New Zealand: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in New Zealand

The New Zealand market for articles of cellulose fibre-cement, not containing asbestos rose modestly to $X in 2022, picking up by 4.2% against the previous year. Overall, consumption recorded a buoyant expansion. Consumption of peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in New Zealand

In value terms, production of articles of cellulose fibre-cement, not containing asbestos rose to $X in 2022 estimated in export price. In general, production recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 29% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports from New Zealand

In 2022, overseas shipments of articles of cellulose fibre-cement, not containing asbestos decreased by -69.1% to X tons, falling for the third year in a row after five years of growth. Overall, exports showed a slight decrease. The pace of growth was the most pronounced in 2018 with an increase of 171%. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos plummeted to $X in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 220% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Fiji (X tons) was the main destination for exports of articles of cellulose fibre-cement, not containing asbestos from New Zealand, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Fiji totaled +39.5%.

In value terms, Fiji ($X) emerged as the key foreign market for articles of cellulose fibre-cement, not containing asbestos exports from New Zealand.

From 2012 to 2022, the average annual rate of growth in terms of value to Fiji totaled +43.3%.

Export Prices by Country

The average export price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, declining by -61.8% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 221%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3,977.3% per year.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports into New Zealand

In 2022, overseas purchases of articles of cellulose fibre-cement, not containing asbestos increased by 82% to X tons, rising for the second consecutive year after four years of decline. Overall, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 4,634% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos surged to $X in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 5,754% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest articles of cellulose fibre-cement, not containing asbestos supplier to New Zealand, accounting for a 68% share of total imports. Moreover, imports of articles of cellulose fibre-cement, not containing asbestos from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +178.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+57.1% per year) and the United States (+54.6% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to New Zealand, comprising 68% of total imports. The second position in the ranking was held by Japan ($X), with a 26% share of total imports. It was followed by the United States, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +129.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+61.1% per year) and the United States (+26.9% per year).

Import Prices by Country

In 2022, the average import price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, with an increase of 12% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for articles of cellulose fibre-cement, not containing asbestos increased by +38.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 34% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per ton) and Japan ($X per ton), while the price for the United States ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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