New Zealand: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in New Zealand

The New Zealand non-cellular polyethylene film market soared to $X in 2021, picking up by 30% 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 moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some 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.

Non-Cellular Polyethylene Film Exports

Exports from New Zealand

In 2021, overseas shipments of non-cellular polyethylene films, sheets, foil and strip increased by 121% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a slight descent. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-cellular polyethylene film exports soared to $X in 2021. In general, exports, however, showed a pronounced setback. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for non-cellular polyethylene film exports from New Zealand, with a 73% share of total exports. Moreover, non-cellular polyethylene film exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), tenfold. The United States (X tons) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia amounted to -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+15.2% per year) and the United States (+27.6% per year).

In value terms, Australia ($X) remains the key foreign market for non-cellular polyethylene films, sheets, foil and strip exports from New Zealand, comprising 76% of total exports. The second position in the ranking was held by the United States ($X), with a 3.5% share of total exports. It was followed by Fiji, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value to Australia totaled -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+28.5% per year) and Fiji (+7.7% per year).

Export Prices by Country

The average non-cellular polyethylene film export price stood at $X per ton in 2021, growing by 14% against the previous year. Overall, the export price, however, recorded a noticeable slump. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Hong Kong SAR ($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 the United States (+0.7%), while the prices for the other major destinations experienced a decline.

Non-Cellular Polyethylene Film Imports

Imports into New Zealand

In 2021, non-cellular polyethylene film imports into New Zealand skyrocketed to X tons, picking up by 25% on 2020. The total import volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polyethylene film imports surged to $X in 2021. The total import value increased at an average annual rate of +2.8% over the period 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

Malaysia (X tons), China (X tons) and France (X tons) were the main suppliers of non-cellular polyethylene film imports to New Zealand, with a combined 53% share of total imports. Spain, Thailand, the United Arab Emirates, the UK, Austria, Belgium, Australia, Ireland, Portugal and Germany lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +70.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polyethylene film suppliers to New Zealand were China ($X), Malaysia ($X) and France ($X), with a combined 48% share of total imports. These countries were followed by Spain, the UK, Australia, Austria, Belgium, Thailand, Germany, Ireland, the United Arab Emirates and Portugal, which together accounted for a further 36%.

In terms of the main suppliers, Portugal, with a CAGR of +69.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-cellular polyethylene film import price amounted to $X per ton, surging by 15% against the previous year. In general, the import price, however, saw a slight setback. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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