Report Update Nov 1, 2024

New Zealand - Slag Wool, Rock Wool and Similar Mineral Wools and Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Mineral Wool Market 2024

Mineral Wool Market Size in New Zealand

The New Zealand mineral wool market surged to $X in 2021, growing by 113% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mineral Wool Exports

Exports from New Zealand

Mineral wool exports from New Zealand rose sharply to X tons in 2021, growing by 13% on the previous year's figure. Overall, exports recorded significant growth. The growth pace was the most rapid in 2018 with an increase of 4,262%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, mineral wool exports surged to $X in 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 2,135% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for mineral wool exports from New Zealand, accounting for a 98% share of total exports. It was followed by Australia (X tons), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Japan stood at +22.1%.

In value terms, Japan ($X) remains the key foreign market for slag wool, rock wool and similar mineral wools and mixtures exports from New Zealand, comprising 98% of total exports. The second position in the ranking was taken by Australia ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled +23.4%.

Export Prices by Country

In 2021, the average mineral wool export price amounted to $X per ton, with an increase of 9.6% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 314% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+15.3%).

Mineral Wool Imports

Imports into New Zealand

Mineral wool imports into New Zealand soared to X tons in 2021, picking up by 80% against the year before. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mineral wool imports soared to $X in 2021. Overall, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), the Netherlands (X tons) and South Korea (X tons) were the main suppliers of mineral wool imports to New Zealand, together comprising 49% of total imports. These countries were followed by Russia, China, Malaysia, the UK, the Czech Republic, Australia and Thailand, which together accounted for a further 50%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +206.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and South Korea ($X) appeared to be the largest mineral wool suppliers to New Zealand, together accounting for 55% of total imports. These countries were followed by China, Russia, Malaysia, the UK, the Czech Republic, Australia and Thailand, which together accounted for a further 43%.

Among the main suppliers, Russia, with a CAGR of +262.9%, 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

In 2021, the average mineral wool import price amounted to $X per ton, picking up by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2019 an increase of 22% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for slag wool, rock wool and similar mineral wools and mixtures in the world?

The countries with the highest volumes of mineral wool consumption in 2020 were China, the United States and India, together comprising 55% of global consumption.

What are the largest producers of slag wool, rock wool and similar mineral wools and mixtures in the world?

The countries with the highest volumes of mineral wool production in 2020 were China, the United States and India, together comprising 55% of global production. Japan, Russia, Mexico, South Korea, Germany, Spain and Thailand lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of slag wool, rock wool and similar mineral wools and mixtures to New Zealand?

In value terms, the largest mineral wool suppliers to New Zealand were the Netherlands, Poland and China, together comprising 64% of total imports.

What are the leading importers of slag wool, rock wool and similar mineral wools and mixtures from New Zealand?

In value terms, Japan remains the key foreign market for mineral wool exports from New Zealand.

What is the average export price for slag wool, rock wool and similar mineral wools and mixtures in New Zealand?

In 2020, the average mineral wool export price amounted to $4,021 per ton, dropping by -2.9% against the previous year.

What is the average import price for slag wool, rock wool and similar mineral wools and mixtures in New Zealand?

The average mineral wool import price stood at $2,448 per ton in 2020, growing by 26% against the previous year.

This report provides an in-depth analysis of the mineral wool market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023