Price for Inorganic Acids; Other than Hydrogen Fluoride in New Zealand - 2023

Contents:

  1. Price for Inorganic Acids; Other than Hydrogen Fluoride in New Zealand (CIF) - 2022
  2. Price for Inorganic Acids; Other than Hydrogen Fluoride in New Zealand (FOB) - 2022
  3. Imports of Inorganic Acids; Other than Hydrogen Fluoride in New Zealand
  4. Exports of Inorganic Acids; Other than Hydrogen Fluoride in New Zealand

Price for Inorganic Acids; Other than Hydrogen Fluoride in New Zealand (CIF) - 2022

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,361 per ton, increasing by 18% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 32% against the previous year. As a result, import price attained the peak level of $1,659 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,289 per ton), while the price for Taiwan (Chinese) ($681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inorganic Acids; Other than Hydrogen Fluoride in New Zealand (FOB) - 2022

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $3,292 per ton, picking up by 189% against the previous year. In general, the export price recorded a noticeable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($4,412 per ton), while the average price for exports to French Polynesia amounted to $2,133 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in New Zealand

In 2022, approx. 2K tons of inorganic acids; other than hydrogen fluorides were imported into New Zealand; with a decrease of -19.6% compared with 2021. Over the period under review, imports recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of 2.4K tons, and then fell dramatically in the following year.

In value terms, imports of inorganic acids; other than hydrogen fluorides fell to $2.7M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +62.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. As a result, imports reached the peak of $2.8M, and then shrank in the following year.

Import of Inorganic Acids; Other than Hydrogen Fluoride in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1,5991,3822,1672,13910.2%
Taiwan (Chinese)10691.858.022929.3%
China46.459.745015047.9%
Indonesia55.573.621.3N/A-38.0%
Others10431.111714912.7%
Total1,9111,6382,8132,66811.8%

Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to New Zealand in 2022:

  1. Malaysia (1517.2 tons)
  2. Taiwan (Chinese) (336.6 tons)
  3. China (75.0 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in New Zealand

After three years of growth, overseas shipments of inorganic acids; other than hydrogen fluorides decreased by -93% to 2.4 tons in 2022. In general, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 159% against the previous year. As a result, the exports attained the peak of 34 tons, and then shrank rapidly in the following year.

In value terms, exports of inorganic acids; other than hydrogen fluorides dropped remarkably to $7.8K in 2022. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, the exports reached the peak of $39K, and then shrank notably in the following year.

Export of Inorganic Acids; Other than Hydrogen Fluoride in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji1.0N/A0.44.565.1%
French Polynesia3.1N/A3.12.8-3.3%
Samoa0.4N/A0.50.57.7%
Vanuatu11.05.08.2N/A-13.7%
AustraliaN/A17.826.3N/A47.8%
Netherlands1.6N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total17.222.938.57.8-23.2%

Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from New Zealand in 2022:

  1. French Polynesia (1320.0 kg)
  2. Fiji (1022.0 kg)
  3. Samoa (20.0 kg)

Source: IndexBox Market Intelligence Platform

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