New Zealand: Cement Pipe Market 2024

Cement Pipe Market Size in New Zealand

The New Zealand cement pipe market declined to $X in 2022, which is down by -5.8% against the previous year. Overall, consumption recorded a noticeable slump. Cement pipe consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Cement Pipe Production in New Zealand

In value terms, cement pipe production fell to $X in 2022 estimated in export price. Overall, production showed a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of 55%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Cement Pipe Exports

Exports from New Zealand

In 2022, the amount of pipes and other articles of cement exported from New Zealand shrank notably to X tons, with a decrease of -26.6% on the previous year. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by 120%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement pipe exports dropped markedly to $X in 2022. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of 110% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Samoa (X tons), Australia (X tons) and Fiji (X tons) were the main destinations of cement pipe exports from New Zealand, with a combined 91% share of total exports. These countries were followed by Norfolk Island, Papua New Guinea and Tonga, which together accounted for a further 7%.

From 2012 to 2022, the biggest increases were recorded for Tonga (with a CAGR of +73.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Samoa ($X), Australia ($X) and Fiji ($X) constituted the largest markets for cement pipe exported from New Zealand worldwide, with a combined 91% share of total exports. These countries were followed by Norfolk Island, Papua New Guinea and Tonga, which together accounted for a further 7%.

Among the main countries of destination, Tonga, with a CAGR of +49.1%, saw 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 cement pipe export price amounted to $X per ton, dropping by -2.7% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 98%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and Tonga ($X per ton), while the average price for exports to Norfolk Island ($X per ton) and Papua New Guinea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norfolk Island (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into New Zealand

In 2022, overseas purchases of pipes and other articles of cement decreased by -9.3% to X tons for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 67%. Over the period under review, imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, cement pipe imports expanded remarkably to $X in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 69% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest cement pipe supplier to New Zealand, with a 46% share of total imports. Moreover, cement pipe imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Vietnam (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+102.2% per year) and Vietnam (+19.2% per year).

In value terms, China ($X) constituted the largest supplier of pipes and other articles of cement to New Zealand, comprising 46% of total imports. The second position in the ranking was taken by Spain ($X), with a 22% share of total imports. It was followed by Vietnam, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+103.2% per year) and Vietnam (+17.0% per year).

Import Prices by Country

In 2022, the average cement pipe import price amounted to $X per ton, surging by 16% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe import price increased by +42.1% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 22%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per ton) and Australia ($X per ton), while the price for Italy ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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