New Zealand: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in New Zealand

In 2022, the New Zealand industrial roundwood market was finally on the rise to reach $X after five years of decline. In general, consumption continues to indicate a prominent increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Industrial Roundwood Production in New Zealand

In value terms, industrial roundwood production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

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Industrial Roundwood Exports

Exports from New Zealand

Industrial roundwood exports from New Zealand dropped rapidly to X cubic meters in 2022, which is down by X% against 2021. In general, exports, however, showed mild growth. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood exports dropped significantly to $X in 2022. Overall, total exports indicated a remarkable increase from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

China (X cubic meters) was the main destination for industrial roundwood exports from New Zealand, with a X% share of total exports. Moreover, industrial roundwood exports to China exceeded the volume sent to the second major destination, South Korea (X cubic meters), tenfold.

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

In value terms, China ($X) remains the key foreign market for industrial roundwood exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

The average industrial roundwood export price stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Overall, export price indicated a perceptible 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, industrial roundwood export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to China ($X per cubic meter) was amongst the lowest.

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

Industrial Roundwood Imports

Imports into New Zealand

In 2022, after three years of decline, there was significant growth in supplies from abroad of industrial roundwood, when their volume increased by X% to X cubic meters. Over the period under review, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial roundwood imports expanded notably to $X in 2022. Overall, imports, however, saw a precipitous contraction. 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 reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X cubic meters) constituted the largest industrial roundwood supplier to New Zealand, accounting for a X% share of total imports. Moreover, industrial roundwood imports from Australia exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), ninefold. The third position in this ranking was held by Hungary (X cubic meters), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Hungary (X% per year).

In value terms, Australia ($X) constituted the largest supplier of industrial roundwood to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Hungary (X% per year).

Import Prices by Country

The average industrial roundwood import price stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood 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 Germany ($X per cubic meter), while the price for Australia ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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