New Zealand: Organic Pigments Market 2025

Organic Pigments Market Size in New Zealand

In 2021, the New Zealand organic pigments market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a slight slump. Organic pigments consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Organic Pigments Exports

Exports from New Zealand

In 2021, approx. X tons of synthetic organic coloring matter and pigments were exported from New Zealand; falling by -22.2% against 2020. Over the period under review, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 352%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, organic pigments exports expanded remarkably to $X in 2021. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 311% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for organic pigments exports from New Zealand, accounting for a 616% share of total exports. Moreover, organic pigments exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), more than tenfold. The third position in this ranking was taken by Thailand (X kg), with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at +33.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-3.8% per year) and Thailand (-27.0% per year).

In value terms, Australia ($X) emerged as the key foreign market for synthetic organic coloring matter and pigments exports from New Zealand, comprising 126% of total exports. The second position in the ranking was held by Fiji ($X), with a 6.3% share of total exports. It was followed by Thailand, with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled +32.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-5.3% per year) and Thailand (-21.5% per year).

Export Prices by Country

The average organic pigments export price stood at $X per ton in 2021, with an increase of 39% against the previous year. Overall, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 when the average export price increased by 143% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into New Zealand

In 2021, purchases abroad of synthetic organic coloring matter and pigments was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a deep downturn. The growth pace was the most rapid in 2017 when imports increased by 10%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, organic pigments imports rose markedly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), India (X tons) and China (X tons) were the main suppliers of organic pigments imports to New Zealand.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +181.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), India ($X) and China ($X) were the largest organic pigments suppliers to New Zealand, together comprising 48% of total imports. These countries were followed by Germany, Denmark, Belgium, France, Thailand, the UK, Taiwan (Chinese) and Singapore, which together accounted for a further 34%.

Denmark, with a CAGR of +125.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2021, growing by 5.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.3%. The growth pace was the most rapid in 2013 an increase of 29%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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