New Zealand: Market for Silk Shawls And Scarves 2022

Market Size for Silk Shawls And Scarves in New Zealand

The New Zealand silk shawl and scarf market surged to $X in 2021, picking up by X% against the previous year. Over the period under review, consumption showed a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Silk Shawls And Scarves in New Zealand

In value terms, silk shawl and scarf production soared to $X in 2021 estimated in export price. Overall, production recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Silk shawl and scarf production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Silk Shawls And Scarves

Exports from New Zealand

In 2021, overseas shipments of silk shawls and scarves were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, silk shawl and scarf exports soared to $X in 2021. Overall, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X units), Australia (X units) and Singapore (X units) were the main destinations of silk shawl and scarf exports from New Zealand, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Singapore (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) emerged as the key foreign market for silk shawl and scarf exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

The average silk shawl and scarf export price stood at $X per unit in 2021, with an increase of X% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into New Zealand

In 2021, purchases abroad of silk shawls and scarves increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a pronounced shrinkage. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, silk shawl and scarf imports soared to $X in 2021. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X units) constituted the largest silk shawl and scarf supplier to New Zealand, with a X% share of total imports. Moreover, silk shawl and scarf imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and India (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of silk shawl and scarf to New Zealand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and India (+X% per year).

Import Prices by Country

In 2021, the average silk shawl and scarf import price amounted to $X per unit, approximately equating the previous year. Over the period under review, the import price, however, showed prominent growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then fell in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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