New Zealand - Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Acid Price in New Zealand - 2023
Contents:
- Acetic Acid Price in New Zealand (CIF) - 2022
- Acetic Acid Price in New Zealand (FOB) - 2022
- Acetic Acid Imports in New Zealand
- Acetic Acid Exports in New Zealand
Acetic Acid Price in New Zealand (CIF) - 2022
The average acetic acid import price stood at $1,312 per ton in 2022, picking up by 77% against the previous year. In general, the import price saw notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($1,312 per ton) and Australia ($1,312 per ton), while the price for Singapore ($1,312 per ton) and Malaysia ($1,312 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetic Acid Price in New Zealand (FOB) - 2022
In 2022, the average acetic acid export price amounted to $1,341 per ton, rising by 6.7% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 64%. The export price peaked at $3,511 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($1,341 per ton), while the average price for exports to the Netherlands stood at $1,340 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-0.6%).
Acetic Acid Imports in New Zealand
In 2022, after three years of growth, there was significant decline in overseas purchases of acetic acid, when their volume decreased by -25.8% to 2K tons. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% 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 +20.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, imports attained the peak of 2.6K tons, and then contracted markedly in the following year.
In value terms, acetic acid imports surged to $2.6M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Acetic Acid in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 66.1 | 24.8 | 485 | 1,109 | 156.0% |
| South Korea | 460 | 557 | 565 | 888 | 24.5% |
| China | 254 | 120 | 303 | 231 | -3.1% |
| Taiwan (Chinese) | 164 | 106 | 323 | 173 | 1.8% |
| Malaysia | 55.8 | 82.7 | 157 | 100 | 21.5% |
| Others | 81.1 | 36.9 | 131 | 76.6 | -1.9% |
| Total | 1,081 | 928 | 1,964 | 2,577 | 33.6% |
Top Suppliers of Acetic Acid to New Zealand in 2022:
- Singapore (844.8 tons)
- South Korea (676.9 tons)
- China (175.7 tons)
- Taiwan (Chinese) (131.5 tons)
- Malaysia (76.4 tons)
Acetic Acid Exports in New Zealand
In 2022, approx. 34 tons of acetic acid were exported from New Zealand; waning by -24.2% on the year before. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 34%.
In value terms, acetic acid exports dropped notably to $45K in 2022. Overall, exports recorded a sharp slump. The growth pace was the most rapid in 2021 with an increase of 75%.
| Export of Acetic Acid in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 25.2 | 25.7 | 35.2 | 42.9 | 19.4% |
| Netherlands | N/A | N/A | N/A | 0.9 | 0% |
| Belgium | 1,642 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 6.1 | 20.5 | 1.2 | 44.2% |
| Total | 1,668 | 31.8 | 55.7 | 45.1 | -70.0% |
Top Export Markets for Acetic Acid from New Zealand in 2022:
- Fiji (32.0 tons)
- Netherlands (0.7 tons)
This report provides an in-depth analysis of the acetic acid market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143271 - Acetic acid
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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