New Zealand: Levels Market 2024

Levels Market Size in New Zealand

In 2022, after six years of growth, there was significant decline in the New Zealand levels market, when its value decreased by X% to $X. Over the period under review, consumption, however, saw a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then declined sharply in the following year.

Levels Production in New Zealand

In value terms, levels production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with a decrease of X%. Levels production peaked in 2022 and is likely to see gradual growth in years to come.

Levels Exports

Exports from New Zealand

In 2022, levels exports from New Zealand fell sharply to X units, reducing by X% against the previous year. Over the period under review, exports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, levels exports surged to $X in 2022. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for levels exports from New Zealand, accounting for a X% share of total exports. Moreover, levels exports to Australia exceeded the volume sent to the second major destination, Fiji (X units), threefold. The third position in this ranking was held by the United States (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and the United States (X% per year).

In value terms, Australia ($X) emerged as the key foreign market for levels exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with an X% share of total exports. It was followed by Cook Islands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Cook Islands (X% per year).

Export Prices by Country

In 2022, the average levels export price amounted to $X per unit, growing by X% against the previous year. In general, the export price recorded a strong increase. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($X per unit), while the average price for exports to Kiribati ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Levels Imports

Imports into New Zealand

In 2022, overseas purchases of levels decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, levels imports reduced to $X in 2022. Over the period under review, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China (X units), Thailand (X units) and Germany (X units) were the main suppliers of levels imports to New Zealand, with a combined X% share of total imports. Australia, Vietnam, Hong Kong SAR and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of levels to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Thailand, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Thailand (X% per year).

Import Prices by Country

The average levels import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, showed a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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