New Zealand: Surgical Glove Market 2024

Surgical Glove Exports

Exports from New Zealand

In 2022, after two years of growth, there was significant decline in shipments abroad of surgical gloves, when their volume decreased by -9.2% to X tons. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 175% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, surgical glove exports fell sharply to $X in 2022. Overall, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by 205%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Fiji (X tons) was the main destination for surgical glove exports from New Zealand, accounting for a 53% share of total exports. Moreover, surgical glove exports to Fiji exceeded the volume sent to the second major destination, Samoa (X tons), threefold. Cook Islands (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Fiji amounted to +29.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+60.1% per year) and Cook Islands (+0.6% per year).

In value terms, Fiji ($X) remains the key foreign market for surgical gloves exports from New Zealand, comprising 54% of total exports. The second position in the ranking was held by Samoa ($X), with a 17% share of total exports. It was followed by Cook Islands, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Fiji stood at +38.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+56.3% per year) and Cook Islands (+5.8% per year).

Export Prices by Country

In 2022, the average surgical glove export price amounted to $X per ton, declining by -11.7% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, surgical glove export price increased by +57.9% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 35% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tonga ($X per ton) and Fiji ($X per ton), while the average price for exports to Australia ($X per ton) and Niue ($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 Fiji (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into New Zealand

In 2022, overseas purchases of surgical gloves increased by 2.2% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 20% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, surgical glove imports dropped dramatically to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 50%. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest supplier of surgical glove to New Zealand, with a 74% share of total imports. Moreover, surgical glove imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Thailand (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia totaled -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.1% per year) and Thailand (-12.4% per year).

In value terms, Malaysia ($X) constituted the largest supplier of surgical gloves to New Zealand, comprising 77% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Thailand, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.8% per year) and Thailand (-11.3% per year).

Import Prices by Country

The average surgical glove import price stood at $X per ton in 2022, falling by -18.6% against the previous year. In general, the import price, however, saw measured growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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