New Zealand: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in New Zealand

The New Zealand cold metal-rolling mill market soared to $X in 2022, growing by X% against the previous year. In general, consumption continues to indicate resilient growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cold Metal-Rolling Mill Production in New Zealand

In value terms, cold metal-rolling mill production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cold Metal-Rolling Mill Exports

Exports from New Zealand

Cold metal-rolling mill exports from New Zealand soared to X units in 2022, rising by X% compared with the previous year. Over the period under review, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, cold metal-rolling mill exports dropped rapidly to $X in 2022. In general, exports saw a modest expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Argentina (X units), French Polynesia (X units) and Australia (X units) were the main destinations of cold metal-rolling mill exports from New Zealand, together accounting for X% of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cold metal-rolling mill exported from New Zealand were Australia ($X), Saudi Arabia ($X) and Argentina ($X), together comprising X% of total exports. French Polynesia and the United States lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, French Polynesia, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average cold metal-rolling mill export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X,332 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cold Metal-Rolling Mill Imports

Imports into New Zealand

In 2022, the amount of cold metal-rolling mills imported into New Zealand skyrocketed to X units, picking up by X% compared with the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cold metal-rolling mill imports soared to $X in 2022. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

India (X units), the United States (X units) and Italy (X units) were the main suppliers of cold metal-rolling mill imports to New Zealand, with a combined X% 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 India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of cold metal-rolling mills to New Zealand, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average cold metal-rolling mill import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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