New Zealand: Printing Components Market 2024

Printing Components Market Size in New Zealand

The New Zealand printing components market declined to $X in 2022, which is down by -6% against the previous year. In general, consumption showed a abrupt contraction. Printing components consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Printing Components Production in New Zealand

In value terms, printing components production reduced modestly to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The growth pace was the most rapid in 2021 when the production volume increased by 8.5% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Printing Components Exports

Exports from New Zealand

In 2022, shipments abroad of printing components increased by 86% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 429%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, printing components exports surged to $X in 2022. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 58%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Solomon Islands (X tons), French Polynesia (X tons) and New Caledonia (X tons) were the main destinations of printing components exports from New Zealand, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for French Polynesia (with a CAGR of +31.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for printing components exported from New Zealand were Solomon Islands ($X), French Polynesia ($X) and New Caledonia ($X), with a combined 69% share of total exports. Papua New Guinea, Cook Islands, Australia and Fiji lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Papua New Guinea, with a CAGR of +32.8%, saw the highest rates of growth with regard to 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 printing components export price stood at $X per ton in 2022, waning by -23.2% against the previous year. Overall, the export price saw a pronounced decrease. The pace of growth appeared the most rapid in 2017 an increase of 666% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to Solomon Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Components Imports

Imports into New Zealand

In 2022, the amount of printing components imported into New Zealand fell dramatically to X tons, declining by -29.9% on the previous year's figure. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by 30%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, printing components imports fell to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 20%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest printing components supplier to New Zealand, accounting for a 39% share of total imports. Moreover, printing components imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by Australia (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+34.6% per year) and Australia (-12.6% per year).

In value terms, the United States ($X), China ($X) and the UK ($X) were the largest printing components suppliers to New Zealand, together accounting for 67% of total imports. Australia, Spain, Germany, Italy and Japan lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, Spain, with a CAGR of +23.0%, 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 mixed trend patterns.

Import Prices by Country

The average printing components import price stood at $X per ton in 2022, jumping by 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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