New Zealand: Market for Builders' Joinery And Carpentry Of Wood 2025

Market Size for Builders' Joinery And Carpentry Of Wood in New Zealand

The New Zealand wooden joinery and carpentry market was estimated at $X in 2021, surging by 1.8% against the previous year. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.1% against 2016 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Builders' Joinery And Carpentry Of Wood in New Zealand

In value terms, wooden joinery and carpentry production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 24%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Builders' Joinery And Carpentry Of Wood

Exports from New Zealand

In 2021, the amount of builders' joinery and carpentry of wood exported from New Zealand dropped dramatically to X tons, declining by -22.3% against the previous year. Over the period under review, exports saw a dramatic downturn. The growth pace was the most rapid in 2017 with an increase of 87% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wooden joinery and carpentry exports reduced to $X in 2021. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by 8.6% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons), Australia (X tons) and the United Arab Emirates (X tons) were the main destinations of wooden joinery and carpentry exports from New Zealand, with a combined 90% share of total exports. Maldives lagged somewhat behind, comprising a further 5.2%.

From 2012 to 2021, the biggest increases were recorded for Maldives (with a CAGR of +21.4%), while shipments for the other leaders experienced a decline.

In value terms, Japan ($X), Australia ($X) and Maldives ($X) were the largest markets for wooden joinery and carpentry exported from New Zealand worldwide, with a combined 90% share of total exports.

Among the main countries of destination, Maldives, with a CAGR of +6.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average wooden joinery and carpentry export price amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into New Zealand

In 2021, after two years of decline, there was significant growth in overseas purchases of builders' joinery and carpentry of wood, when their volume increased by 21% to X tons. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 32% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wooden joinery and carpentry imports soared to $X in 2021. In general, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Australia (X tons) and the United States (X tons) were the main suppliers of wooden joinery and carpentry imports to New Zealand, with a combined 67% share of total imports. Malaysia, Belarus, the UK, Canada, Vietnam, Poland, Germany and Indonesia lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +1,024.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Australia ($X) and the United States ($X) appeared to be the largest wooden joinery and carpentry suppliers to New Zealand, with a combined 64% share of total imports. Malaysia, Belarus, the UK, Germany, Canada, Poland, Indonesia and Vietnam lagged somewhat behind, together accounting for a further 28%.

Belarus, with a CAGR of +1,070.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden joinery and carpentry import price stood at $X per ton in 2021, increasing by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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