Carbonates; Strontium Carbonate Price in New Zealand - 2023

Contents:

  1. Carbonates; Strontium Carbonate Price in New Zealand (CIF) - 2022
  2. Carbonates; Strontium Carbonate Price in New Zealand (FOB) - 2022
  3. Carbonates; Strontium Carbonate Imports in New Zealand
  4. Carbonates; Strontium Carbonate Exports in New Zealand

Carbonates; Strontium Carbonate Price in New Zealand (CIF) - 2022

In 2022, the average carbonates; strontium carbonate import price amounted to $15,328 per ton, jumping by 70% against the previous year. Over the period under review, the import price showed a pronounced expansion. The growth pace was the most rapid in 2017 an increase of 924% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 ($85,411 per ton), while the price for Australia stood at $13,027 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Carbonates; Strontium Carbonate Price in New Zealand (FOB) - 2022

The average carbonates; strontium carbonate export price stood at $15,412 per ton in 2022, with an increase of 3.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 48% against the previous year. The export price peaked at $18,185 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +0.6% per year.

Carbonates; Strontium Carbonate Imports in New Zealand

In 2022, imports of carbonates; strontium carbonates into New Zealand skyrocketed to 168 kg, with an increase of 71% on the previous year. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 216% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, carbonates; strontium carbonate imports skyrocketed to $2.6K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Strontium Carbonate in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia81.021.01122,123197.0%
United States20779.052.045730.2%
Belgium27.07.05.0N/A-57.0%
China80.019.012.0N/A-61.3%
United Kingdom226240682N/A73.7%
Italy12826.010.0N/A-72.0%
Others2.01.08.01.0-20.6%
Total7513938812,58150.9%

Top Suppliers of Carbonates; Strontium Carbonate to New Zealand in 2022:

  1. Australia (163.0 kg)
  2. United States (5.0 kg)

Carbonates; Strontium Carbonate Exports in New Zealand

For the third year in a row, New Zealand recorded decline in shipments abroad of carbonates; strontium carbonates, which decreased by -51.4% to 17 kg in 2022. Over the period under review, exports faced a significant decrease. The smallest decline of -23.9% was in 2021.

In value terms, carbonates; strontium carbonate exports fell rapidly to $259 in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 10%.

Export of Carbonates; Strontium Carbonate in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji866474523259-33.1%
OthersN/AN/AN/AN/A0%
Total866474523259-33.1%

Top Export Markets for Carbonates; Strontium Carbonate from New Zealand in 2022:

  1. Fiji (17.0 kg)

Source: IndexBox Market Intelligence Platform

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