New Zealand: Market for Manicure Or Pedicure Sets And Instruments 2024

Market Size for Manicure Or Pedicure Sets And Instruments in New Zealand

In 2022, the New Zealand manicure or pedicure sets market increased by 6% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.7% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Exports of Manicure Or Pedicure Sets And Instruments

Exports from New Zealand

In 2022, the amount of manicure or pedicure sets and instruments exported from New Zealand skyrocketed to X units, growing by 26% on 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 153% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, manicure or pedicure sets exports skyrocketed to $X in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 116%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for manicure or pedicure sets exports from New Zealand, accounting for a 69% share of total exports. Moreover, manicure or pedicure sets exports to Australia exceeded the volume sent to the second major destination, Fiji (X units), threefold. The third position in this ranking was taken by Cook Islands (X units), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+10.1% per year) and Cook Islands (+3.0% per year).

In value terms, Australia ($X) remains the key foreign market for manicure or pedicure sets and instruments exports from New Zealand, comprising 69% of total exports. The second position in the ranking was held by Fiji ($X), with a 24% share of total exports. It was followed by Cook Islands, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+11.7% per year) and Cook Islands (+2.4% per year).

Export Prices by Country

In 2022, the average manicure or pedicure sets export price amounted to $X per unit, rising by 12% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manicure or pedicure sets export price decreased by -32.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 72% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and Fiji ($X per unit), while the average price for exports to Chile ($X per unit) and Cook Islands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports into New Zealand

In 2022, supplies from abroad of manicure or pedicure sets and instruments increased by 6.6% to X units, rising for the fourth consecutive year after four years of decline. Overall, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, manicure or pedicure sets imports expanded significantly to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of manicure or pedicure sets to New Zealand, with a 72% share of total imports. Moreover, manicure or pedicure sets imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), ninefold. The third position in this ranking was taken by South Korea (X units), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+17.8% per year) and South Korea (+0.9% per year).

In value terms, China ($X) constituted the largest supplier of manicure or pedicure sets and instruments to New Zealand, comprising 72% of total imports. The second position in the ranking was held by Australia ($X), with an 8.4% share of total imports. It was followed by South Korea, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+14.1% per year) and South Korea (-1.4% per year).

Import Prices by Country

The average manicure or pedicure sets import price stood at $X per unit in 2022, remaining stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 11% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per unit) and the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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