New Zealand: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in New Zealand

The New Zealand non-reinforced rubber tubing market declined to $X in 2023, shrinking by X% against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Non-reinforced rubber tubing consumption peaked at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.

Non-Reinforced Rubber Tubing Production in New Zealand

In value terms, non-reinforced rubber tubing production reduced slightly to $X in 2023 estimated in export price. In general, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Non-Reinforced Rubber Tubing Exports

Exports from New Zealand

In 2023, shipments abroad of rubber tubing not reinforced decreased by X% to X tons, falling for the third consecutive year after five years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, non-reinforced rubber tubing exports dropped markedly to $X in 2023. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Australia (X tons) and Denmark (X tons) were the main destinations of non-reinforced rubber tubing exports from New Zealand, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Australia ($X) and Denmark ($X) appeared to be the largest markets for non-reinforced rubber tubing exported from New Zealand worldwide, together comprising X% of total exports.

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

Export Prices by Country

In 2023, the average non-reinforced rubber tubing export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and the United States ($X per ton), while the average price for exports to the UK ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Reinforced Rubber Tubing Imports

Imports into New Zealand

In 2023, supplies from abroad of rubber tubing not reinforced decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, non-reinforced rubber tubing imports fell significantly to $X in 2023. In general, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Sweden (X tons) were the main suppliers of non-reinforced rubber tubing imports to New Zealand, with a combined X% share of total imports. Malaysia, Australia, Thailand, Germany, Japan, Italy, the UK, the United Arab Emirates and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-reinforced rubber tubing suppliers to New Zealand were the United States ($X), China ($X) and Sweden ($X), with a combined X% share of total imports. Malaysia, Australia, Thailand, Germany, Japan, Italy, the UK, the United Arab Emirates and Spain lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average non-reinforced rubber tubing import price amounted to $X per ton, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Thailand ($X per ton) and Malaysia ($X per ton), while the price for Germany ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform