Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand - 2023

Contents:

1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand (FOB) - 2022
2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand (CIF) - 2023
3. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand
4. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $2,410 per ton in 2022, growing by 14% against the previous year. Overall, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 20%. The export price peaked at $12,605 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Israel ($2,408 per ton) and Germany ($2,408 per ton), while the average price for exports to the Netherlands ($2,406 per ton) and Switzerland ($2,408 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand (CIF) - 2023

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $7,231 per ton in December 2023, approximately equating the previous month. Overall, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 105% m-o-m. Over the period under review, average import prices reached the maximum at $25,506 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($16,716 per ton), while the price for Germany ($2,243 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand

In 2022, overseas shipments of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -16.1% to 841 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 170% against the previous year. As a result, the exports attained the peak of 1K tons, and then declined sharply in the following year.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses shrank to $2M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 189%. As a result, the exports attained the peak of $2.1M, and then dropped in the following year.

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from New Zealand in 2022:

1. Switzerland (567.7 tons)
2. Germany (142.9 tons)
3. Israel (117.1 tons)

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in New Zealand

In 2022, supplies from abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses was finally on the rise to reach 230 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep reduction.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $1.4M in 2022. In general, imports, however, recorded a drastic downturn.

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to New Zealand in 2022:

1. China (89.4 tons)
2. United States (33.2 tons)
3. Malaysia (27.8 tons)
4. Germany (24.1 tons)
5. Netherlands (15.5 tons)
6. Taiwan (Chinese) (13.5 tons)
7. India (13.2 tons)
8. South Korea (1.4 tons)

Source: IndexBox Market Intelligence Platform