New Zealand: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in New Zealand

In 2022, the New Zealand textile wall covering market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a perceptible decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Textile Wall Covering Production in New Zealand

In value terms, textile wall covering production dropped modestly to $X in 2022 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Textile Wall Covering Exports

Exports from New Zealand

In 2022, shipments abroad of textile wall coverings decreased by X% to X square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile wall covering exports fell sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Australia (X square meters) was the main destination for textile wall covering exports from New Zealand, with a X% share of total exports. Moreover, textile wall covering exports to Australia exceeded the volume sent to the second major destination, the United States (X square meters), ninefold. The UK (X square meters) ranked third in terms of total exports with a X% share.

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

In value terms, Australia ($X) remains the key foreign market for textile wall coverings exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

Export Prices by Country

The average textile wall covering export price stood at $X per square meter in 2022, therefore, remained relatively stable against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($X per square meter) and Australia ($X per square meter), while the average price for exports to the UK ($X per square meter) and the United States ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Wall Covering Imports

Imports into New Zealand

In 2022, approx. X square meters of textile wall coverings were imported into New Zealand; dropping by X% against the year before. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X square meters in 2021, and then contracted notably in the following year.

In value terms, textile wall covering imports shrank sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell markedly in the following year.

Imports by Country

Taiwan (Chinese) (X square meters), Italy (X square meters) and Belgium (X square meters) were the main suppliers of textile wall covering imports to New Zealand, with a combined X% share of total imports. The United States, France, China, the UK, Mexico and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wall covering suppliers to New Zealand were Taiwan (Chinese) ($X), Italy ($X) and Belgium ($X), with a combined X% share of total imports. The United States, France, China, the UK, Mexico and Australia lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average textile wall covering import price stood at $X per square meter in 2022, increasing by X% against the previous year. Overall, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :