New Zealand: Recovered Paper Market 2024

Recovered Paper Market Size in New Zealand

For the third year in a row, the New Zealand recovered paper market recorded decline in sales value, which decreased by -13.1% to $X in 2022. In general, consumption recorded a deep setback. Recovered paper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Recovered Paper Production in New Zealand

In value terms, recovered paper production fell remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when the production volume increased by 63% against the previous year. Recovered paper production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Recovered Paper Exports

Exports from New Zealand

In 2022, overseas shipments of recovered paper increased by 13% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, recovered paper exports dropped to $X in 2022. In general, exports continue to indicate perceptible growth. The growth pace was the most rapid in 2021 when exports increased by 150%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for recovered paper exports from New Zealand, with a 66% share of total exports. Moreover, recovered paper exports to Indonesia exceeded the volume sent to the second major destination, India (X tons), sixfold. The third position in this ranking was held by Australia (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia amounted to +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+7.1% per year) and Australia (+40.3% per year).

In value terms, Indonesia ($X) remains the key foreign market for recovered paper exports from New Zealand, comprising 72% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 7.3% share of total exports. It was followed by India, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to Indonesia totaled +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+16.0% per year) and India (-1.6% per year).

Export Prices by Country

The average recovered paper export price stood at $X per ton in 2022, reducing by -16.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 57% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Thailand ($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 Malaysia (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

Recovered Paper Imports

Imports into New Zealand

In 2022, supplies from abroad of recovered paper decreased by -62.1% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 2,765%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, recovered paper imports declined markedly to $X in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 577%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Indonesia (X tons) and Australia (X tons) were the main suppliers of recovered paper imports to New Zealand, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +135.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of recovered paper to New Zealand, comprising 54% of total imports. The second position in the ranking was taken by Australia ($X), with a 23% share of total imports. It was followed by Indonesia, with a 21% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-3.4% per year) and Indonesia (+149.1% per year).

Import Prices by Country

In 2022, the average recovered paper import price amounted to $X per ton, growing by 98% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 100%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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