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

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

In 2022, the New Zealand market for rigid tubes, pipes and hoses of polymers of vinyl chloride increased by 5.5% to $X, rising for the third year in a row after three years of decline. In general, consumption, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 8.8% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, vinyl chloride polymer rigid pipes production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 10% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from New Zealand

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of vinyl chloride were exported from New Zealand; with a decrease of -13.2% against the previous year's figure. Over the period under review, exports saw a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of 171% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vinyl chloride polymer rigid pipes exports reduced modestly to $X in 2022. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 126%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Papua New Guinea (X tons), Niue (X tons) and Fiji (X tons) were the main destinations of vinyl chloride polymer rigid pipes exports from New Zealand, together comprising 63% of total exports.

From 2012 to 2022, the biggest increases were recorded for Niue (with a CAGR of +31.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Niue ($X), Fiji ($X) and Solomon Islands ($X) appeared to be the largest markets for vinyl chloride polymer rigid pipes exported from New Zealand worldwide, together comprising 39% of total exports. Papua New Guinea, Australia, Samoa, Thailand, Kiribati, Cook Islands, Tonga and Vanuatu lagged somewhat behind, together accounting for a further 44%.

Among the main countries of destination, Kiribati, with a CAGR of +32.4%, recorded 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 polymers of vinyl chloride amounted to $X per ton, picking up by 9.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 an increase of 22%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Papua New Guinea ($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 (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into New Zealand

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of vinyl chloride were imported into New Zealand; surging by 15% compared with the previous year's figure. Over the period under review, imports saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, vinyl chloride polymer rigid pipes imports surged to $X in 2022. In general, imports recorded a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), India (X tons) and the United Arab Emirates (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to New Zealand, together comprising 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +17.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride polymer rigid pipes suppliers to New Zealand were China ($X), India ($X) and Australia ($X), together accounting for 75% of total imports. The United Arab Emirates, Fiji and Malaysia lagged somewhat behind, together comprising a further 17%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +22.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 Australia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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