New Zealand: Newsprint Market 2024

Newsprint Market Size in New Zealand

In 2022, the New Zealand newsprint market increased by 5.9% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, faced a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Newsprint Production in New Zealand

In value terms, newsprint production contracted sharply to $X in 2022 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 70% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Newsprint Exports

Exports from New Zealand

In 2022, after two years of growth, there was significant decline in shipments abroad of newsprint, when their volume decreased by -35.7% to X tons. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 670% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, newsprint exports dropped remarkably to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 635%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Solomon Islands (X tons) was the main destination for newsprint exports from New Zealand, with a 83% share of total exports. Moreover, newsprint exports to Solomon Islands exceeded the volume sent to the second major destination, Samoa (X tons), sevenfold. The third position in this ranking was taken by Cook Islands (X kg), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Solomon Islands totaled +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (-8.4% per year) and Cook Islands (-15.8% per year).

In value terms, Solomon Islands ($X) remains the key foreign market for newsprint exports from New Zealand, comprising 80% of total exports. The second position in the ranking was taken by Samoa ($X), with a 15% share of total exports. It was followed by Cook Islands, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to Solomon Islands stood at +17.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (-11.0% per year) and Cook Islands (-15.6% per year).

Export Prices by Country

In 2022, the average newsprint export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tonga ($X per ton), while the average price for exports to Cook Islands ($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 Tonga (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Newsprint Imports

Imports into New Zealand

In 2022, overseas purchases of newsprint increased by 96% to X tons, rising for the third consecutive year after two years of decline. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 337%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, newsprint imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 404%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of newsprint to New Zealand, accounting for a 74% share of total imports. Moreover, newsprint imports from Australia exceeded the figures recorded by the second-largest supplier, Canada (X tons), ninefold. The third position in this ranking was taken by China (X tons), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+57.5% per year) and China (+18.5% per year).

In value terms, Australia ($X) constituted the largest supplier of newsprint to New Zealand, comprising 64% of total imports. The second position in the ranking was held by Canada ($X), with a 12% share of total imports. It was followed by China, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+64.5% per year) and China (+22.1% per year).

Import Prices by Country

The average newsprint import price stood at $X per ton in 2022, rising by 11% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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