New Zealand: Aluminium Tube Market 2024

Aluminium Tube Market Size in New Zealand

In 2022, the New Zealand aluminium tube market increased by X% to $X, rising for the third year in a row after five years of decline. Over the period under review, consumption, however, recorded a deep contraction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Tube Production in New Zealand

In value terms, aluminium tube production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Aluminium Tube Exports

Exports from New Zealand

In 2022, shipments abroad of aluminium tubes, pipes and tube or pipe fittings increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports recorded a measured increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aluminium tube exports surged to $X in 2022. Over the period under review, exports posted perceptible growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for aluminium tube exports from New Zealand, accounting for a X% share of total exports. Moreover, aluminium tube exports to Australia exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Fiji (X% per year).

In value terms, Australia ($X) remains the key foreign market for aluminium tubes, pipes and tube or pipe fittings exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Fiji (X% per year).

Export Prices by Country

The average aluminium tube export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the Netherlands ($X 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 Fiji (X%), while the prices for the other major destinations experienced a decline.

Aluminium Tube Imports

Imports into New Zealand

Aluminium tube imports into New Zealand skyrocketed to X tons in 2022, jumping by X% compared with the previous year. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, aluminium tube imports rose markedly to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium tube supplier to New Zealand, with a X% share of total imports. Moreover, aluminium tube imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Australia (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium tubes, pipes and tube or pipe fittings to New Zealand, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).

Import Prices by Country

The average aluminium tube import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :