Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $13,279 per ton, growing by 3.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $20,183 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Norway ($27,700 per ton), while the price for the Netherlands ($3,948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $11,309 per ton, surging by 45% against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. The export price peaked at $25,430 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Fiji.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.6% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand

For the fourth consecutive year, New Zealand recorded growth in purchases abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, which increased by 2.7% to 70 tons in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 106%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses expanded sharply to $932K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +65.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to New Zealand in 2022:

1. Netherlands (35.3 tons)
2. Norway (18.1 tons)
3. France (10.2 tons)
4. China (3.9 tons)
5. Chile (1.0 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in New Zealand

In 2022, approx. 249 kg of polymers, natural; alginic acid, its salts and esters, in primary formses were exported from New Zealand; declining by -50.5% on 2021 figures. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 319%. As a result, the exports attained the peak of 503 kg, and then fell notably in the following year.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses fell dramatically to $2.8K in 2022. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 131%. As a result, the exports attained the peak of $3.9K, and then reduced notably in the following year.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from New Zealand in 2022:

1. Fiji (249.0 kg)

Source: IndexBox Market Intelligence Platform