New Zealand: Zinc Oxide Market 2024

Zinc Oxide Market Size in New Zealand

In 2022, the New Zealand zinc oxide market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Zinc Oxide Exports

Exports from New Zealand

Zinc oxide exports from New Zealand surged to X tons in 2022, with an increase of X% compared with 2021 figures. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, zinc oxide exports soared to $X in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Australia (X tons), Singapore (X tons) and the United States (X tons) were the main destinations of zinc oxide exports from New Zealand, together comprising X% of total exports. South Africa, Thailand, Fiji and Indonesia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for zinc oxide exported from New Zealand were Singapore ($X), Australia ($X) and the United States ($X), together comprising X% of total exports. Thailand, South Africa, Fiji and Indonesia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Thailand, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average zinc oxide export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Indonesia ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Oxide Imports

Imports into New Zealand

In 2022, purchases abroad of zinc oxide and zinc peroxide decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, zinc oxide imports stood at $X in 2022. In general, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Thailand (X tons), India (X tons) and Peru (X tons) were the main suppliers of zinc oxide imports to New Zealand, with a combined X% share of total imports. Belgium, China and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), India ($X) and Peru ($X) were the largest zinc oxide suppliers to New Zealand, with a combined X% share of total imports. Belgium, China and Australia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average zinc oxide import price stood at $X per ton in 2022, surging by X% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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