New Zealand - Phenolic Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenolic Resins Price in New Zealand - 2023
Contents:
- Phenolic Resins Price in New Zealand (FOB) - 2023
- Phenolic Resins Price in New Zealand (CIF) - 2022
- Phenolic Resins Exports in New Zealand
- Phenolic Resins Imports in New Zealand
Phenolic Resins Price in New Zealand (FOB) - 2023
The average phenolic resins export price stood at $1,469 per ton in August 2023, with a decrease of -8.1% against the previous month. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in March 2023 an increase of 41% m-o-m. Over the period under review, the average export prices attained the peak figure at $3,396 per ton in August 2022; however, from September 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Australia ($2,582 per ton), while the average price for exports to Papua New Guinea stood at $1,237 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (-0.7%), while the prices for the other major destinations experienced a decline.
Phenolic Resins Price in New Zealand (CIF) - 2022
In 2022, the average phenolic resins import price amounted to $1,887 per ton, declining by -16% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 an increase of 28%. The import price peaked at $3,686 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($20,953 per ton), while the price for South Africa ($721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenolic Resins Exports in New Zealand
In 2022, shipments abroad of phenolic resins in primary forms decreased by -99.2% to 10 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,207% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then shrank dramatically in the following year.
In value terms, phenolic resins exports shrank significantly to $28K in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2,416% against the previous year. As a result, the exports attained the peak of $2M, and then declined rapidly in the following year.
Export of Phenolic Resins in New Zealand (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Papua New Guinea | N/A | N/A | 859 | 2,574 | 199.7% |
Australia | 36.4 | 72.2 | 746 | 2,466 | 307.7% |
Fiji | 16.8 | 5.6 | 313 | 439 | 196.7% |
Others | N/A | N/A | 40.3 | -5,451.0 | -13626.1% |
Total | 53.3 | 77.8 | 1,959 | 27.6 | -19.7% |
Top Export Markets for Phenolic Resins from New Zealand in 2022:
- Papua New Guinea (1.9K tons)
- Australia (1.0K tons)
- Fiji (0.3K tons)
Phenolic Resins Imports in New Zealand
In 2022, imports of phenolic resins in primary forms into New Zealand surged to 440 tons, picking up by 18% on the previous year. In general, imports, however, saw a deep downturn.
In value terms, phenolic resins imports dropped slightly to $830K in 2022. Over the period under review, imports, however, continue to indicate a deep slump.
Import of Phenolic Resins in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 88.2 | 88.7 | 103 | 157 | 21.2% |
United States | 152 | 148 | 132 | 127 | -5.8% |
Malaysia | 66.8 | 97.3 | 66.1 | 121 | 21.9% |
Canada | 32.7 | 31.9 | 34.1 | 32.0 | -0.7% |
Australia | 4.0 | 42.3 | 8.5 | 26.5 | 87.8% |
China | 82.5 | 40.0 | 77.0 | 18.9 | -38.8% |
South Africa | N/A | 33.5 | N/A | 7.2 | -53.6% |
India | 794 | 178 | 241 | N/A | -44.9% |
Others | 48.3 | 269 | 178 | 341 | 91.8% |
Total | 1,268 | 930 | 840 | 830 | -13.2% |
Top Suppliers of Phenolic Resins to New Zealand in 2022:
- Singapore (118.0 tons)
- United States (34.4 tons)
- South Africa (10.0 tons)
- China (8.3 tons)
- Australia (7.4 tons)
- Canada (7.0 tons)
- Malaysia (5.8 tons)
This report provides an in-depth analysis of the phenolic resins market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165650 - Phenolic resins, in primary forms
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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