Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand - 2024

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,866 per ton in 2022, with an increase of 39% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $2,930 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($2,867 per ton) and India ($2,866 per ton), while the price for the Netherlands ($2,865 per ton) and China ($2,866 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,906 per ton, increasing by 47% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +67.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $3,318 per ton. From 2017 to 2022, the average 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 Fiji ($2,906 per ton), while the average price for exports to Australia totaled $2,906 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand

In 2022, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into New Zealand soared to 128 tons, rising by 31% against the previous year. In general, imports, however, showed a noticeable setback.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $366K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.613278.323679.8%
United States14097.372.274.7-18.9%
India33.021.924.340.97.4%
Germany4.24.53.66.113.2%
Spain6.90.314.8N/A46.5%
Others3.618.07.28.332.1%
Total22827420036617.1%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to New Zealand in 2022:

  1. China (82.4 tons)
  2. United States (26.1 tons)
  3. India (14.3 tons)
  4. Germany (2.1 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand

After three years of growth, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -82.7% to 2 tons in 2022. Over the period under review, exports, however, showed a slight expansion. The pace of growth was the most pronounced in 2021 with an increase of 370% against the previous year. As a result, the exports reached the peak of 12 tons, and then declined markedly in the following year.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol shrank significantly to $5.9K in 2022. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 436% against the previous year. As a result, the exports reached the peak of $23K, and then contracted remarkably in the following year.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/A1.721.54.460.9%
Fiji0.81.51.61.523.3%
United States3.41.2N/AN/A-64.7%
OthersN/AN/AN/AN/A0%
Total4.24.323.25.912.0%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from New Zealand in 2022:

  1. Australia (1.5 tons)
  2. Fiji (0.5 tons)

Source: IndexBox Market Intelligence Platform

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