New Zealand: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in New Zealand

The New Zealand non-cellular polypropylene film market skyrocketed to $X in 2021, increasing by 164% 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, recorded a pronounced downturn. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Non-Cellular Polypropylene Film Exports

Exports from New Zealand

In 2021, non-cellular polypropylene film exports from New Zealand dropped notably to X tons, waning by -56.8% compared with 2020. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 1,658%. The exports peaked at X tons in 2020, and then reduced rapidly in the following year.

In value terms, non-cellular polypropylene film exports declined sharply to $X in 2021. In general, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 978% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then reduced remarkably in the following year.

Exports by Country

Australia (X tons) was the main destination for non-cellular polypropylene film exports from New Zealand, accounting for a 74% share of total exports. Moreover, non-cellular polypropylene film exports to Australia exceeded the volume sent to the second major destination, the United States (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at +16.6%.

In value terms, Australia ($X) remains the key foreign market for non-cellular polypropylene films, sheets, foil and strip exports from New Zealand, comprising 73% of total exports. The second position in the ranking was held by the United States ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at +12.6%.

Export Prices by Country

The average non-cellular polypropylene film export price stood at $X per ton in 2021, waning by -9.3% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2015 an increase of 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+0.3%), while the prices for the other major destinations experienced a decline.

Non-Cellular Polypropylene Film Imports

Imports into New Zealand

Non-cellular polypropylene film imports into New Zealand stood at X tons in 2021, increasing by 14% compared with 2020 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 16%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, non-cellular polypropylene film imports surged to $X in 2021. In general, imports, however, recorded a slight setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Australia (X tons), Indonesia (X tons) and China (X tons) were the main suppliers of non-cellular polypropylene film imports to New Zealand, with a combined 53% share of total imports. These countries were followed by Malaysia, South Korea, Taiwan (Chinese), the United States, India and Thailand, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of non-cellular polypropylene films, sheets, foil and strip to New Zealand, comprising 27% of total imports. The second position in the ranking was held by Indonesia ($X), with a 13% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+2.3% per year) and China (+4.7% per year).

Import Prices by Country

The average non-cellular polypropylene film import price stood at $X per ton in 2021, jumping by 16% against the previous year. In general, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :