Forecast: Import of Statuettes and Ornamental Articles of Porcelain or China to New Zealand

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.

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