New Zealand: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in New Zealand

In 2021, the New Zealand plastic household ware market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption continues to indicate a perceptible descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Plastic Household Ware Production in New Zealand

In value terms, plastic household ware production reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 40% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Plastic Household Ware Exports

Exports from New Zealand

In 2021, exports of plastics household articles and toilet articles from New Zealand surged to X tons, picking up by 58% compared with the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +9.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware exports surged to $X in 2021. Overall, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for plastic household ware exports from New Zealand, with a 47% share of total exports. Moreover, plastic household ware exports to Australia exceeded the volume sent to the second major destination, the United States (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.2% per year) and the UK (+5.4% per year).

In value terms, Australia ($X), the United States ($X) and the UK ($X) constituted the largest markets for plastic household ware exported from New Zealand worldwide, together accounting for 74% of total exports. Denmark, France, Canada and China lagged somewhat behind, together comprising a further 14%.

In terms of the main countries of destination, France, with a CAGR of +82.2%, 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 plastic household ware export price stood at $X per ton in 2021, with an increase of 5.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2014 when the average export price increased by 29% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to China ($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 the United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into New Zealand

Plastic household ware imports into New Zealand soared to X tons in 2021, with an increase of 20% on 2020. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware imports surged to $X in 2021. The total import value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest plastic household ware supplier to New Zealand, with a 75% share of total imports. Moreover, plastic household ware imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+0.5% per year) and the UK (-0.7% per year).

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to New Zealand, comprising 67% of total imports. The second position in the ranking was taken by Australia ($X), with a 7.2% share of total imports. It was followed by the UK, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+1.0% per year) and the UK (+0.8% per year).

Import Prices by Country

The average plastic household ware import price stood at $X per ton in 2021, with an increase of 11% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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