Price for Carbides, Whether or Not Chemically Defined in New Zealand - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in New Zealand (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in New Zealand (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in New Zealand
  4. Exports of Carbides, Whether or Not Chemically Defined in New Zealand

Price for Carbides, Whether or Not Chemically Defined in New Zealand (CIF) - 2022

In 2022, the average import price for carbides, whether or not chemically defineds amounted to $872 per ton, with a decrease of -27.3% against the previous year. In general, the import price faced a abrupt downturn. The growth pace was the most rapid in 2019 when the average import price increased by 119% against the previous year. Over the period under review, average import prices reached the peak figure at $3,649 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($2,457 per ton), while the price for Slovakia ($681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+331.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Carbides, Whether or Not Chemically Defined in New Zealand (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $1,000 per ton, shrinking by -45.1% against the previous year. Overall, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,402 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -8.1% per year.

Imports of Carbides, Whether or Not Chemically Defined in New Zealand

Imports of carbides, whether or not chemically defineds into New Zealand skyrocketed to 2K tons in 2022, growing by 67% compared with 2021 figures. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 139% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of carbides, whether or not chemically defineds skyrocketed to $1.7M in 2022. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 90%.

Import of Carbides, Whether or Not Chemically Defined in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3091043901,05450.5%
Slovakia18776.611734522.6%
SloveniaN/AN/A80.4266230.8%
Argentina45.414.316.8N/A-39.2%
Malaysia58.44.618.5N/A-43.7%
South Africa1,039251303N/A-46.0%
Netherlands496224374N/A-13.2%
Others21964.210235.3-45.6%
Total2,3537381,4021,700-10.3%

Top Suppliers of Carbides, Whether or Not Chemically Defined to New Zealand in 2022:

  1. China (1326.4 tons)
  2. Slovakia (506.2 tons)
  3. Slovenia (108.4 tons)

Exports of Carbides, Whether or Not Chemically Defined in New Zealand

In 2022, after three years of growth, there was significant decline in shipments abroad of carbides, whether or not chemically defineds, when their volume decreased by 99.9% to 1 kg. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.

In value terms, exports of carbides, whether or not chemically defineds reduced remarkably to $1 in 2022. Over the period under review, exports saw a sharp descent. The pace of growth appeared the most rapid in 2020 when exports increased by 52% against the previous year.

Export of Carbides, Whether or Not Chemically Defined in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A2.8N/AN/A0%
Papua New Guinea3.96.710.7N/A65.6%
Singapore3.45.89.2N/A64.5%
Australia7.68.89.0N/A8.8%
Others3.84.59.3N/A56.4%
Total18.828.538.3N/A42.7%

Top Export Markets for Carbides, Whether or Not Chemically Defined from New Zealand in 2022:

  1. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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