New Zealand: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in New Zealand

In 2022, the New Zealand market for floor, wall or ceiling coverings of plastics decreased by -1.2% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +75.9% against 2016 indices. As a result, consumption reached the peak level of $X, and then fell modestly in the following year.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from New Zealand

In 2022, approx. X square meters of floor, wall or ceiling coverings of plastics were exported from New Zealand; shrinking by -15.5% on the previous year's figure. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by 175%. Over the period under review, the exports of reached the peak figure at X square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics reduced to $X in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 111% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X square meters), Canada (X square meters) and the United States (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from New Zealand, with a combined 67% share of total exports. Germany, China, Fiji, Cook Islands, the UK and Norway lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +265.0%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Canada ($X) and the United States ($X) were the largest markets for plastic floor, wall and ceiling coverings exported from New Zealand worldwide, together accounting for 68% of total exports. Germany, China, Fiji, Cook Islands, the UK and Norway lagged somewhat behind, together comprising a further 26%.

Germany, with a CAGR of +266.7%, recorded the highest rates of growth with regard to 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

The average export price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, increasing by 3.2% against the previous year. Overall, the export price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2013 an increase of 37%. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Norway ($X per square meter) and Australia ($X per square meter), while the average price for exports to China ($X per square meter) and Germany ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into New Zealand

In 2022, imports of floor, wall or ceiling coverings of plastics into New Zealand dropped slightly to X square meters, declining by -4.5% compared with the previous year. Overall, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 35%. As a result, imports attained the peak of X square meters, and then shrank slightly in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics dropped modestly to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +86.7% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest plastic floor, wall and ceiling coverings supplier to New Zealand, with a 45% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, Sweden (X square meters), fourfold. Belgium (X square meters) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+8.4% per year) and Belgium (+9.7% per year).

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to New Zealand, comprising 45% of total imports. The second position in the ranking was held by Sweden ($X), with a 12% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.8% per year) and Belgium (+6.9% per year).

Import Prices by Country

The average import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, growing by 3.2% against the previous year. Overall, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 7.1% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per square meter) and Australia ($X per square meter), while the price for Belgium ($X per square meter) and Luxembourg ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :