Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $4,511 per ton in 2022, with an increase of 7.8% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 82%. As a result, import price attained the peak level of $4,658 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 the United States ($36,455 per ton), while the price for India ($2,570 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,145 per ton in 2021, shrinking by -56.3% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 34%. The export price peaked at $8,446 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Fiji amounted to +1.6% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand

After two years of decline, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses increased by 37% to 13 tons in 2022. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; 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.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $58K in 2022. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A0.2N/A21.8944.0%
IndiaN/A7.67.514.538.1%
China11.912.520.49.7-6.6%
United States8.50.10.97.6-3.7%
Austria18.96.49.82.2-51.2%
Australia0.4N/A0.11.348.1%
South Korea4.0N/AN/AN/A0%
Others1.50.30.20.5-30.7%
Total45.226.938.957.68.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to New Zealand in 2022:

  1. India (5.6 tons)
  2. China (3.4 tons)
  3. Italy (3.0 tons)
  4. Australia (0.2 tons)
  5. United States (0.2 tons)
  6. Austria (0.2 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand

In 2021, the amount of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses exported from New Zealand soared to 6.2 tons, rising by 2,629% against the previous year. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses soared to $19K in 2021. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in New Zealand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
AustraliaN/AN/A19.50%
Fiji11.51.6N/A-86.1%
OthersN/AN/AN/A0%
Total11.51.619.530.2%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from New Zealand in 2022:

  1. Australia (6.2 tons)

Source: IndexBox Market Intelligence Platform

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