New Zealand: Women Knitwear Market 2025

Women Knitwear Market Size in New Zealand

The New Zealand women knitwear market reduced slightly to $X in 2022, waning by -1.8% against the previous year. In general, consumption, however, saw a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then contracted slightly in the following year.

Women Knitwear Production in New Zealand

In value terms, women knitwear production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded significant growth. The pace of growth was the most pronounced in 2018 with an increase of 576% against the previous year. Women knitwear production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Women Knitwear Exports

Exports from New Zealand

In 2022, shipments abroad of women's or girls' clothing (knitted or crocheted) increased by 76% to X units, rising for the second year in a row after two years of decline. In general, exports saw a mild expansion. The most prominent rate of growth was recorded in 2018 with an increase of 136% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, women knitwear exports soared to $X in 2022. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 211%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units) was the main destination for women knitwear exports from New Zealand, with a 92% share of total exports. It was followed by the United States (X units), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at +2.4%.

In value terms, Australia ($X) remains the key foreign market for women's or girls' clothing (knitted or crocheted) exports from New Zealand, comprising 92% of total exports. The second position in the ranking was taken by the United States ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at +5.8%.

Export Prices by Country

In 2022, the average women knitwear export price amounted to $X per unit, dropping by -3.6% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, women knitwear export price decreased by -15.9% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 60%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.6%).

Women Knitwear Imports

Imports into New Zealand

Women knitwear imports into New Zealand reduced to X units in 2022, with a decrease of -6.7% on the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, women knitwear imports totaled $X in 2022. The total import value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 42%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest women knitwear supplier to New Zealand, with a 62% share of total imports. Moreover, women knitwear imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), fourfold. The third position in this ranking was taken by India (X units), with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+12.0% per year) and India (+11.3% per year).

In value terms, China ($X) constituted the largest supplier of women's or girls' clothing (knitted or crocheted) to New Zealand, comprising 65% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 9.5% share of total imports. It was followed by Vietnam, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+16.2% per year) and Vietnam (+14.0% per year).

Import Prices by Country

The average women knitwear import price stood at $X per unit in 2022, growing by 8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 14% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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