New Zealand: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in New Zealand

The New Zealand vulcanised rubber mats market skyrocketed to $X in 2021, surging by 62% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +92.6% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Vulcanised Rubber Mats Production in New Zealand

In value terms, vulcanised rubber mats production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2019 when the production volume increased by 409%. Vulcanised rubber mats production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Vulcanised Rubber Mats Exports

Exports from New Zealand

For the third year in a row, New Zealand recorded decline in overseas shipments of floor coverings and mats of vulcanised rubber, which decreased by -14.8% to X tons in 2021. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 34% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports declined slightly to $X in 2021. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 31% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons), the United States (X tons) and Australia (X tons) were the main destinations of vulcanised rubber mats exports from New Zealand, with a combined 84% share of total exports. These countries were followed by Canada and Germany, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +272.4%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), the United States ($X) and Australia ($X) were the largest markets for vulcanised rubber mats exported from New Zealand worldwide, together accounting for 84% of total exports. Canada and Germany lagged somewhat behind, together comprising a further 13%.

Among the main countries of destination, Germany, with a CAGR of +253.0%, 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

The average vulcanised rubber mats export price stood at $X per ton in 2021, increasing by 13% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the average price for exports to the UK ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into New Zealand

In 2021, purchases abroad of floor coverings and mats of vulcanised rubber was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 106% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; afterwards, it flattened through to 2021.

In value terms, vulcanised rubber mats imports soared to $X in 2021. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 78%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Australia (X tons) were the main suppliers of vulcanised rubber mats imports to New Zealand, with a combined 69% share of total imports. These countries were followed by the United States, Poland, Sri Lanka, Japan, Malaysia, Taiwan (Chinese), Indonesia, Thailand and Germany, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +54.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Australia ($X) constituted the largest vulcanised rubber mats suppliers to New Zealand, together accounting for 69% of total imports. The United States, Poland, Sri Lanka, Japan, Malaysia, Taiwan (Chinese), Indonesia, Thailand and Germany lagged somewhat behind, together comprising a further 26%.

Poland, with a CAGR of +41.5%, 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 2021, the average vulcanised rubber mats import price amounted to $X per ton, growing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 22%. The import price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Sri Lanka ($X per ton) and India ($X per ton), while the price for Malaysia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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