Report Update: May 1, 2024

New Zealand - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Hinge Price in New Zealand - 2023

Base Metal Hinge Price in New Zealand (CIF) - 2023

The average base metal hinge import price stood at $10,321 per ton in July 2023, shrinking by -5.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 22% month-to-month. The import price peaked at $13,268 per ton in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Australia ($33,204 per ton), while the price for China ($6,665 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Base Metal Hinge Price in New Zealand (FOB) - 2022

In 2022, the average base metal hinge export price amounted to $33,118 per ton, declining by -4% against the previous year. Overall, the export price showed a mild decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 25%. The export price peaked at $48,500 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($63,776 per ton), while the average price for exports to French Polynesia ($12,657 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hinge Imports in New Zealand

In 2022, base metal hinge imports into New Zealand dropped markedly to 1.5K tons, shrinking by -16.9% against the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 1.7K tons, and then shrank significantly in the following year.

In value terms, base metal hinge imports reduced to $16M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of $18M, and then fell in the following year.

Import of Base Metal Hinge in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.2	5.0	7.0	6.4	7.2%
Austria	2.4	1.1	3.5	2.9	6.5%
Germany	2.5	2.7	2.9	2.3	-2.7%
Australia	0.5	0.7	1.1	1.3	37.5%
Italy	0.4	0.3	0.8	0.7	20.5%
Taiwan (Chinese)	0.3	0.3	0.5	0.5	18.6%
Others	1.7	1.9	2.0	1.7	0.0%
Total	12.9	12.0	17.8	15.7	6.8%

Top Suppliers of Base Metal Hinge to New Zealand in 2022:

China (826.3 tons)
Austria (308.7 tons)
Germany (128.7 tons)
Australia (39.9 tons)
Taiwan (Chinese) (31.6 tons)
Italy (29.5 tons)

Base Metal Hinge Exports in New Zealand

In 2022, base metal hinge exports from New Zealand reduced rapidly to 33 tons, waning by -15.7% on the year before. Overall, exports recorded a mild downturn. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of 39 tons, and then shrank rapidly in the following year.

In value terms, base metal hinge exports reduced remarkably to $1.1M in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 43%.

Export of Base Metal Hinge in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	578	511	730	518	-3.6%
United States	209	81.4	179	192	-2.8%
Fiji	15.5	5.0	15.1	57.3	54.6%
Cook Islands	12.0	29.0	39.2	29.8	35.4%
French Polynesia	17.5	50.1	16.1	29.2	18.6%
Samoa	23.3	7.2	5.5	1.7	-58.2%
Others	533	249	346	249	-22.4%
Total	1,388	933	1,331	1,078	-8.1%

Top Export Markets for Base Metal Hinge from New Zealand in 2022:

Australia (20.6 tons)
United States (3.0 tons)
French Polynesia (2.3 tons)
Fiji (2.2 tons)
Cook Islands (1.8 tons)
Samoa (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal hinge 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 25721410 - Base metal hinges

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