New Zealand: Uncoated Filter Paper Market 2024

Uncoated Filter Paper Market Size in New Zealand

The New Zealand uncoated filter paper market dropped to $X in 2022, falling by -8.7% against the previous year. Overall, consumption saw a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Uncoated Filter Paper Production in New Zealand

In value terms, uncoated filter paper production contracted to $X in 2022 estimated in export price. In general, production showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 23%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Uncoated Filter Paper Exports

Exports from New Zealand

In 2022, overseas shipments of uncoated filter paper and paperboard increased by 17% to X kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 492% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, uncoated filter paper exports surged to $X in 2022. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 559%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Tonga (X kg) was the main destination for uncoated filter paper exports from New Zealand, with a 64% share of total exports. Moreover, uncoated filter paper exports to Tonga exceeded the volume sent to the second major destination, Australia (X kg), threefold. Fiji (X kg) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Tonga stood at +58.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-40.4% per year) and Fiji (-1.6% per year).

In value terms, Fiji ($X), Tonga ($X) and Australia ($X) constituted the largest markets for uncoated filter paper exported from New Zealand worldwide, with a combined 97% share of total exports.

Tonga, with a CAGR of +64.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average uncoated filter paper export price amounted to $X per ton, with an increase of 50% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 229%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.

Uncoated Filter Paper Imports

Imports into New Zealand

In 2022, approx. X tons of uncoated filter paper and paperboard were imported into New Zealand; growing by 33% on the previous year. In general, imports recorded noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of 151% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, uncoated filter paper imports surged to $X in 2022. Over the period under review, imports showed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 88%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of uncoated filter paper to New Zealand, accounting for a 57% share of total imports. Moreover, uncoated filter paper imports from the United States exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. Australia (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.4% per year) and Australia (-4.9% per year).

In value terms, the United States ($X) constituted the largest supplier of uncoated filter paper and paperboard to New Zealand, comprising 57% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 16% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+8.3% per year) and the UK (+10.1% per year).

Import Prices by Country

In 2022, the average uncoated filter paper import price amounted to $X per ton, rising by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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