New Zealand: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in New Zealand

The New Zealand market for rigid tubes, pipes and hoses, of other polymers soared to $X in 2022, rising by 97% against the previous year. In general, consumption enjoyed a resilient increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in New Zealand

In value terms, production of rigid tubes, pipes and hoses, of other polymers soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient expansion. The growth pace was the most rapid in 2014 when the production volume increased by 60% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from New Zealand

Exports of rigid tubes, pipes and hoses, of other polymers from New Zealand dropped sharply to X tons in 2022, shrinking by -63% against 2021. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 311%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers contracted dramatically to $X in 2022. In general, exports faced a deep contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 233% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons), China (X tons) and Thailand (X tons) were the main destinations of exports of rigid tubes, pipes and hoses, of other polymers from New Zealand, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +76.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rigid tubes, pipes and hoses, of other polymers exported from New Zealand were China ($X), Thailand ($X) and Australia ($X), together comprising 77% of total exports.

Among the main countries of destination, Thailand, with a CAGR of +96.9%, saw the highest growth rate of 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

In 2022, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, rising by 65% against the previous year. Over the period under review, the export price saw a temperate increase. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, 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 Norfolk Island ($X per ton), while the average price for exports to Australia ($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 Thailand (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into New Zealand

In 2022, overseas purchases of rigid tubes, pipes and hoses, of other polymers were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a noticeable expansion. The most prominent rate of growth was recorded in 2015 with an increase of 2,502% against the previous year. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers expanded sharply to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 817%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to New Zealand, accounting for a 56% share of total imports. Moreover, imports of rigid tubes, pipes and hoses, of other polymers from Turkey exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled -30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-2.7% per year) and China (+4.9% per year).

In value terms, Australia ($X) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to New Zealand, comprising 37% of total imports. The second position in the ranking was held by Turkey ($X), with an 18% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-33.6% per year) and China (+10.2% per year).

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, approximately reflecting the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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