New Zealand: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in New Zealand

The New Zealand market for prefabricated buildings of plastics, concrete or aluminium amounted to $X in 2021, increasing by 3.6% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +24.7% against 2018 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in New Zealand

In value terms, production of prefabricated buildings of plastics, concrete or aluminium reached $X in 2021 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +20.0% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 36% against the previous year. Over the period under review, production of attained the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from New Zealand

In 2021, after three years of decline, there was significant growth in overseas shipments of prefabricated buildings of plastics, concrete or aluminium, when their volume increased by 62% to X tons. In general, exports, however, faced a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by 195%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. Overall, exports, however, recorded a mild reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from New Zealand, with a 64% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Australia exceeded the volume sent to the second major destination, the United States (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Australia stood at +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+26.4% per year) and Spain (+159.2% per year).

In value terms, Australia ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from New Zealand, comprising 76% of total exports. The second position in the ranking was held by the United States ($X), with a 30% share of total exports. It was followed by Spain, with a 20% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+27.3% per year) and Spain (+120.0% per year).

Export Prices by Country

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, picking up by 3.9% against the previous year. Overall, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 249%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Tuvalu ($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 Solomon Islands (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into New Zealand

In 2021, imports of prefabricated buildings of plastics, concrete or aluminium into New Zealand soared to X tons, jumping by 30% compared with the year before. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 68% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 84%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

China (X tons), Australia (X tons) and Vietnam (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to New Zealand, together comprising 71% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +91.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prefabricated buildings of plastics, concrete or aluminium suppliers to New Zealand were China ($X), Australia ($X) and Vietnam ($X), with a combined 69% share of total imports.

Vietnam, with a CAGR of +106.5%, recorded the highest growth rate of 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 2021, the average import price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, rising by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Vietnam ($X per ton) and Greece ($X per ton), while the price for Estonia ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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