New Zealand: Smart Card Market 2025

Smart Card Market Size in New Zealand

The New Zealand smart card market soared to $X in 2022, rising by 16% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +9.0% 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 +88.6% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Smart Card Production in New Zealand

In value terms, smart card production reached $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 69% against the previous year. Smart card production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Smart Card Exports

Exports from New Zealand

In 2022, overseas shipments of cards incorporating an electronic integrated circuit (smart card) increased by 143% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, saw a abrupt shrinkage. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, smart card exports surged to $X in 2022. Overall, exports, however, saw a deep reduction. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), the UK (X units) and Australia (X units) were the main destinations of smart card exports from New Zealand, with a combined 55% share of total exports. Canada, Chile, Sweden and South Africa lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +113.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Australia ($X) and Canada ($X) appeared to be the largest markets for smart card exported from New Zealand worldwide, with a combined 58% share of total exports. The UK, Sweden, South Africa and Chile lagged somewhat behind, together accounting for a further 30%.

Sweden, with a CAGR of +83.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average smart card export price amounted to $X per unit, rising by 14% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Smart Card Imports

Imports into New Zealand

In 2022, purchases abroad of cards incorporating an electronic integrated circuit (smart card) was finally on the rise to reach X units after two years of decline. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, smart card imports surged to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +121.6% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Australia (X units) and the United States (X units) were the main suppliers of smart card imports to New Zealand, with a combined 84% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +30.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Australia ($X) and the United States ($X) were the largest smart card suppliers to New Zealand, with a combined 77% share of total imports.

Australia, with a CAGR of +21.9%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average smart card import price amounted to $X per unit, growing by 13% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :