Price for Polyphenols; Resorcinol and Its Salts in New Zealand - 2022

Contents:

  1. Price for Polyphenols; Resorcinol and Its Salts in New Zealand (CIF) - 2022
  2. Price for Polyphenols; Resorcinol and Its Salts in New Zealand (FOB) - 2022
  3. Imports of Polyphenols; Resorcinol and Its Salts in New Zealand
  4. Exports of Polyphenols; Resorcinol and Its Salts in New Zealand

Price for Polyphenols; Resorcinol and Its Salts in New Zealand (CIF) - 2022

The average import price for polyphenols; resorcinol and its saltses stood at $9,847 per ton in 2022, rising by 2.4% against the previous year. In general, the import price saw a buoyant expansion. The import price peaked at $10,015 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Japan ($15,758 per ton), while the price for the United States ($7,581 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphenols; Resorcinol and Its Salts in New Zealand (FOB) - 2022

The average export price for polyphenols; resorcinol and its saltses stood at $9,594 per ton in 2022, growing by 86% against the previous year. Overall, the export price saw a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +9.3% per year.

Imports of Polyphenols; Resorcinol and Its Salts in New Zealand

In 2022, approx. 75 tons of polyphenols; resorcinol and its saltses were imported into New Zealand; jumping by 18% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a drastic downturn.

In value terms, polyphenols; resorcinol and its salts imports soared to $739K in 2022. Overall, imports, however, showed a abrupt downturn.

Import of Polyphenols; Resorcinol and Its Salts in New Zealand (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
China814560603-13.9%
Japan46.744.313066.8%
Others6.66.34.9-13.8%
Total867611739-7.7%

Top Suppliers of Polyphenols; Resorcinol and Its Salts to New Zealand in 2022:

  1. China (66.2 tons)
  2. Japan (8.3 tons)

Exports of Polyphenols; Resorcinol and Its Salts in New Zealand

Polyphenols; resorcinol and its salts exports from New Zealand fell rapidly to 1.1 tons in 2022, with a decrease of -49.5% against the year before. Over the period under review, exports showed a sharp contraction. The smallest decline of -28.9% was in 2021.

In value terms, polyphenols; resorcinol and its salts exports fell to $10K in 2022. Overall, exports recorded a noticeable reduction. The smallest decline of -3.1% was in 2020.

Export of Polyphenols; Resorcinol and Its Salts in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia11.911.511.110.5-4.1%
OthersN/AN/AN/AN/A0%
Total11.911.511.110.5-4.1%

Top Export Markets for Polyphenols; Resorcinol and Its Salts from New Zealand in 2022:

  1. Australia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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