New Zealand: Drawing Board Market 2024

Drawing Board Market Size in New Zealand

The New Zealand drawing board market shrank to $X in 2022, reducing by -14.1% 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). Over the period under review, consumption continues to indicate a perceptible curtailment. Drawing board consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Drawing Board Exports

Exports from New Zealand

In 2022, shipments abroad of slates and boards with writing or drawing surfaces increased by 24% to X units, rising for the third consecutive year after two years of decline. Overall, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 66%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, drawing board exports soared to $X in 2022. In general, total exports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.1% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 62%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for drawing board exports from New Zealand, with a 73% share of total exports. Moreover, drawing board exports to Australia exceeded the volume sent to the second major destination, Samoa (X units), more than tenfold. The third position in this ranking was held by Tonga (X units), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (-3.6% per year) and Tonga (+13.6% per year).

In value terms, Australia ($X) remains the key foreign market for slates and boards with writing or drawing surfaces exports from New Zealand, comprising 73% of total exports. The second position in the ranking was taken by Samoa ($X), with a 6.8% share of total exports. It was followed by Tonga, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (-1.7% per year) and Tonga (+7.0% per year).

Export Prices by Country

The average drawing board export price stood at $X per unit in 2022, picking up by 6.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 16%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per unit) and Tonga ($X per unit), while the average price for exports to Solomon Islands ($X per unit) and Vanuatu ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to American Samoa (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Board Imports

Imports into New Zealand

In 2022, imports of slates and boards with writing or drawing surfaces into New Zealand reduced to X units, declining by -12.6% on the previous year. In general, imports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2016 when imports increased by 20% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, drawing board imports declined to $X in 2022. Over the period under review, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of drawing board to New Zealand, with a 91% share of total imports. It was followed by Australia (X units), with a 2% share of total imports. The UK (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-16.9% per year) and the UK (+9.3% per year).

In value terms, China ($X) constituted the largest supplier of slates and boards with writing or drawing surfaces to New Zealand, comprising 91% of total imports. The second position in the ranking was taken by Australia ($X), with a 2% share of total imports. It was followed by the UK, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-21.0% per year) and the UK (+0.1% per year).

Import Prices by Country

The average drawing board import price stood at $X per unit in 2022, picking up by 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2015 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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