New Zealand: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in New Zealand

After two years of growth, the New Zealand market for flexible tubes, pipes and hoses of plastics, with fittings decreased by -34.1% to $X in 2022. Over the period under review, consumption, however, enjoyed a measured expansion. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from New Zealand

In 2022, the amount of flexible tubes, pipes and hoses of plastics, with fittings exported from New Zealand surged to X tons, jumping by 23% compared with the previous year. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 114%. Over the period under review, the exports of attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings surged to $X in 2022. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by 196% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Thailand (X tons) was the main destination for exports of flexible tubes, pipes and hoses of plastics, with fittings from New Zealand, with a 72% share of total exports. Moreover, exports of flexible tubes, pipes and hoses of plastics, with fittings to Thailand exceeded the volume sent to the second major destination, Australia (X tons), fivefold. The third position in this ranking was held by Cook Islands (X tons), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand totaled +63.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-6.5% per year) and Cook Islands (+10.1% per year).

In value terms, Thailand ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with fittings exports from New Zealand, comprising 78% of total exports. The second position in the ranking was taken by Cook Islands ($X), with a 7.4% share of total exports. It was followed by Australia, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand amounted to +58.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (+7.0% per year) and Australia (-10.2% per year).

Export Prices by Country

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, with an increase of 49% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 61% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-2.7%), while the prices for the other major destinations experienced a decline.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into New Zealand

After two years of growth, purchases abroad of flexible tubes, pipes and hoses of plastics, with fittings decreased by -41.6% to X tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 67% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings reduced to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 43%. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to New Zealand, accounting for a 65% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with fittings from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold. The third position in this ranking was held by Japan (X tons), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-0.5% per year) and Japan (+4.2% per year).

In value terms, China ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with fittings to New Zealand, comprising 31% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 6.8% share of total imports. It was followed by Germany, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-4.2% per year) and Germany (+27.2% per year).

Import Prices by Country

The average import price for flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, surging by 49% against the previous year. Overall, the import price enjoyed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :