New Zealand: Nails And Tacks Market 2025

Nails And Tacks Market Size in New Zealand

In 2022, the New Zealand nails and tacks market increased by 5.2% to $X, rising for the third year in a row after three years of decline. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +69.0% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Nails And Tacks Exports

Exports from New Zealand

In 2022, shipments abroad of nails, tacks, drawing pins, corrugated nails, staples decreased by -53.2% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 229%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, nails and tacks exports fell to $X in 2022. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 when exports increased by 95%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Fiji (X tons) was the main destination for nails and tacks exports from New Zealand, with a 45% share of total exports. Moreover, nails and tacks exports to Fiji exceeded the volume sent to the second major destination, Samoa (X tons), twofold. The third position in this ranking was held by France (X tons), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Fiji amounted to +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+6.9% per year) and France (+14.8% per year).

In value terms, France ($X), the UK ($X) and Fiji ($X) constituted the largest markets for nails and tacks exported from New Zealand worldwide, with a combined 73% share of total exports. Samoa, Australia, Tonga, Vanuatu, South Africa and the United States lagged somewhat behind, together accounting for a further 23%.

In terms of the main countries of destination, South Africa, with a CAGR of +115.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average nails and tacks export price amounted to $X per ton, growing by 86% against the previous year. In general, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Nails And Tacks Imports

Imports into New Zealand

In 2022, the amount of nails, tacks, drawing pins, corrugated nails, staples imported into New Zealand was estimated at X tons, leveling off at the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, nails and tacks imports totaled $X in 2022. In general, imports continue to indicate slight growth. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of nails and tacks to New Zealand, with a 67% share of total imports. Moreover, nails and tacks imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. Austria (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+12.3% per year) and Austria (+19.5% per year).

In value terms, China ($X) constituted the largest supplier of nails, tacks, drawing pins, corrugated nails, staples to New Zealand, comprising 57% of total imports. The second position in the ranking was taken by Austria ($X), with an 11% share of total imports. It was followed by Australia, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+24.4% per year) and Australia (-3.3% per year).

Import Prices by Country

The average nails and tacks import price stood at $X per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 9.9% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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