Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand - 2024

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,066 per ton in 2022, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($3,066 per ton) and Sweden ($3,066 per ton), while the price for Singapore ($3,066 per ton) and China ($3,066 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand (FOB) - 2022

The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,912 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27%. Over the period under review, the average export prices reached the peak figure at $3,167 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($2,912 per ton), while the average price for exports to Tonga amounted to $2,906 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand

In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into New Zealand contracted to 542 tons, waning by -14.7% on 2021. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 98%. As a result, imports attained the peak of 635 tons, and then contracted in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses contracted modestly to $1.7M in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 158%. As a result, imports attained the peak of $1.7M, and then reduced slightly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States72.31195481,138150.6%
China87.476.448524641.2%
Singapore483244332206-24.7%
SwedenN/A1.4N/A60.6557.9%
Japan124118235N/A37.7%
Belgium32.210394.6N/A71.4%
Others26.94.519.69.3-29.8%
Total8256661,7151,66126.3%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to New Zealand in 2022:

  1. United States (371.4 tons)
  2. China (80.3 tons)
  3. Singapore (67.2 tons)
  4. Sweden (19.8 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand

In 2022, approx. 14 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were exported from New Zealand; shrinking by -36.2% on 2021. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 418% against the previous year. As a result, the exports reached the peak of 22 tons, and then reduced markedly in the following year.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses shrank notably to $42K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 556%. As a result, the exports attained the peak of $59K, and then fell dramatically in the following year.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji10.88.110.141.056.0%
Tonga0.80.81.80.7-4.4%
AustraliaN/AN/A46.8N/A0%
OthersN/AN/A0.1N/A0%
Total11.69.058.941.753.2%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from New Zealand in 2022:

  1. Fiji (14.1 tons)
  2. Tonga (0.2 tons)

Source: IndexBox Market Intelligence Platform

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