New Zealand: Compression Type Mould Market 2024

Compression Type Mould Market Size in New Zealand

The New Zealand compression type mould market shrank to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a strong expansion. Compression type mould consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Compression Type Mould Production in New Zealand

In value terms, compression type mould production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Compression type mould production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Compression Type Mould Exports

Exports from New Zealand

In 2022, overseas shipments of injection or compression type moulds for rubber or plastics were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, compression type mould exports soared to $X in 2022. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for compression type mould exports from New Zealand, with a X% share of total exports. Moreover, compression type mould exports to Australia exceeded the volume sent to the second major destination, Vietnam (X units), threefold. China (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Australia ($X) emerged as the key foreign market for injection or compression type moulds for rubber or plastics exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average compression type mould export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($X per unit) and the United States ($X per unit), while the average price for exports to Australia ($X per unit) and China ($X per unit) were amongst the lowest.

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

Compression Type Mould Imports

Imports into New Zealand

After two years of growth, supplies from abroad of injection or compression type moulds for rubber or plastics decreased by X% to X units in 2022. In general, imports continue to indicate a mild setback. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, compression type mould imports shrank to $X in 2022. Over the period under review, total imports indicated a buoyant expansion 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

China (X units), the United States (X units) and Malaysia (X units) were the main suppliers of compression type mould imports to New Zealand, together accounting for X% of total imports. South Korea, Austria, Belgium, Iceland and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest compression type mould suppliers to New Zealand were China ($X), the United States ($X) and Malaysia ($X), together comprising X% of total imports. South Korea, Austria, Belgium, Iceland and Australia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to 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 compression type mould import price amounted to $X per unit, flattening at the previous year. In general, import price indicated a strong expansion 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, compression type mould import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per unit) and Austria ($X per unit), while the price for China ($X per unit) and the United States ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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