New Zealand: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins in New Zealand

The New Zealand plastic bath or sink market dropped sharply to $X in 2022, waning by -19.4% against the previous year. Over the period under review, consumption, however, posted resilient growth. Plastic bath or sink consumption peaked at $X in 2021, and then fell markedly in the following year.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in New Zealand

In value terms, plastic bath or sink production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 198% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Exports from New Zealand

In 2022, approx. X units of plastic baths, shower-baths, sinks and wash-basins were exported from New Zealand; reducing by -17% compared with the previous year. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2013 when exports increased by 62% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic bath or sink exports dropped to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 94%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X units), Cook Islands (X units) and Fiji (X units) were the main destinations of plastic bath or sink exports from New Zealand, together comprising 95% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cook Islands (with a CAGR of -4.2%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for plastic bath or sink exported from New Zealand were Australia ($X), Cook Islands ($X) and Fiji ($X), together comprising 95% of total exports.

Cook Islands, with a CAGR of -2.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average plastic bath or sink export price stood at $X per unit in 2022, surging by 12% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 an increase of 53%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and Cook Islands ($X per unit), while the average price for exports to Samoa ($X per unit) and Fiji ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Imports into New Zealand

In 2022, the amount of plastic baths, shower-baths, sinks and wash-basins imported into New Zealand shrank remarkably to X units, which is down by -36.9% compared with 2021. In general, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, plastic bath or sink imports fell notably to $X in 2022. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 115% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest plastic bath or sink supplier to New Zealand, accounting for a 87% share of total imports. It was followed by Italy (X units), with a 2.4% share of total imports. South Africa (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.8% per year) and South Africa (+62.5% per year).

In value terms, China ($X) constituted the largest supplier of plastic baths, shower-baths, sinks and wash-basins to New Zealand, comprising 87% of total imports. The second position in the ranking was taken by Italy ($X), with a 2.4% share of total imports. It was followed by South Africa, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+22.4% per year) and South Africa (+78.7% per year).

Import Prices by Country

In 2022, the average plastic bath or sink import price amounted to $X per unit, increasing by 5% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic bath or sink import price increased by +15.1% against 2018 indices. The growth pace was the most rapid in 2015 when the average import price increased by 26%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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