New Zealand: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in New Zealand

The New Zealand market for PVC floor, wall and ceiling coverings declined slightly to $X in 2022, with a decrease of -2.3% 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). Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.8% against 2016 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from New Zealand

Exports of PVC floor, wall and ceiling coverings from New Zealand declined significantly to X square meters in 2022, with a decrease of -28.7% against 2021 figures. In general, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 357% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of PVC floor, wall and ceiling coverings plummeted to $X in 2022. Overall, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by 172% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X square meters), the United States (X square meters) and Australia (X square meters) were the main destinations of exports of PVC floor, wall and ceiling coverings from New Zealand, with a combined 64% share of total exports. Germany, China, the UK, Cook Islands and Fiji lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +265.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and Australia ($X) appeared to be the largest markets for PVC floor, wall and ceiling coverings exported from New Zealand worldwide, with a combined 64% share of total exports. Germany, China, the UK, Cook Islands and Fiji lagged somewhat behind, together accounting for a further 30%.

Germany, with a CAGR of +266.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for PVC floor, wall and ceiling coverings amounted to $X per square meter, approximately equating the previous year. In general, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54%. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per square meter) and Cook Islands ($X per square meter), while the average price for exports to the UK ($X per square meter) and Germany ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into New Zealand

Imports of PVC floor, wall and ceiling coverings into New Zealand shrank to X square meters in 2022, which is down by -6% compared with the year before. Overall, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of X square meters, and then declined in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings declined to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of $X, and then declined slightly in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to New Zealand, accounting for a 37% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Sweden (X square meters), twofold. Belgium (X square meters) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+10.3% per year) and Belgium (+9.9% per year).

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to New Zealand, comprising 36% of total imports. The second position in the ranking was held by Sweden ($X), with a 15% share of total imports. It was followed by Belgium, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.2% per year) and Belgium (+7.1% per year).

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, growing by 2.8% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 an increase of 4.9% against the previous year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per square meter) and Sweden ($X per square meter), while the price for Taiwan (Chinese) ($X per square meter) and Belgium ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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