New Zealand: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in New Zealand

The New Zealand plastic self-adhesive plate market rose to $X in 2022, surging by 4.2% 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, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +38.4% against 2020 indices. Plastic self-adhesive plate consumption peaked in 2022 and is expected to retain growth in the immediate term.

Plastic Self-Adhesive Plate Exports

Exports from New Zealand

In 2022, overseas shipments of plastic self-adhesive plates, sheets and other flat shapes increased by 9.3% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, plastic self-adhesive plate exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 72%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for plastic self-adhesive plate exports from New Zealand, with a 52% share of total exports. Moreover, plastic self-adhesive plate exports to Australia exceeded the volume sent to the second major destination, the United States (X tons), sevenfold. Fiji (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.0% per year) and Fiji (+2.3% per year).

In value terms, Australia ($X) remains the key foreign market for plastic self-adhesive plates, sheets and other flat shapes exports from New Zealand, comprising 52% of total exports. The second position in the ranking was held by the United States ($X), with a 7.1% share of total exports. It was followed by Fiji, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-0.8% per year) and Fiji (+6.4% per year).

Export Prices by Country

In 2022, the average plastic self-adhesive plate export price amounted to $X per ton, rising by 20% against the previous year. Over the period under review, the export price, however, showed a mild descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($X per ton) and French Polynesia ($X per ton), while the average price for exports to Malaysia ($X per ton) and Cook Islands ($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 the United States (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into New Zealand

In 2022, overseas purchases of plastic self-adhesive plates, sheets and other flat shapes increased by 7.6% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, plastic self-adhesive plate imports expanded modestly to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +39.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest plastic self-adhesive plate supplier to New Zealand, with a 34% share of total imports. Moreover, plastic self-adhesive plate imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.4% per year) and Germany (+17.5% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest plastic self-adhesive plate suppliers to New Zealand, together accounting for 60% of total imports. Malaysia, Australia, France, Taiwan (Chinese), Thailand, Singapore, Portugal, Belgium, the UK and South Korea lagged somewhat behind, together comprising a further 32%.

Portugal, with a CAGR of +239.2%, saw the highest rates of growth with regard to the value of imports, among 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 plastic self-adhesive plate import price amounted to $X per ton, falling by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2015 an increase of 18%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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