New Zealand: Cosmetics Market 2022

Cosmetics Market Size in New Zealand

In 2021, the New Zealand cosmetics market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Cosmetics Exports

Exports from New Zealand

In 2021, exports of cosmetics from New Zealand reduced to X tons, dropping by -X% on 2020 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cosmetics exports expanded sharply to $X in 2021. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X tons), China (X tons) and the United States (X tons) were the main destinations of cosmetics exports from New Zealand.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), China ($X) and the United States ($X) appeared to be the largest markets for cosmetics exported from New Zealand worldwide.

Among the main countries of destination, China, 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 2021, the average cosmetics export price amounted to $X per ton, growing by X% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably for the major export markets. In 2021, the highest price was recorded for prices to the United States ($X per ton) and Japan ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) and Singapore ($X per ton) were amongst the lowest.

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

Cosmetics Imports

Imports into New Zealand

In 2021, approx. X tons of cosmetics were imported into New Zealand; with an increase of X% on the year before. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cosmetics imports rose slightly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Australia (X tons) were the main suppliers of cosmetics imports to New Zealand, together comprising X% of total imports. These countries were followed by France, Poland, Germany, India, Thailand, South Korea, Japan, the UK, Canada and Italy, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cosmetics suppliers to New Zealand were the United States ($X), Australia ($X) and France ($X), with a combined X% share of total imports. China, Thailand, South Korea, Japan, Italy, Germany, Canada, the UK, Poland and India lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the average cosmetics import price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton 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 ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, 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