New Zealand: Market for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China 2024

Market Size for Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China in New Zealand

The New Zealand market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china declined markedly to $X in 2022, waning by -26.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +35.3% against 2020 indices. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Exports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Exports from New Zealand

In 2022, overseas shipments of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china decreased by -38.5% to X units, falling for the third year in a row after four years of growth. Overall, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2014 when exports increased by 99% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china declined remarkably to $X in 2022. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2014 when exports increased by 150%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from New Zealand, accounting for a 75% share of total exports. Moreover, exports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to Australia exceeded the volume sent to the second major destination, Fiji (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to -32.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-41.4% per year) and Portugal (0.0% per year).

In value terms, Australia ($X) emerged as the key foreign market for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china exports from New Zealand, comprising 80% of total exports. The second position in the ranking was taken by Fiji ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to -34.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-43.1% per year) and Portugal (0.0% per year).

Export Prices by Country

The average export price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china stood at $X per unit in 2022, falling by -2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2014 an increase of 26%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Portugal ($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 Portugal (+198.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Sinks, Baths, Water Closet Pans and Similar Sanitary Fixtures of Porcelain or China

Imports into New Zealand

In 2022, approx. X units of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china were imported into New Zealand; falling by -49% compared with the previous year. In general, imports, however, saw a temperate expansion. The growth pace was the most rapid in 2021 with an increase of 127% against the previous year. As a result, imports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china expanded notably to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +50.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china supplier to New Zealand, accounting for a 78% share of total imports. Moreover, imports of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sevenfold. Thailand (X units) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+0.9% per year) and Thailand (-0.2% per year).

In value terms, China ($X) constituted the largest supplier of ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china to New Zealand, comprising 77% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 7.1% share of total imports. It was followed by Thailand, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+4.7% per year) and Thailand (+3.2% per year).

Import Prices by Country

In 2022, the average import price for ceramic sinks, baths, water closet pans and similar sanitary fixtures of porcelain or china amounted to $X per unit, rising by 112% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform