New Zealand: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in New Zealand

The New Zealand glass in the mass market declined to $X in 2022, dropping by -4.9% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Glass in the mass consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Glass in The Mass in New Zealand

In value terms, glass in the mass production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Glass in The Mass

Exports from New Zealand

In 2022, approx. X tons of glass in the mass were exported from New Zealand; growing by 13% on the year before. Overall, exports recorded a strong expansion. The growth pace was the most rapid in 2016 with an increase of 157%. Over the period under review, the glass in mass exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, glass in the mass exports surged to $X in 2022. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 140%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Australia (X tons) was the main destination for glass in the mass exports from New Zealand, accounting for a 93% share of total exports. Moreover, glass in the mass exports to Australia exceeded the volume sent to the second major destination, Malaysia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +16.3%.

In value terms, Australia ($X) remains the key foreign market for glass in the mass exports from New Zealand, comprising 93% of total exports. The second position in the ranking was held by Malaysia ($X), with a 6.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at +18.8%.

Export Prices by Country

In 2022, the average glass in the mass export price amounted to $X per ton, picking up by 9.5% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 an increase of 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Malaysia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass in The Mass

Imports into New Zealand

After four years of growth, purchases abroad of glass in the mass decreased by -88.2% to X tons in 2022. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 159% against the previous year. Imports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, glass in the mass imports fell dramatically to $X in 2022. Overall, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by 167%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main glass in the mass supplier to New Zealand, accounting for a 97% share of total imports. It was followed by Italy (X kg), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +158.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (0.0% per year) and the United States (-28.6% per year).

In value terms, Germany ($X) constituted the largest supplier of glass in the mass to New Zealand, comprising 98% of total imports. The second position in the ranking was held by Italy ($X), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +154.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (0.0% per year) and the United States (-38.1% per year).

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, jumping by 85% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton 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 Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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