Price for Handkerchiefs (Not Knitted or Crocheted) in New Zealand - 2023

Price for Handkerchiefs (Not Knitted or Crocheted) in New Zealand (CIF) - 2022

The average import price for handkerchiefs (not knitted or crocheted)s stood at $0.9 per unit in 2022, increasing by 2.2% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, handkerchiefs (not knitted or crocheted) import price decreased by -17.0% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 20% against the previous year. Over the period under review, average import prices attained the peak figure at $1.1 per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 Italy ($2.5 per unit), while the price for Thailand ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Handkerchiefs (Not Knitted or Crocheted) in New Zealand (FOB) - 2022

The average export price for handkerchiefs (not knitted or crocheted)s stood at $3.6 per unit in 2022, surging by 8.4% against the previous year. Over the period under review, the export price showed measured growth. The growth pace was the most rapid in 2017 an increase of 53%. As a result, the export price reached the peak level of $8 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -3.0% per year.

Imports of Handkerchiefs (Not Knitted or Crocheted) in New Zealand

In 2022, handkerchiefs (not knitted or crocheted) imports into New Zealand surged to 503K units, picking up by 15% against the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) imports surged to $462K in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Handkerchiefs (Not Knitted or Crocheted) in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	279	271	278	298	2.2%
Italy	126	86.6	62.4	110	-4.4%
Czech Republic	9.1	14.5	8.0	19.8	29.6%
India	0.2	0.1	18.2	8.8	253.0%
Malaysia	3.5	4.8	8.3	6.9	25.4%
Others	19.8	17.2	17.2	18.1	-2.9%
Total	438	394	392	462	1.8%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to New Zealand in 2022:

China (389.3K units)
Italy (45.0K units)
Czech Republic (24.6K units)
India (12.3K units)
Malaysia (9.6K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in New Zealand

In 2022, approx. 27K units of handkerchiefs (not knitted or crocheted)s were exported from New Zealand; growing by 29% compared with the previous year. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) exports soared to $97K in 2022. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.