New Zealand: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in New Zealand

The New Zealand textile relling machine market surged to $X in 2021, growing by 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a resilient increase. Textile relling machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Textile Relling Machine Exports

Exports from New Zealand

In 2021, after two years of decline, there was significant growth in shipments abroad of machines for reeling, unreeling or textile fabrics, when their volume increased by 414% to X units. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 1,177% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, textile relling machine exports skyrocketed to $X in 2021. Overall, exports recorded resilient growth. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X units) was the main destination for textile relling machine exports from New Zealand, with a 39% share of total exports. Moreover, textile relling machine exports to Fiji exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by Australia (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Fiji totaled +39.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-14.5% per year) and Australia (+10.7% per year).

In value terms, the largest markets for textile relling machine exported from New Zealand were Australia ($X), the Netherlands ($X) and Canada ($X), with a combined 46% share of total exports. Turkey, the United Arab Emirates, Germany, the UK, Spain, Fiji, South Korea, Sweden and Tonga lagged somewhat behind, together comprising a further 54%.

Fiji, with a CAGR of +37.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average textile relling machine export price amounted to $X per unit, with a decrease of -52.3% against the previous year. In general, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2017 an increase of 1,352%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Tonga ($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 Spain (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Relling Machine Imports

Imports into New Zealand

In 2021, approx. X units of machines for reeling, unreeling or textile fabrics were imported into New Zealand; surging by 2.7% compared with the previous year's figure. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by 162%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, textile relling machine imports skyrocketed to $X in 2021. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 143%. Over the period under review, imports attained the peak figure at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

China (X units), Vietnam (X units) and Turkey (X units) were the main suppliers of textile relling machine imports to New Zealand, with a combined 84% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +39.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and China ($X) constituted the largest textile relling machine suppliers to New Zealand, with a combined 66% share of total imports.

Among the main suppliers, the United States, with a CAGR of +20.1%, saw the highest growth rate of 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

The average textile relling machine import price stood at $X per unit in 2021, surging by 62% against the previous year. Over the period under review, the import price enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 159% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+216.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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