Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in New Zealand - 2023

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand (CIF) - 2023
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand (CIF) - 2023

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $8,706 per ton in December 2023, waning by -12.9% against the previous month. In general, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in February 2023 an increase of 10% month-to-month. As a result, import price attained the peak level of $11,228 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($8,696 per ton), while the price for India stood at $8,694 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-1.2%).

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $11,282 per ton, surging by 3.8% against the previous year. In general, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 56% against the previous year. Over the period under review, the average export prices reached the maximum at $22,967 per ton in 2017; however, from 2018 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 Australia ($11,727 per ton), while the average price for exports to Fiji stood at $11,100 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand

In 2022, after three years of growth, there was significant decline in supplies from abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, when their volume decreased by -13.5% to 456 tons. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 35%.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses totaled $4.8M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to New Zealand in 2022:

1. China (219.6 tons)
2. India (207.3 tons)
3. Australia (11.2 tons)
4. Germany (7.1 tons)
5. South Korea (0.3 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in New Zealand

After two years of growth, shipments abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -53.9% to 759 kg in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 575% against the previous year. As a result, the exports reached the peak of 1.6 tons, and then reduced dramatically in the following year.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses contracted markedly to $8.6K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 767% against the previous year. As a result, the exports attained the peak of $18K, and then reduced dramatically in the following year.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from New Zealand in 2022:

1. Fiji (539.0 kg)
2. Australia (220.0 kg)

Source: IndexBox Market Intelligence Platform