New Zealand - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNew Zealand: Jewelry Market 2024
Jewelry Market Size in New Zealand
The New Zealand jewelry market expanded to $X in 2021, picking up by 3.7% against the previous year. Over the period under review, consumption, however, saw a measured expansion. Jewelry consumption peaked in 2021 and is expected to retain growth in the near future.
Jewelry Production in New Zealand
In value terms, jewelry production dropped to $X in 2021 estimated in export price. Overall, production showed a pronounced decline. The pace of growth was the most pronounced in 2014 when the production volume increased by 560%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Jewelry Exports
Exports from New Zealand
In 2021, overseas shipments of jewelry were finally on the rise to reach X tons after six years of decline. Overall, exports, however, continue to indicate a deep downturn. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, jewelry exports skyrocketed to $X in 2021. In general, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Australia (X tons) was the main destination for jewelry exports from New Zealand, accounting for a 40% share of total exports. Moreover, jewelry exports to Australia exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was held by the Netherlands (X kg), with an 8.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+28.4% per year) and the Netherlands (+80.0% per year).
In value terms, Australia ($X) remains the key foreign market for jewelry exports from New Zealand, comprising 66% of total exports. The second position in the ranking was held by Thailand ($X), with a 9.8% share of total exports. It was followed by the United States, with a 6.7% share.
From 2012 to 2021, the average annual growth rate of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+35.2% per year) and the United States (+26.6% per year).
Export Prices by Country
In 2021, the average jewelry export price amounted to $X per kg, increasing by 15% against the previous year. Overall, the export price posted a prominent expansion. The growth pace was the most rapid in 2018 an increase of 40%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.
Prices varied noticeably country of destination: the country with the highest price was Fiji ($X per kg), while the average price for exports to the Netherlands ($X per kg) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Jewelry Imports
Imports into New Zealand
In 2021, supplies from abroad of jewelry increased by 14% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, showed a pronounced decrease. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, jewelry imports skyrocketed to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +34.7% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Thailand (X tons) constituted the largest supplier of jewelry to New Zealand, accounting for a 37% share of total imports. Moreover, jewelry imports from Thailand exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand totaled -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+15.9% per year) and China (-5.7% per year).
In value terms, the largest jewelry suppliers to New Zealand were Australia ($X), India ($X) and Thailand ($X), together comprising 54% of total imports. These countries were followed by Italy, the United States, China, Switzerland, Hong Kong SAR and Brazil, which together accounted for a further 31%.
Among the main suppliers, Switzerland, with a CAGR of +55.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average jewelry import price amounted to $X per kg, increasing by 4.7% against the previous year. Overall, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2019 an increase of 24%. As a result, import price attained the peak level of $X per kg. From 2020 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per kg), while the price for Brazil ($X per kg) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the jewelry 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 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
- Prodcom 32121351 - Articles of goldsmiths
- Prodcom 32121353 - Articles of goldsmiths
- Prodcom 32121355 - Articles of goldsmiths
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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