New Zealand: Talcum Powder Market 2024

Talcum Powder Market Size in New Zealand

The New Zealand talcum powder market soared to $X in 2021, surging by 20% 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). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Talcum powder consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Talcum Powder Exports

Exports from New Zealand

In 2021, exports of talcum powder and other powders for cosmetic use from New Zealand soared to X tons, increasing by 45% on 2020 figures. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2015 with an increase of 408%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, talcum powder exports soared to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 601%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for talcum powder exports from New Zealand, accounting for a 47% share of total exports. Moreover, talcum powder exports to Australia exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+56.2% per year) and China (+56.5% per year).

In value terms, Australia ($X) remains the key foreign market for talcum powder exports from New Zealand, comprising 47% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Australia stood at +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+53.2% per year) and China (+30.4% per year).

Export Prices by Country

The average talcum powder export price stood at $X per ton in 2021, growing by 35% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 38% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to the United States ($X per ton) and Fiji ($X per ton), while the average price for exports to Germany ($X per ton) and China ($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 South Korea (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into New Zealand

In 2021, approx. X tons of talcum powder and other powders for cosmetic use were imported into New Zealand; with an increase of 17% on 2020 figures. Overall, imports, however, saw a pronounced decline. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, talcum powder imports soared to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of talcum powder to New Zealand, accounting for a 34% share of total imports. Moreover, talcum powder imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Australia (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.2% per year) and Australia (-7.5% per year).

In value terms, the United States ($X) constituted the largest supplier of talcum powder to New Zealand, comprising 34% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by Australia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.8% per year) and Australia (+2.1% per year).

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, picking up by 6.3% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 45%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Malaysia ($X per ton) and Canada ($X per ton), while the price for France ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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