New Zealand: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in New Zealand

In 2021, after two years of decline, there was significant growth in the New Zealand marble granules and powder market, when its value increased by 7.1% to $X. In general, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.7% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in New Zealand

In value terms, marble granules and powder production expanded remarkably to $X in 2021 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -17.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 67%. Marble granules and powder production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from New Zealand

In 2021, shipments abroad of granules, chippings and powder of marble decreased by -62.7% to X tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 6,475% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble granules and powder exports contracted sharply to $X in 2021. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 5,328% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for marble granules and powder exports from New Zealand, with a 98% share of total exports. It was followed by French Polynesia (X kg), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to -45.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (-45.8% per year) and New Caledonia (-47.7% per year).

In value terms, Singapore ($X) remains the key foreign market for granules, chippings and powder of marble exports from New Zealand, comprising 95% of total exports. The second position in the ranking was taken by New Caledonia ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Singapore totaled -55.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (-16.0% per year) and French Polynesia (-40.8% per year).

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, which is down by -1.7% against the previous year. Overall, the export price, however, saw a notable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 122% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+56.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules, Chippings And Powder Of Marble

Imports into New Zealand

In 2021, supplies from abroad of granules, chippings and powder of marble decreased by -14.5% to X tons, falling for the third year in a row after three years of growth. In general, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2018 when imports increased by 162% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, marble granules and powder imports contracted significantly to $X in 2021. Over the period under review, imports showed a significant decrease. The pace of growth was the most pronounced in 2018 when imports increased by 206% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Vietnam (X tons) and Italy (X kg) were the main suppliers of marble granules and powder imports to New Zealand, with a combined 68% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of -22.5%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X), Vietnam ($X) and Italy ($X) constituted the largest marble granules and powder suppliers to New Zealand, together accounting for 59% of total imports.

Vietnam, with a CAGR of -21.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, which is down by -26.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 27%. As a result, import price attained the peak level of $X per ton, and then fell dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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