New Zealand: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in New Zealand

The New Zealand metal advertising sign market totaled $X in 2020, approximately reflecting the previous year. Overall, the total consumption indicated a mild expansion from 2012 to 2020: its value increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by X% against 2018 indices. Metal advertising sign consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Metal Advertising Sign Production in New Zealand

In value terms, metal advertising sign production totaled $X in 2020 estimated in export price. Over the period under review, production continues to indicate mild growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Metal advertising sign production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from New Zealand

In 2020, overseas shipments of metal advertising signs decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

In value terms, metal advertising sign exports soared to $X in 2020. In general, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for metal advertising sign exports from New Zealand, with a X% share of total exports. Moreover, metal advertising sign exports to Australia exceeded the volume sent to the second major destination, Qatar (X tons), more than tenfold. Tonga (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Tonga (X% per year).

In value terms, Australia ($X) remains the key foreign market for metal advertising signs exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with a X% share of total exports. It was followed by Tonga, with a X% share.

From 2012 to 2020, the average annual growth rate of value to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Tonga (X% per year).

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, rising by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2020 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Tonga ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into New Zealand

In 2020, after two years of growth, there was significant decline in supplies from abroad of metal advertising signs, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, metal advertising sign imports contracted remarkably to $X in 2020. Overall, imports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports failed to regain momentum.

Imports by Country

China (X tons), Australia (X tons) and the United States (X tons) were the main suppliers of metal advertising sign imports to New Zealand, together accounting for X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X), Australia ($X) and the United States ($X) constituted the largest metal advertising sign suppliers to New Zealand, together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, 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

In 2020, the average metal advertising sign import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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