New Zealand: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in New Zealand

The New Zealand barium or aluminium sulphates market fell to $X in 2022, dropping by -9.7% 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 recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from New Zealand

In 2022, the amount of sulphates of barium or aluminium exported from New Zealand contracted notably to X tons, waning by -63% against the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 976%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, barium or aluminium sulphates exports fell significantly to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 1,654%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

American Samoa (X tons) was the main destination for barium or aluminium sulphates exports from New Zealand, accounting for a 70% share of total exports. Moreover, barium or aluminium sulphates exports to American Samoa exceeded the volume sent to the second major destination, Fiji (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to American Samoa totaled +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-4.4% per year) and Samoa (-11.4% per year).

In value terms, American Samoa ($X), Fiji ($X) and Samoa ($X) were the largest markets for barium or aluminium sulphates exported from New Zealand worldwide, together accounting for 94% of total exports.

In terms of the main countries of destination, American Samoa, with a CAGR of +4.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average barium or aluminium sulphates export price amounted to $X per ton, picking up by 2.7% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 149% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Samoa ($X per ton), while the average price for exports to American Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+5,696.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphates Of Barium Or Aluminium

Imports into New Zealand

Barium or aluminium sulphates imports into New Zealand shrank remarkably to X tons in 2022, which is down by -30% on the previous year. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2013 with an increase of 118% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, barium or aluminium sulphates imports fell to $X in 2022. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2013 when imports increased by 119% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia (X tons), Indonesia (X tons) and China (X tons) were the main suppliers of barium or aluminium sulphates imports to New Zealand, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +0.4%), while purchases for the other leaders experienced a decline.

In value terms, the largest barium or aluminium sulphates suppliers to New Zealand were Australia ($X), China ($X) and Indonesia ($X), together accounting for 84% of total imports.

Among the main suppliers, Australia, with a CAGR of +1.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average barium or aluminium sulphates import price amounted to $X per ton, with an increase of 24% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barium or aluminium sulphates import price increased by +36.7% against 2020 indices. As a result, import price reached the peak level 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 ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :