New Zealand: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in New Zealand

The New Zealand button blanks and moulds market expanded modestly to $X in 2022, rising by 4.9% against the previous year. Over the period under review, consumption, however, saw a slight setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Button Blanks & Button Moulds in New Zealand

In value terms, button blanks and moulds production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by 34%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports from New Zealand

In 2022, approx. X kg of button blanks & button moulds were exported from New Zealand; growing by 2.8% on the year before. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 110%. Over the period under review, the exports attained the maximum at X kg in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, button blanks and moulds exports soared to $X in 2022. In general, exports enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 69%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X kg) was the main destination for button blanks and moulds exports from New Zealand, with a 41% share of total exports. Moreover, button blanks and moulds exports to Canada exceeded the volume sent to the second major destination, Samoa (X kg), twofold. New Caledonia (X kg) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+10.2% per year) and New Caledonia (+4.6% per year).

In value terms, Canada ($X) emerged as the key foreign market for button blanks & button moulds exports from New Zealand, comprising 41% of total exports. The second position in the ranking was held by Samoa ($X), with a 17% share of total exports. It was followed by New Caledonia, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+7.3% per year) and New Caledonia (+0.5% per year).

Export Prices by Country

The average button blanks and moulds export price stood at $X per ton in 2022, growing by 50% against the previous year. In general, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($X per ton) and Samoa ($X per ton), while the average price for exports to Australia ($X per ton) and New Caledonia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+57.6%), while the prices for the other major destinations experienced a decline.

Imports of Button Blanks & Button Moulds

Imports into New Zealand

Button blanks and moulds imports into New Zealand amounted to X kg in 2022, flattening at the year before. Over the period under review, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 361%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, button blanks and moulds imports declined rapidly to $X in 2022. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 271% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X kg), China (X kg) and the United States (X kg) were the main suppliers of button blanks and moulds imports to New Zealand, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +37.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and the United States ($X) constituted the largest button blanks and moulds suppliers to New Zealand, together comprising 93% of total imports. Germany, Japan and India lagged somewhat behind, together comprising a further 4.7%.

Japan, with a CAGR of +46.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average button blanks and moulds import price amounted to $X per ton, falling by -33.2% against the previous year. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and the United States ($X per ton), while the price for Japan ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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