Sulphates; of Aluminium Price in New Zealand - 2023

Contents:

  1. Sulphates; of Aluminium Price in New Zealand (CIF) - 2022
  2. Sulphates; of Aluminium Price in New Zealand (FOB) - 2022
  3. Sulphates; of Aluminium Imports in New Zealand
  4. Sulphates; of Aluminium Exports in New Zealand

Sulphates; of Aluminium Price in New Zealand (CIF) - 2022

In 2022, the average sulphates; of aluminium import price amounted to $532 per ton, growing by 27% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of aluminium import price increased by +89.5% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 30%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($964 per ton), while the price for Indonesia ($405 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Aluminium Price in New Zealand (FOB) - 2022

In 2022, the average sulphates; of aluminium export price amounted to $516 per ton, with a decrease of -16.3% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 920%. As a result, the export price reached the peak level of $10,401 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Samoa ($1,419 per ton), while the average price for exports to American Samoa amounted to $411 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+25.5%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphates; of Aluminium Imports in New Zealand

In 2022, purchases abroad of sulphates; of aluminia decreased by -3.7% to 208 tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. As a result, imports attained the peak of 562 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphates; of aluminium imports soared to $111K in 2022. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 101%. As a result, imports attained the peak of $182K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Sulphates; of Aluminium in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia67.678.374.739.0-16.8%
Australia0.92.85.436.7244.2%
China16.598.58.230.723.0%
Others5.31.92.04.1-8.2%
Total90.318290.41117.1%

Top Suppliers of Sulphates; of Aluminium to New Zealand in 2022:

  1. Indonesia (96.3 tons)
  2. China (73.1 tons)
  3. Australia (38.1 tons)

Sulphates; of Aluminium Exports in New Zealand

In 2022, overseas shipments of sulphates; of aluminia decreased by -71.9% to 16 tons, falling for the second year in a row after two years of growth. In general, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 180% against the previous year. As a result, the exports attained the peak of 109 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphates; of aluminium exports contracted dramatically to $8.4K in 2022. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 46%. As a result, the exports reached the peak of $57K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Sulphates; of Aluminium in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
American Samoa31.154.534.46.2-41.6%
Samoa6.51.10.81.5-38.7%
Fiji1.31.3N/AN/A0.0%
Others0.40.20.50.826.0%
Total39.357.235.78.4-40.2%

Top Export Markets for Sulphates; of Aluminium from New Zealand in 2022:

  1. American Samoa (15.0 tons)
  2. Samoa (1.1 tons)

Source: IndexBox Market Intelligence Platform

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