Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand - 2024

Contents:

  1. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand (CIF) - 2022
  2. Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand (FOB) - 2022
  3. Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand
  4. Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand (CIF) - 2022

The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,370 per ton in 2022, surging by 29% against the previous year. Over the period under review, the import price saw measured growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 79% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($2,370 per ton) and China ($2,370 per ton), while the price for the United States ($2,368 per ton) and Malaysia ($2,370 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand (FOB) - 2022

The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $1,617 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, faced a deep reduction. Over the period under review, the average export prices attained the maximum at $10,161 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,985 per ton), while the average price for exports to Malaysia ($1,597 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-14.5%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand

In 2022, purchases abroad of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses decreased by -1.3% to 63 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 183% against the previous year. As a result, imports reached the peak of 255 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $150K in 2022. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 128%. As a result, imports attained the peak of $262K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.737.930.492.555.3%
Malaysia43.412328.239.2-3.3%
Germany8.412.69.117.126.7%
United States8.812.39.80.1-77.5%
South KoreaN/A8.2N/AN/A0%
Japan20.057.024.1N/A9.8%
Others9.711.416.30.7-58.4%
Total1152621181509.3%

Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to New Zealand in 2022:

  1. China (39.0 tons)
  2. Malaysia (16.6 tons)
  3. Germany (7.2 tons)
  4. United States (0.1 tons)

Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand

In 2022, the amount of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses exported from New Zealand shrank rapidly to 1.4 tons, falling by -50% against the previous year. Overall, exports saw a dramatic setback.

In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses declined dramatically to $2.2K in 2022. In general, exports saw a sharp descent.

Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in New Zealand (USD)
COUNTRY20212022CAGR,
2021-2022
Malaysia3,8122,006-47.4%
China170129-24.1%
Australia77.041.0-46.8%
Poland294N/A0%
Others37.020.0-45.9%
Total4,3902,196-50.0%

Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from New Zealand in 2022:

  1. Malaysia (1256.0 kg)
  2. China (65.0 kg)
  3. Australia (25.0 kg)

Source: IndexBox Market Intelligence Platform

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