New Zealand: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in New Zealand

In 2022, the New Zealand wooden furniture treatments market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption, however, continues to indicate a deep setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wooden Furniture Treatments Exports

Exports from New Zealand

In 2022, overseas shipments of polishes and creams for wooden furniture and floors decreased by X% to X tons, falling for the third year in a row after eight years of growth. Overall, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wooden furniture treatments exports fell significantly to $X in 2022. Over the period under review, exports, however, showed a measured increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Fiji (X tons) and Cook Islands (X kg) were the main destinations of wooden furniture treatments exports from New Zealand, with a combined X% share of total exports. Niue, Australia and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Niue (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden furniture treatments exported from New Zealand were the United States ($X), Fiji ($X) and Cook Islands ($X), with a combined X% share of total exports. Niue, Australia and Spain lagged somewhat behind, together comprising a further X%.

Niue, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden furniture treatments export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the average price for exports to Spain ($X per ton) and Niue ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Wooden Furniture Treatments Imports

Imports into New Zealand

Wooden furniture treatments imports into New Zealand expanded rapidly to X tons in 2022, with an increase of X% compared with 2021 figures. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden furniture treatments imports declined slightly to $X in 2022. In general, imports, however, continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

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

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

In value terms, China ($X) constituted the largest supplier of polishes and creams for wooden furniture and floors to New Zealand, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

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

Import Prices by Country

In 2022, the average wooden furniture treatments import price amounted to $X per ton, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 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, and then reduced in the following year.

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

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

Source: IndexBox Platform

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