New Zealand: Wrapping Papers Market 2024

Wrapping Papers Market Size in New Zealand

The New Zealand wrapping papers market dropped rapidly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a pronounced curtailment. Wrapping papers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wrapping Papers Production in New Zealand

In value terms, wrapping papers production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a resilient expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Wrapping Papers Exports

Exports from New Zealand

In 2022, exports of wrapping paper, packaging paper and paperboard from New Zealand fell modestly to X tons, waning by X% compared with the year before. Over the period under review, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wrapping papers exports reduced to $X in 2022. In general, exports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for wrapping papers exports from New Zealand, with a X% share of total exports. Moreover, wrapping papers exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), sevenfold. The third position in this ranking was held by New Caledonia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and New Caledonia (X% per year).

In value terms, Australia ($X) remains the key foreign market for wrapping paper, packaging paper and paperboard exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports. It was followed by New Caledonia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and New Caledonia (X% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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 ($X per ton), while the average price for exports to India ($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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into New Zealand

Wrapping papers imports into New Zealand dropped remarkably to X tons in 2022, which is down by X% on the year before. Over the period under review, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, wrapping papers imports reduced rapidly to $X in 2022. Overall, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons), South Korea (X tons) and China (X tons) were the main suppliers of wrapping papers imports to New Zealand, with a combined X% share of total imports. Finland, the Czech Republic, India, Indonesia, Sweden and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), China ($X) and South Korea ($X) constituted the largest wrapping papers suppliers to New Zealand, with a combined X% share of total imports. The United States, the Czech Republic, India, Finland, Indonesia and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wrapping papers import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :