New Zealand: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in New Zealand

In 2022, the New Zealand market for self-adhesive plastic tape in rolls of a width under 20cm increased by 17% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from New Zealand

Exports of self-adhesive plastic tape in rolls of a width under 20cm from New Zealand surged to X tons in 2022, with an increase of 26% compared with the previous year. Overall, exports enjoyed strong growth. The pace of growth was the most pronounced in 2018 when exports increased by 58%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm surged to $X in 2022. Over the period under review, exports saw a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 62%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Australia (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from New Zealand, with a 35% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Australia exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by New Caledonia (X tons), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+38.4% per year) and New Caledonia (+21.4% per year).

In value terms, Australia ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from New Zealand, comprising 35% of total exports. The second position in the ranking was taken by the United States ($X), with a 9.1% share of total exports. It was followed by New Caledonia, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.2% per year) and New Caledonia (+19.8% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, surging by 18% against the previous year. In general, the export price, however, showed a slight setback. The growth pace was the most rapid in 2013 when the average export price increased by 19%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($X per ton) and the United States ($X per ton), while the average price for exports to Thailand ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into New Zealand

In 2022, supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm increased by 31% to X tons, rising for the second year in a row after three years of decline. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports of reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm soared to $X in 2022. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +46.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to New Zealand, together accounting for 66% of total imports. Australia, Malaysia, Thailand, Taiwan (Chinese), Italy and Indonesia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +33.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to New Zealand were the United States ($X), China ($X) and Germany ($X), together accounting for 66% of total imports. Australia, Malaysia, Thailand, Taiwan (Chinese), Italy and Indonesia lagged somewhat behind, together accounting for a further 25%.

Among the main suppliers, Malaysia, with a CAGR of +36.7%, saw 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 self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, reducing by -12% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25%. The import price peaked at $X per ton in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($X per ton) and Australia ($X per ton), while the price for Malaysia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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