In 2023, New Zealand's import value of statuettes and ornamental articles of porcelain or china stood at a significant level. However, from 2024 onwards, a steady decline is forecasted, with values dropping from USD 322.72 thousand in 2024 to USD 61.68 thousand by 2028. The year-on-year decrease accelerates notably, reflected through a substantial compounded annual growth rate (CAGR) over the five-year period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards other materials due to sustainability concerns.
- Influence of global economic conditions affecting import capacity and domestic demand.
- Currency exchange fluctuations impacting the cost and competitiveness of imports.