New Zealand: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2025

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in New Zealand

The New Zealand market for blankets and travelling rugs of synthetic fibres declined to $X in 2022, which is down by -6% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +18.6% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in New Zealand

In value terms, travelling rugs of synthetic fibre production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from New Zealand

In 2022, the amount of blankets and travelling rugs of synthetic fibres exported from New Zealand skyrocketed to X units, growing by 23% against 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 276% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, travelling rugs of synthetic fibre exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 262%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Australia (X units) was the main destination for travelling rugs of synthetic fibre exports from New Zealand, accounting for a 89% share of total exports. Moreover, travelling rugs of synthetic fibre exports to Australia exceeded the volume sent to the second major destination, French Polynesia (X units), more than tenfold. Fiji (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (+5.9% per year) and Fiji (+20.9% per year).

In value terms, Australia ($X) remains the key foreign market for blankets and travelling rugs of synthetic fibres exports from New Zealand, comprising 89% of total exports. The second position in the ranking was taken by French Polynesia ($X), with a 3.7% share of total exports. It was followed by Fiji, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (+11.1% per year) and Fiji (+16.5% per year).

Export Prices by Country

The average export price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2022, surging by 25% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were French Polynesia ($X per unit) and Australia ($X per unit), while the average price for exports to Fiji ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into New Zealand

In 2022, approx. X units of blankets and travelling rugs of synthetic fibres were imported into New Zealand; waning by -9% against the year before. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, travelling rugs of synthetic fibre imports contracted to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2022, China (X units) was the main travelling rugs of synthetic fibre supplier to New Zealand, with a 92% share of total imports. Moreover, travelling rugs of synthetic fibre imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of blankets and travelling rugs of synthetic fibres to New Zealand, comprising 92% of total imports. The second position in the ranking was held by India ($X), with a 5.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +3.0%.

Import Prices by Country

The average import price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2022, with an increase of 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for India stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%).

Source: IndexBox Platform

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