New Zealand: Organic Pigments Market 2024

Organic Pigments Market Size in New Zealand

The New Zealand organic pigments market reduced rapidly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a deep setback. Organic pigments consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Organic Pigments Exports

Exports from New Zealand

In 2022, the amount of synthetic organic coloring matter and pigments exported from New Zealand skyrocketed to X tons, growing by X% against the previous year's figure. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, organic pigments exports reduced dramatically to $X in 2022. Overall, exports continue to indicate pronounced growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for organic pigments exports from New Zealand, accounting for a X% share of total exports. Moreover, organic pigments exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), more than tenfold. Thailand (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Thailand (X% per year).

In value terms, Australia ($X) emerged as the key foreign market for synthetic organic coloring matter and pigments exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Thailand (X% per year).

Export Prices by Country

The average organic pigments export price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into New Zealand

In 2022, the amount of synthetic organic coloring matter and pigments imported into New Zealand declined to X tons, waning by X% against the previous year's figure. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, organic pigments imports contracted sharply to $X in 2022. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Australia (X tons), India (X tons) and China (X tons) were the main suppliers of organic pigments imports to New Zealand.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), India ($X) and China ($X) constituted the largest organic pigments suppliers to New Zealand, together accounting for X% of total imports. Germany, Denmark, Belgium, France, Thailand, the UK, Taiwan (Chinese) and Singapore lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average organic pigments import price amounted to $X per ton, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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