New Zealand: Festive Articles Market 2024

Festive Articles Market Size in New Zealand

In 2022, the New Zealand festive articles market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a resilient expansion. Festive articles consumption peaked in 2022 and is likely to see steady growth in years to come.

Festive Articles Exports

Exports from New Zealand

In 2022, the amount of festive or carnival articles exported from New Zealand fell notably to X tons, which is down by X% compared with 2021 figures. In general, exports, however, enjoyed measured growth. 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 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, festive articles exports shrank markedly to $X in 2022. Overall, exports saw a mild curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons), Fiji (X tons) and the United States (X tons) were the main destinations of festive articles exports from New Zealand, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Fiji ($X) and the United States ($X) constituted the largest markets for festive articles exported from New Zealand worldwide, with a combined X% share of total exports.

Among the main countries of destination, Fiji, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average festive articles export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the average price for exports to Thailand ($X per ton) and Iraq ($X 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 Thailand (X%), while the prices for the other major destinations experienced mixed trend patterns.

Festive Articles Imports

Imports into New Zealand

In 2022, purchases abroad of festive or carnival articles increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, festive articles imports soared to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of festive articles to New Zealand, accounting for a X% share of total imports. Moreover, festive articles imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the UK (X% per year).

In value terms, China ($X) constituted the largest supplier of festive or carnival articles to New Zealand, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

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

Import Prices by Country

The average festive articles import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($X per ton) and Australia ($X per ton), while the price for China ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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