New Zealand: Market for Float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) 2024

Market Size for Float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) in New Zealand

In 2022, the New Zealand market for float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, enjoyed a prominent increase. Consumption of peaked at $X in 2021, and then declined in the following year.

Exports of Float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass)

Exports from New Zealand

In 2022, approx. X square meters of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) were exported from New Zealand; declining by X% against the previous year's figure. In general, exports, however, saw tangible growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X square meters. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) surged to $X in 2022. Overall, exports recorded a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Norfolk Island (X square meters) was the main destination for exports of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) from New Zealand, accounting for a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) to Norfolk Island exceeded the volume sent to the second major destination, Tonga (X square meters), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norfolk Island stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tonga (X% per year) and Australia (X% per year).

In value terms, Tonga ($X) emerged as the key foreign market for float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Tonga stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Norfolk Island (X% per year).

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) amounted to $X per square meter, increasing by X% against the previous year. Overall, the export price, however, saw a pronounced descent. The export price peaked at $X per square meter in 2012; however, from 2013 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 Australia ($X per square meter), while the average price for exports to Norfolk Island ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass)

Imports into New Zealand

In 2022, supplies from abroad of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) decreased by X% to X square meters, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) fell to $X in 2022. In general, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

The United Arab Emirates (X square meters), Saudi Arabia (X square meters) and Malaysia (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) to New Zealand, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) suppliers to New Zealand were the United Arab Emirates ($X), Saudi Arabia ($X) and Indonesia ($X), together comprising X% of total imports. Malaysia, Poland, India, China, Belgium, Germany and Australia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Malaysia, with a CAGR of X%, saw 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 2022, the average import price for float glass and surface ground or polished glass, in sheets, having an absorbent, reflecting or non-reflecting layer, but not otherwise worked (excluding wired glass) amounted to $X per square meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per square meter), while the price for Malaysia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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