New Zealand: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in New Zealand

For the fifth consecutive year, the New Zealand market for other plastic tubes, pipes and hoses recorded growth in sales value, which increased by 8.4% to $X in 2022. In general, consumption posted a prominent increase. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from New Zealand

In 2022, the amount of other plastic tubes, pipes and hoses exported from New Zealand soared to X tons, rising by 84% against 2021. In general, exports showed measured growth. The pace of growth appeared the most rapid in 2014 with an increase of 154%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of other plastic tubes, pipes and hoses skyrocketed to $X in 2022. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 261% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X tons), Australia (X tons) and Thailand (X tons) were the main destinations of exports of other plastic tubes, pipes and hoses from New Zealand, with a combined 86% share of total exports. Niue, Norfolk Island, Samoa and Papua New Guinea lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norfolk Island (with a CAGR of +77.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other plastic tubes, pipes and hoses exported from New Zealand were Fiji ($X), Australia ($X) and Samoa ($X), with a combined 78% share of total exports. Thailand, Papua New Guinea, Norfolk Island and Niue lagged somewhat behind, together accounting for a further 8.7%.

In terms of the main countries of destination, Norfolk Island, with a CAGR of +70.3%, 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

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, waning by -2.6% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for other plastic tubes, pipes and hoses decreased by -8.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 50%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Samoa ($X per ton), while the average price for exports to Niue ($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 Samoa (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into New Zealand

In 2022, purchases abroad of other plastic tubes, pipes and hoses increased by 3.9% to X tons, rising for the fifth consecutive year after two years of decline. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +9.1% 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 +47.6% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 45%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of other plastic tubes, pipes and hoses expanded significantly to $X in 2022. In general, imports saw resilient growth. The growth pace was the most rapid in 2015 when imports increased by 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of other plastic tubes, pipes and hoses to New Zealand, accounting for a 43% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+9.9% per year) and Italy (+7.2% per year).

In value terms, China ($X), the United States ($X) and Australia ($X) were the largest other plastic tubes, pipes and hoses suppliers to New Zealand, with a combined 65% share of total imports. Italy, Germany, Malaysia, Turkey, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 26%.

Malaysia, with a CAGR of +43.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for other plastic tubes, pipes and hoses amounted to $X per ton, rising by 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 12%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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