted to $X in 2021. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 269% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Fiji (X tons), Cook Islands (X tons) and Samoa (X kg) were the main destinations of scouring pastes and powders exports from New Zealand, with a combined 81% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Cook Islands (with a CAGR of +109.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scouring pastes and powders exported from New Zealand were Fiji ($X), Cook Islands ($X) and Samoa ($X), with a combined 82% share of total exports.

Samoa, with a CAGR of +30.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average scouring pastes and powders export price stood at $X per ton in 2021, rising by 11% against the previous year. Over the period under review, the export price, however, recorded a significant curtailment. The growth pace was the most rapid in 2016 an increase of 462%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Samoa ($X per ton) and French Polynesia ($X per ton), while the average price for exports to Solomon Islands ($X per ton) and Vanuatu ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (-14.1%), while the prices for the other major destinations experienced a decline.

Imports of Scouring Pastes And Powders

Imports into New Zealand

In 2021, supplies from abroad of scouring pastes and powders increased by 48% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports enjoyed a temperate increase. The pace of growth was the most pronounced in 2013 when imports increased by 97% 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, scouring pastes and powders imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest scouring pastes and powders supplier to New Zealand, accounting for a 70% share of total imports. Moreover, scouring pastes and powders imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), ninefold. The third position in this ranking was taken by Australia (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-4.2% per year) and Australia (-22.2% per year).

In value terms, the United States ($X) constituted the largest supplier of scouring pastes and powders to New Zealand, comprising 65% of total imports. The second position in the ranking was held by the UK ($X), with an 8.7% share of total imports. It was followed by Italy, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-16.2% per year) and Italy (+16.7% per year).

Import Prices by Country

The average scouring pastes and powders import price stood at $X per ton in 2021, jumping by 19% against the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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