Ethanal Market in New Zealand
In value terms, ethanal production expanded markedly to $ in estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the production volume increased by % against the previous year. Ethanal production peaked at $ in 2010; however, from 2011 to , production stood at a somewhat lower figure.
The value of the ethanal market in New Zealand rose rapidly to $ in , picking up by % 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). In general, consumption, however, recorded a relatively flat trend pattern. Ethanal consumption peaked at $ in 2010; however, from 2011 to , consumption failed to regain momentum.