Price for Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand

Price for Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of aluminium amounted to $19 per unit, falling by -10.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 60%. The import price peaked at $21 per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($116 per unit), while the price for Thailand ($7.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $19 per unit, growing by 1,205% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($151 per unit), while the average price for exports to China ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kiribati (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand

In 2022, after two years of decline, there was significant growth in purchases abroad of containers for compressed or liquefied gas, of aluminium, when their volume increased by 102% to 107K units. Overall, imports, however, continue to indicate a abrupt slump. Imports peaked at 161K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of containers for compressed or liquefied gas, of aluminium skyrocketed to $2M in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. Imports peaked at $3.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,5487534211,112-10.4%
Canada1.8N/AN/A247415.8%
ThailandN/AN/AN/A2170%
Turkey1511382261642.8%
United Kingdom1,00111870.0102-53.3%
HungaryN/AN/A77.899.127.4%
Taiwan (Chinese)17715619927.6-46.2%
China59.339.181.416.2-35.1%
Samoa7.38.3N/AN/A13.7%
Others27267.345.446.3-44.6%
Total3,2161,2801,1212,031-14.2%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to New Zealand in 2022:

  1. United States (46.5K units)
  2. Thailand (27.3K units)
  3. Turkey (14.4K units)
  4. Hungary (5.7K units)
  5. Canada (5.0K units)
  6. United Kingdom (4.8K units)
  7. China (2.0K units)
  8. Taiwan (Chinese) (0.7K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand

After three years of growth, overseas shipments of containers for compressed or liquefied gas, of aluminium decreased by -89% to 11K units in 2022. In general, exports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 290%. As a result, the exports reached the peak of 100K units, and then dropped sharply in the following year.

In value terms, exports of containers for compressed or liquefied gas, of aluminium skyrocketed to $205K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.310.824.479.473.1%
SingaporeN/A2.525.862.9401.6%
Cook Islands4.5N/A6.331.491.1%
Australia35.528.423.09.1-36.5%
Fiji1.7N/A0.27.261.8%
Japan5.313.012.76.78.1%
China6.511.714.11.1-44.7%
IndiaN/AN/A14.3N/A0%
PhilippinesN/AN/A8.0N/A0%
Samoa1.610.10.4N/A-50.0%
Others44.210513.46.8-46.4%
Total11518114320521.3%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from New Zealand in 2022:

  1. Cook Islands (5.8K units)
  2. Japan (1.5K units)
  3. United States (1.4K units)
  4. Australia (0.7K units)
  5. Singapore (0.4K units)
  6. China (0.4K units)
  7. Fiji (0.4K units)

Source: IndexBox Market Intelligence Platform

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