New Zealand: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in New Zealand

The New Zealand market for plastic plates, sheets, film, foil and strip surged to $X in 2021, with an increase of 39% 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). The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from New Zealand

In 2021, overseas shipments of plastic plates, sheets, film, foil and strip increased by 8.4% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, exports of plastic plates, sheets, film, foil and strip expanded to $X in 2021. Overall, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 41% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from New Zealand, with a 70% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Australia exceeded the volume sent to the second major destination, the United States (X tons), tenfold. Fiji (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+43.6% per year) and Fiji (+9.6% per year).

In value terms, Australia ($X) remains the key foreign market for plastic plates, sheets, film, foil and strip exports from New Zealand, comprising 71% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.3% share of total exports. It was followed by Fiji, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+39.9% per year) and Fiji (+2.5% per year).

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, declining by -5.1% against the previous year. In general, the export price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into New Zealand

In 2021, approx. X tons of plastic plates, sheets, film, foil and strip were imported into New Zealand; jumping by 21% against the previous year. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), China (X tons) and Australia (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to New Zealand, together comprising 43% of total imports. South Korea, Thailand, Indonesia, France, the UK, Austria, Germany, Spain, Taiwan (Chinese) and the United States lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +11.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and Australia ($X) were the largest plastic plate, sheet, film, foil and strip suppliers to New Zealand, together accounting for 41% of total imports. These countries were followed by South Korea, Germany, the United States, the UK, Indonesia, France, Austria, Thailand, Spain and Taiwan (Chinese), which together accounted for a further 39%.

Austria, with a CAGR of +14.8%, saw 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

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, jumping by 15% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked 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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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