Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand - 2023

Contents:

1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand (CIF) - 2023
2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand (FOB) - 2022
3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand
4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand (CIF) - 2023

In December 2023, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,052 per ton, with a decrease of -3.5% against the previous month. Over the period under review, the import price showed a mild setback. The pace of growth was the most pronounced in October 2023 when the average import price increased by 64% against the previous month. The import price peaked at $2,926 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($2,178 per ton), while the price for China amounted to $1,584 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.0%).

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $3,382 per ton, falling by -10.2% against the previous year. Overall, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2021 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $3,767 per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($4,814 per ton), while the average price for exports to New Caledonia ($3,062 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand

In 2022, after three years of growth, there was significant decline in supplies from abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, when their volume decreased by -25.1% to 1.4K tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 16%.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $3.7M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +72.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to New Zealand in 2022:

1. Thailand (922.0 tons)
2. China (398.9 tons)
3. Germany (51.5 tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in New Zealand

In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s exported from New Zealand declined sharply to 2.7 tons, which is down by -36.3% against 2021 figures. Over the period under review, exports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 250% against the previous year. As a result, the exports reached the peak of 4.2 tons, and then dropped remarkably in the following year.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s declined notably to $9K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 469% against the previous year. As a result, the exports reached the peak of $16K, and then declined rapidly in the following year.

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from New Zealand in 2022:

1. New Caledonia (2100.0 kg)
2. Australia (409.0 kg)
3. Fiji (150.0 kg)

Source: IndexBox Market Intelligence Platform