New Zealand: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in New Zealand

The New Zealand aluminium alloy tube market surged to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a temperate increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Alloy Tube Exports

Exports from New Zealand

In 2022, after two years of decline, there was significant growth in overseas shipments of aluminium alloy tubes and pipes, when their volume increased by X% to X tons. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium alloy tube exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for aluminium alloy tube exports from New Zealand, with a X% share of total exports. Moreover, aluminium alloy tube exports to Australia exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Fiji (X% per year).

In value terms, Australia ($X), the Netherlands ($X) and Fiji ($X) were the largest markets for aluminium alloy tube exported from New Zealand worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Fiji, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 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 Fiji ($X per ton), while the average price for exports to Australia ($X 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 Fiji (X%).

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Aluminium Alloy Tube Imports

Imports into New Zealand

In 2022, supplies from abroad of aluminium alloy tubes and pipes was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, aluminium alloy tube imports skyrocketed to $X in 2022. In general, imports posted tangible growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of aluminium alloy tube to New Zealand, with a X% share of total imports. Moreover, aluminium alloy tube imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Australia (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, 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: India (X% per year) and Australia (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy tubes and pipes to New Zealand, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, 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: India (X% per year) and Italy (X% per year).

Import Prices by Country

The average aluminium alloy tube import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium alloy tube import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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