New Zealand: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in New Zealand

For the fourth consecutive year, the New Zealand market for aluminium alloy plates, sheets and strip of thickness over X mm recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption saw a significant increase. Consumption of peaked in 2021 and is expected to retain growth in the near future.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from New Zealand

In 2021, overseas shipments of aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports saw pronounced growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021. Over the period under review, exports posted a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Australia (X tons), French Polynesia (X tons) and Fiji (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from New Zealand, with a combined X% share of total exports. These countries were followed by Cook Islands, Tonga, New Caledonia, American Samoa and Samoa, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by American Samoa (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), French Polynesia ($X) and Fiji ($X) were the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from New Zealand worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, French Polynesia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the export price, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably country of destination: the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Tonga ($X per ton) was amongst the lowest.

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

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into New Zealand

For the fourth year in a row, New Zealand recorded growth in supplies from abroad of aluminium alloy plates, sheets and strip of thickness over X mm, which increased by X% to X tons in 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm surged to $X in 2021. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to New Zealand, accounting for a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and South Korea (+X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to New Zealand, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The average import price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Greece ($X per ton) and Australia ($X per ton), while the price for Thailand ($X per ton) and China ($X per ton) were amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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