New Zealand: Woolen Fabric Market 2025

Woolen Fabric Market Size in New Zealand

The New Zealand woolen fabric market expanded sharply to $X in 2021, growing by 7.3% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -21.3% against 2019 indices. Woolen fabric consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Woolen Fabric Production in New Zealand

In value terms, woolen fabric production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 32% against the previous year. Woolen fabric production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Woolen Fabric Exports

Exports from New Zealand

In 2021, overseas shipments of woven woolen fabrics increased by 109% to X square meters for the first time since 2012, thus ending a eight-year declining trend. Overall, exports, however, recorded a abrupt decrease. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, woolen fabric exports soared to $X in 2021. In general, exports, however, recorded a abrupt decline. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X square meters) was the main destination for woolen fabric exports from New Zealand, accounting for a 75% share of total exports. Moreover, woolen fabric exports to Australia exceeded the volume sent to the second major destination, the United States (X square meters), fivefold. The third position in this ranking was taken by the UK (X square meters), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia totaled -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.8% per year) and the UK (-3.8% per year).

In value terms, Australia ($X) remains the key foreign market for woven woolen fabrics exports from New Zealand, comprising 75% of total exports. The second position in the ranking was held by the United States ($X), with a 14% share of total exports. It was followed by the UK, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to Australia stood at -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-6.1% per year) and the UK (-4.5% per year).

Export Prices by Country

In 2021, the average woolen fabric export price amounted to $X per square meter, surging by 7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2015 an increase of 18%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per square meter), while the average price for exports to the United States ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+59.2%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Fabric Imports

Imports into New Zealand

Woolen fabric imports into New Zealand rose markedly to X square meters in 2021, picking up by 10% compared with the year before. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 12% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, woolen fabric imports skyrocketed to $X in 2021. In general, imports, however, recorded a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X square meters), the UK (X square meters) and Australia (X square meters) were the main suppliers of woolen fabric imports to New Zealand, together comprising 64% of total imports. These countries were followed by China, Hong Kong SAR, Japan, Lithuania and India, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +56.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest woolen fabric suppliers to New Zealand were the UK ($X), Italy ($X) and Australia ($X), with a combined 64% share of total imports. These countries were followed by China, Japan, Hong Kong SAR, Lithuania and India, which together accounted for a further 28%.

In terms of the main suppliers, Lithuania, with a CAGR of +42.3%, recorded 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

The average woolen fabric import price stood at $X per square meter in 2021, surging by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2015 an increase of 13% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for Hong Kong SAR ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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