Non-Ferrous Metal Product Manufacturing in New Zealand - Industry Research Report

Rusted away: Decreased demand from the construction sector has corroded industry performance

Revenue is expected to rise at an annualised 0.9% over the five years through 2021-22, to $498.6 million. Revenue performance reflects demand trends from key downstream industries. A slowdown in construction and manufacturing activity during the COVID-19 pandemic has limited growth in industry revenue. However, a depreciation in the New Zealand dollar has increased export competitiveness, offsetting falling domestic demand. Serval factors, including access to raw materials, have weighed on revenue growth over the period. Many of the raw materials the industry uses are imported, leaving operators susceptible to fluctuations in global metal prices and the value of the New Zealand dollar.

Operators manufacture a range of non-ferrous metal products, such as aluminium rods, plates and bars; copper tubes and wires; and zinc and magnesium castings.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.