Report Update Nov 1, 2024

New Zealand - Iron or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Expanded Metal Market 2024

Expanded Metal Market Size in New Zealand

In 2022, the New Zealand expanded metal market increased by 16% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, enjoyed a resilient expansion. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Expanded Metal Exports

Exports from New Zealand

In 2022, overseas shipments of iron or steel expanded metal decreased by -94.9% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2015 when exports increased by 888% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, expanded metal exports rose slightly to $X in 2022. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2015 when exports increased by 814% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Fiji (X kg) was the main destination for expanded metal exports from New Zealand, with a 82% share of total exports. Moreover, expanded metal exports to Fiji exceeded the volume sent to the second major destination, Vanuatu (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Fiji stood at -27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (+3.6% per year) and American Samoa (0.0% per year).

In value terms, Fiji ($X) emerged as the key foreign market for iron or steel expanded metal exports from New Zealand, comprising 67% of total exports. The second position in the ranking was held by American Samoa ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Fiji totaled -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: American Samoa (0.0% per year) and Vanuatu (-0.3% per year).

Export Prices by Country

The average expanded metal export price stood at $X per ton in 2022, increasing by 1,914% against the previous year. Over the period under review, the export price posted a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was American Samoa ($X per ton), while the average price for exports to Fiji ($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 Australia (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into New Zealand

In 2022, the amount of iron or steel expanded metal imported into New Zealand fell to X tons, with a decrease of -11% on the previous year. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, expanded metal imports skyrocketed to $X in 2022. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 135% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of expanded metal to New Zealand, accounting for a 74% share of total imports. Moreover, expanded metal imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), fivefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+3.0% per year) and Taiwan (Chinese) (+22.3% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel expanded metal to New Zealand, comprising 56% of total imports. The second position in the ranking was taken by Australia ($X), with a 27% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+7.6% per year) and Taiwan (Chinese) (+29.5% per year).

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, jumping by 39% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel expanded metal in the world?

China remains the largest expanded metal consuming country worldwide, comprising approx. 24% of total volume. Moreover, expanded metal consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the largest producers of iron or steel expanded metal in the world?

The country with the largest volume of expanded metal production was China, comprising approx. 29% of total volume. Moreover, expanded metal production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.4% share.

What are the leading suppliers of iron or steel expanded metal to New Zealand?

In value terms, China constituted the largest supplier of expanded metal to New Zealand, comprising 64% of total imports. The second position in the ranking was occupied by Australia, with a 22% share of total imports.

What are the leading importers of iron or steel expanded metal from New Zealand?

In value terms, Fiji remains the key foreign market for expanded metal exports from New Zealand.

What is the average export price for iron or steel expanded metal in New Zealand?

In 2021, the average expanded metal export price amounted to $1,659 per ton, with a decrease of -16.6% against the previous year.

What is the average import price for iron or steel expanded metal in New Zealand?

The average expanded metal import price stood at $1,579 per ton in 2021, jumping by 20% against the previous year.

This report provides an in-depth analysis of the expanded metal market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931350 - Iron or steel expanded metal

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023