New Zealand: Metal Rivet Market 2025

Metal Rivet Market Size in New Zealand

In 2022, the New Zealand metal rivet market increased by 4.9% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a pronounced setback. Metal rivet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Rivet Exports

Exports from New Zealand

In 2022, overseas shipments of iron or steel rivets decreased by -9.7% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 175%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, metal rivet exports fell significantly to $X in 2022. In general, exports, however, enjoyed slight growth. The pace of growth was the most pronounced in 2014 when exports increased by 105% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for metal rivet exports from New Zealand, accounting for a 70% share of total exports. Moreover, metal rivet exports to Australia exceeded the volume sent to the second major destination, South Africa (X tons), sevenfold. The third position in this ranking was taken by French Polynesia (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+82.4% per year) and French Polynesia (+60.3% per year).

In value terms, Australia ($X) remains the key foreign market for iron or steel rivets exports from New Zealand, comprising 59% of total exports. The second position in the ranking was taken by China ($X), with a 7.6% share of total exports. It was followed by South Africa, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-18.2% per year) and South Africa (+111.4% per year).

Export Prices by Country

The average metal rivet export price stood at $X per ton in 2022, reducing by -29.8% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to French Polynesia ($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 South Korea (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into New Zealand

In 2022, purchases abroad of iron or steel rivets increased by 3.8% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal rivet imports reached $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal rivet to New Zealand, accounting for a 77% share of total imports. Moreover, metal rivet imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold. Australia (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-5.2% per year) and Australia (-1.3% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel rivets to New Zealand, comprising 53% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports. It was followed by Germany, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.9% per year) and Germany (+5.4% per year).

Import Prices by Country

The average metal rivet import price stood at $X per ton in 2022, dropping by -2.4% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal rivet import price increased by +60.7% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 16% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then dropped modestly in the following year.

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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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