New Zealand: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in New Zealand

The New Zealand pyrotechnic articles market soared to $X in 2021, growing by 36% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +38.3% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pyrotechnic Articles Production in New Zealand

In value terms, pyrotechnic articles production surged to $X in 2021 estimated in export price. In general, production showed a tangible increase. The most prominent rate of growth was recorded in 2015 with an increase of 197% against the previous year. Pyrotechnic articles production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Pyrotechnic Articles Exports

Exports from New Zealand

In 2021, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 62%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, pyrotechnic articles exports soared to $X in 2021. Over the period under review, total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

French Polynesia (X tons), New Caledonia (X tons) and Fiji (X kg) were the main destinations of pyrotechnic articles exports from New Zealand, with a combined 86% share of total exports.

From 2012 to 2021, the biggest increases were recorded for New Caledonia (with a CAGR of +87.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pyrotechnic articles exported from New Zealand were French Polynesia ($X), New Caledonia ($X) and Fiji ($X), together comprising 86% of total exports.

New Caledonia, with a CAGR of +78.9%, recorded the highest growth rate of the value of exports, among 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 2021, the average pyrotechnic articles export price amounted to $X per ton, with an increase of 6.8% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were French Polynesia ($X per ton) and Tonga ($X per ton), while the average price for exports to New Caledonia ($X per ton) and Solomon Islands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Pyrotechnic Articles Imports

Imports into New Zealand

In 2021, after two years of growth, there was significant decline in overseas purchases of signalling flares, rain rockets, fog signals and other pyrotechnic articles, when their volume decreased by -8.6% to X tons. In general, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.2% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 65% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, pyrotechnic articles imports totaled $X in 2021. Overall, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 61%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest pyrotechnic articles supplier to New Zealand, with a 88% share of total imports. Moreover, pyrotechnic articles imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+7.6% per year) and the United States (-13.5% per year).

In value terms, Germany ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to New Zealand, comprising 88% of total imports. The second position in the ranking was taken by the UK ($X), with a 4.1% share of total imports. It was followed by the United States, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+9.2% per year) and the United States (-11.4% per year).

Import Prices by Country

In 2021, the average pyrotechnic articles import price amounted to $X per ton, picking up by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2020 an increase of 20% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the UK ($X per ton) and China ($X per ton), while the price for Germany ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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