Manufacturing sales in New Zealand grew 2.0 percent year-on-year during the fourth quarter of 2020, slowing down from a 3.1 percent jump in the previous period. Excluding meat and dairy, sales advanced 2.2 percent. Sales of beverage & tobacco lost steam, rising 7.2 percent after a 13.1 percent jump, whereas wood & paper product manufacturing rose 8.7 percent after a 3.3 percent increase. Meanwhile, sales of transport equipment, machinery & equipment fell 0.8 percent after a 5.2 percent drop. On a seasonally adjusted basis, total manufacturing sales volumes rose to NZD 26.8 billion, up 0.5 percent (or NZD 142 million) from the September 2020 quarter. source: Statistics New Zealand

Industrial Production in New Zealand averaged 1.33 percent from 1995 until 2020, reaching an all time high of 17.60 percent in the second quarter of 1995 and a record low of -12.10 percent in the second quarter of 2020. This page provides - New Zealand Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Manufacturing Sales - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Industrial Production in New Zealand is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in New Zealand to stand at 5.50 in 12 months time. In the long-term, the New Zealand Manufacturing Sales is projected to trend around 2.50 percent in 2022 and 3.40 percent in 2023, according to our econometric models.

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New Zealand Manufacturing Sales

Actual Previous Highest Lowest Dates Unit Frequency
2.00 3.10 17.60 -12.10 1995 - 2020 percent Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-09 10:45 PM Q1 -1.9% 1.5% 0.6%
2020-09-08 10:45 PM Q2 -12.1% -0.4% -12%
2020-12-08 09:45 PM Q3 3.1% -12.1% -6%
2021-03-08 09:45 PM Q4 2.0% 3.1% 2.5%
2021-06-08 10:45 PM Q1 2.0%
2021-09-08 10:45 PM Q2
2021-12-08 09:45 PM Q3
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News Stream
New Zealand Manufacturing Sales Lose Steam
Manufacturing sales in New Zealand grew 2.0 percent year-on-year during the fourth quarter of 2020, slowing down from a 3.1 percent jump in the previous period. Excluding meat and dairy, sales advanced 2.2 percent. Sales of beverage & tobacco lost steam, rising 7.2 percent after a 13.1 percent jump, whereas wood & paper product manufacturing rose 8.7 percent after a 3.3 percent increase. Meanwhile, sales of transport equipment, machinery & equipment fell 0.8 percent after a 5.2 percent drop. On a seasonally adjusted basis, total manufacturing sales volumes rose to NZD 26.8 billion, up 0.5 percent (or NZD 142 million) from the September 2020 quarter.
2021-03-08
New Zealand Manufacturing Sales Rebound in Q3
Manufacturing sales in New Zealand rebounded 3.1 percent year-on-year during the third quarter of 2020, after plunging 12.1 percent in the previous period. Eight of the 13 industries booked higher sales volumes, mainly driven by: meat and dairy (up 7.7 percent), transport equipment, machinery & equipment (down 5.2 percent), and oil & coal product (up 6.2 percent). On a seasonally adjusted quarterly basis, manufacturing sales rebounded 3.7 percent, following an 11.9 percent decline in the prior period.
2020-12-08
New Zealand Manufacturing Sales Drop the Most on Record in Q2
Manufacturing sales in New Zealand plunged 12.1 percent year-on-year during the second quarter of 2020, after declining 1.9 percent in the previous period. It was the biggest fall on record, amid lockdown restrictions due to the coronavirus pandemic. Petroleum & coal products fell the most, plunging 33.5 percent, dragged by lower fuel demand, followed by metal products (-22.1 percent) amid a drop in international prices and weak demand for aluminum and steel. Also, sales of transport equipment, machinery and equipment manufacturing slumped 13.6 percent. On a seasonally adjusted quarterly basis, manufacturing sales tumbled 12.2 percent, following a 1.8 percent decline in the prior period.
2020-09-08
New Zealand Manufacturing Sales Tumble in Q1
Manufacturing sales in New Zealand decreased 1.9 percent year-on-year during the first quarter of 2020, after rising 1.5 percent in the previous period. Sales were mainly dragged by meat & dairy products (-5.6 percent vs 5 percent in Q4), petroleum & coal products (-2.6 percent vs -3.3 percent), non-metallic mineral manufacturing (-3 percent vs 0.7 percent), seafood processing (-7.9 percent vs -2.5 percent), and textiles (-15.1 percent vs -4.3 percent). In contrast, sales of transport equipment increased 1.3 percent (vs 3.6 percent in Q4) and sales of chemicals grew 3.3 percent (vs 0.1 percent). On a seasonally adjusted quarterly basis, total manufacturing sales went down 1.7 percent following a 2.8 percent increase.
2020-06-09

New Zealand Manufacturing Sales
In New Zealand, manufacturing sales refer to the year-on-year change in the volume of sales in the manufacturing sector of the economy. The survey includes 13 industries: meat and dairy product; seafood processing; fruit, oil, cereal, and other food; beverages and tobacco; textile, leather, clothing, and footwear; wood and paper products; printing; petroleum and coal product; chemical, polymer, and rubber products; non-metallic mineral products; metal products; transport equipment, machinery, and equipment; and furniture.