New Zealand: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in New Zealand

The New Zealand finishing paper machinery market surged to $X in 2021, jumping by 99% against the previous year. Overall, consumption showed a tangible increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Finishing Paper Machinery Production in New Zealand

In value terms, finishing paper machinery production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 36% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced modestly in the following year.

Finishing Paper Machinery Exports

Exports from New Zealand

For the third year in a row, New Zealand recorded growth in overseas shipments of machinery for finishing paper or paperboard, which increased by 15% to X units in 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 700%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, finishing paper machinery exports rose remarkably to $X in 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 8,945% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Malaysia (X units), Pakistan (X units) and Australia (X units) were the main destinations of finishing paper machinery exports from New Zealand, together comprising 96% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X) remains the key foreign market for machinery for finishing paper or paperboard exports from New Zealand, comprising 85% of total exports. The second position in the ranking was held by Pakistan ($X), with a 6.8% share of total exports. It was followed by Australia, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value to Malaysia totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (0.0% per year) and Australia (-2.1% per year).

Export Prices by Country

In 2021, the average finishing paper machinery export price amounted to $X per unit, waning by -4.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 5,780% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+104.7%), while the prices for the other major destinations experienced more modest paces of growth.

Finishing Paper Machinery Imports

Imports into New Zealand

In 2021, overseas purchases of machinery for finishing paper or paperboard increased by 354% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 7,033% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, finishing paper machinery imports soared to $X in 2021. In general, imports saw significant growth. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Switzerland (X units) constituted the largest finishing paper machinery supplier to New Zealand, with a 66% share of total imports. Moreover, finishing paper machinery imports from Switzerland exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold.

From 2012 to 2021, the average annual growth rate of volume from Switzerland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (0.0% per year) and China (+17.0% per year).

In value terms, Switzerland ($X) constituted the largest supplier of machinery for finishing paper or paperboard to New Zealand, comprising 86% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (0.0% per year) and China (+0.3% per year).

Import Prices by Country

In 2021, the average finishing paper machinery import price amounted to $X per unit, jumping by 977% against the previous year. Over the period under review, the import price enjoyed a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.9%).

Source: IndexBox Platform

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