Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,010 per ton, picking up by 14% against the previous year. Overall, the import price, however, saw a mild slump. Over the period under review, average import prices reached the peak figure at $2,271 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($2,010 per ton) and Taiwan (Chinese) ($2,010 per ton), while the price for China ($2,010 per ton) and Germany ($2,010 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,967 per ton, growing by 13% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 469%. As a result, the export price attained the peak level of $21,459 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
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 -6.4% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand
In 2022, approx. 48 tons of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses were imported into New Zealand; waning by -46.9% on 2021. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 97%. As a result, imports attained the peak of 90 tons, and then shrank notably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses contracted notably to $96K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports attained the peak of $158K, and then shrank sharply in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 38.1 | 24.8 | 26.5 | 36.8 | -1.2% |
Taiwan (Chinese) | N/A | N/A | 29.0 | 23.7 | -18.3% |
China | 24.5 | 18.3 | 32.7 | 16.1 | -13.1% |
Netherlands | 10.5 | 13.4 | 57.0 | 13.9 | 9.8% |
United States | 20.1 | 16.2 | 10.5 | 4.5 | -39.3% |
Others | 1.5 | 1.2 | 2.7 | 1.3 | -4.7% |
Total | 94.7 | 74.0 | 158 | 96.3 | 0.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to New Zealand in 2022:
- Germany (18.3 tons)
- Taiwan (Chinese) (11.8 tons)
- China (8.0 tons)
- Netherlands (6.9 tons)
- United States (2.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand
Exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses from New Zealand reduced markedly to 292 kg in 2022, waning by -98.3% on 2021. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 1,579%. As a result, the exports attained the peak of 17 tons, and then reduced dramatically in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses fell dramatically to $574 in 2022. In general, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 1,684%. As a result, the exports attained the peak of $30K, and then declined markedly in the following year.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Fiji | 1.4 | N/A | 0.6 | 0.6 | -24.6% |
Papua New Guinea | N/A | N/A | 17.0 | N/A | 0% |
French Polynesia | 2.1 | 1.7 | 12.8 | N/A | 146.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.5 | 1.7 | 30.4 | 0.6 | -44.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from New Zealand in 2022:
- Fiji (292.0 kg)
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