Report Update: May 1, 2024

New Zealand - Babies’ Garments And Clothing Accessories (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights

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Baby Garment Price in New Zealand - 2023

Baby Garment Price in New Zealand (CIF) - 2023

The average baby garment import price stood at $3.4 per unit in July 2023, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 75% month-to-month. As a result, import price attained the peak level of $5.6 per unit. From January 2023 to July 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Cambodia ($3.5 per unit) and China ($3.5 per unit), while the price for the UK ($3.3 per unit) and Thailand ($3.3 per unit) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Baby Garment Price in New Zealand (FOB) - 2023

In July 2023, the average baby garment export price amounted to $3.6 per unit, which is down by -7.3% against the previous month. Over the period under review, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 289% month-to-month. As a result, the export price reached the peak level of $17.9 per unit. From September 2022 to July 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Singapore ($4.1 per unit) and the United States ($3.6 per unit), while the average price for exports to Denmark ($3.4 per unit) and Canada ($3.5 per unit) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Baby Garment Imports in New Zealand

In 2022, the amount of babies garments and clothing accessories (knitted or crocheted) imported into New Zealand fell markedly to 7.7M units, which is down by -19.4% on 2021. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 9.5M units, and then contracted markedly in the following year.

In value terms, baby garment imports reduced to $30M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $34M, and then shrank in the following year.

Import of Baby Garment in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.3	17.6	22.6	20.8	2.5%
India	3.1	3.5	6.0	4.0	8.9%
Bangladesh	2.1	1.8	2.9	2.6	7.4%
Thailand	0.2	1.0	1.4	1.0	71.0%
Others	0.8	0.8	1.0	1.2	14.5%
Total	25.5	24.8	34.0	29.6	5.1%

Top Suppliers of Baby Garment to New Zealand in 2022:

China (5.2M units)
India (1.2M units)
Bangladesh (0.7M units)
Thailand (0.3M units)

Baby Garment Exports in New Zealand

For the fourth consecutive year, New Zealand recorded growth in overseas shipments of babies garments and clothing accessories (knitted or crocheted), which increased by 30% to 683K units in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, baby garment exports soared to $2.5M in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Baby Garment in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	850	743	756	1,501	20.9%
United States	306	201	248	253	-6.1%
Canada	14.0	53.0	184	208	145.8%
Taiwan (Chinese)	11.4	10.7	145	148	135.0%
Singapore	N/A	12.6	36.6	69.4	134.7%
Hong Kong SAR	16.7	29.7	49.3	64.8	57.1%
Japan	33.5	63.1	92.1	53.2	16.7%
Iceland	39.9	22.8	54.0	16.7	-25.2%
United Kingdom	21.8	11.9	84.5	4.7	-40.0%
Others	84.3	108	175	221	37.9%
Total	1,377	1,256	1,824	2,540	22.6%

Top Export Markets for Baby Garment from New Zealand in 2022:

Australia (407.2K units)
United States (67.7K units)
Canada (50.2K units)
Taiwan (Chinese) (40.3K units)
Singapore (18.3K units)
Hong Kong SAR (17.0K units)
Japan (14.4K units)
Iceland (4.9K units)
United Kingdom (1.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the baby garment market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14191100 - Babies

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023