New Zealand: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in New Zealand

In 2021, the New Zealand cement prefabricated structural components market increased by 0.7% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Cement prefabricated structural components consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in New Zealand

In value terms, cement prefabricated structural components production stood at $X in 2021 estimated in export price. Over the period under review, production enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 105%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from New Zealand

Cement prefabricated structural components exports from New Zealand fell markedly to X tons in 2021, dropping by -75.2% on 2020 figures. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2013 with an increase of 140%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, cement prefabricated structural components exports dropped significantly to $X in 2021. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 363% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for cement prefabricated structural components exports from New Zealand, with a 88% share of total exports. Moreover, cement prefabricated structural components exports to the United States exceeded the volume sent to the second major destination, Fiji (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-36.6% per year) and Samoa (-40.5% per year).

In value terms, the United States ($X) emerged as the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from New Zealand, comprising 94% of total exports. The second position in the ranking was taken by Fiji ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-44.5% per year) and Samoa (-39.8% per year).

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, picking up by 131% against the previous year. Overall, the export price enjoyed resilient growth. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the 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 ($X per ton), while the average price for exports to Samoa ($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 Cook Islands (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into New Zealand

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were imported into New Zealand; growing by 18% on 2020. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 154% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, cement prefabricated structural components imports surged to $X in 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 238%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of cement prefabricated structural components to New Zealand, accounting for a 72% share of total imports. Moreover, cement prefabricated structural components imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+78.7% per year) and the Netherlands (+63.3% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to New Zealand, comprising 72% of total imports. The second position in the ranking was taken by Australia ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+43.6% per year) and the Netherlands (+56.0% per year).

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, picking up by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2015 when the average import price increased by 38%. The import price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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