In 2023, the actual import value of porcelain or china tableware and kitchenware into New Zealand was $11.76 million. The forecast data from 2024 to 2028 indicate a consistent but modest annual growth in import values, reaching $11.811 million by 2028. The year-on-year growth remains steady at approximately 0.06%. The Compound Annual Growth Rate (CAGR) over this five-year period averages at 0.09% per year, suggesting a stable import trend.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable or locally-produced items.
- Potential impacts of international trade policies or tariffs.
- Changes in economic conditions affecting consumer purchasing power.