Price for Cutlery; Other than Plated with Precious Metal in New Zealand - 2024
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in New Zealand (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in New Zealand (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in New Zealand
- Exports of Cutlery; Other than Plated with Precious Metal in New Zealand
Price for Cutlery; Other than Plated with Precious Metal in New Zealand (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $12,294 per ton in 2022, with an increase of 13% against the previous year. In general, the import price, however, saw a slight contraction. The import price peaked at $14,097 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($12,294 per ton) and China ($12,294 per ton), while the price for France ($12,293 per ton) and Australia ($12,293 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in New Zealand (FOB) - 2022
In 2022, the average export price for cutlery; other than plated with precious metals amounted to $16,390 per ton, jumping by 30% against the previous year. Overall, the export price saw a pronounced increase. The growth pace was the most rapid in 2014 when the average export price increased by 159% against the previous year. The export price peaked at $49,290 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Africa ($16,424 per ton) and Iceland ($16,418 per ton), while the average price for exports to Fiji ($16,344 per ton) and Norfolk Island ($16,373 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cutlery; Other than Plated with Precious Metal in New Zealand
In 2022, the amount of cutlery; other than plated with precious metals imported into New Zealand declined notably to 295 tons, shrinking by -32% compared with the previous year. Over the period under review, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of 434 tons, and then contracted significantly in the following year.
In value terms, imports of cutlery; other than plated with precious metals reduced remarkably to $3.6M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of $4.7M, and then declined remarkably in the following year.
| Import of Cutlery; Other than Plated with Precious Metal in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,562 | 2,390 | 3,486 | 2,581 | 0.2% |
| India | 307 | 274 | 389 | 436 | 12.4% |
| Vietnam | 178 | 95.4 | 159 | 134 | -9.0% |
| Australia | 76.2 | 135 | 151 | 96.6 | 8.2% |
| France | 74.9 | 78.8 | 105 | 76.4 | 0.7% |
| Others | 342 | 219 | 417 | 303 | -4.0% |
| Total | 3,540 | 3,192 | 4,707 | 3,627 | 0.8% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to New Zealand in 2022:
- China (209.9 tons)
- India (35.5 tons)
- Vietnam (10.9 tons)
- Australia (7.9 tons)
- France (6.2 tons)
Exports of Cutlery; Other than Plated with Precious Metal in New Zealand
After three years of growth, shipments abroad of cutlery; other than plated with precious metals decreased by -31.7% to 6.3 tons in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 42%.
In value terms, exports of cutlery; other than plated with precious metals reduced to $102K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $119K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cutlery; Other than Plated with Precious Metal in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 35.0 | 38.7 | 40.1 | 32.6 | -2.3% |
| United States | 6.5 | 12.6 | 2.0 | 16.5 | 36.4% |
| French Polynesia | 2.2 | 1.4 | 5.7 | 12.7 | 79.4% |
| Norfolk Island | 1.6 | 0.1 | N/A | 9.0 | 77.8% |
| Cook Islands | 10.1 | 5.7 | 2.6 | 5.9 | -16.4% |
| Tonga | 0.1 | 0.2 | 0.7 | 4.9 | 265.9% |
| United Kingdom | 0.3 | 0.1 | 6.1 | 4.2 | 141.0% |
| Iceland | N/A | N/A | 4.6 | 4.1 | -10.9% |
| Switzerland | N/A | N/A | N/A | 4.1 | 0% |
| Fiji | 32.6 | 10.3 | 12.1 | 2.7 | -56.4% |
| South Africa | N/A | N/A | N/A | 2.3 | 0% |
| Samoa | 13.5 | 9.7 | 1.1 | 0.2 | -75.4% |
| Others | 3.2 | 40.5 | 40.1 | 3.3 | 1.0% |
| Total | 105 | 119 | 115 | 102 | -1.0% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from New Zealand in 2022:
- Australia (1988.0 kg)
- United States (1004.0 kg)
- French Polynesia (776.0 kg)
- Norfolk Island (547.0 kg)
- Cook Islands (361.0 kg)
- Tonga (300.0 kg)
- United Kingdom (254.0 kg)
- Iceland (251.0 kg)
- Switzerland (251.0 kg)
- Fiji (163.0 kg)
- South Africa (139.0 kg)
- Samoa (15.0 kg)
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