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. source: Statistics New Zealand

Industrial Production in New Zealand averaged 1.31 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 December of 2020.

Industrial Production in New Zealand is expected to be -6.00 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 8.30 in 12 months time. In the long-term, the New Zealand Manufacturing Sales is projected to trend around 2.50 percent in 2021 and 3.40 percent in 2022, according to our econometric models.

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New Zealand Manufacturing Sales

Actual Previous Highest Lowest Dates Unit Frequency
-12.10 -1.90 17.60 -12.10 1995 - 2020 percent Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-08 09:45 PM Q3 0.2% -0.4% -1%
2020-03-09 09:45 PM Q4 1.5% 0.2% 1%
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 -12.1% -6%
2021-03-09 09:45 PM Q4
2021-06-09 10:45 PM Q1
2021-09-08 10:45 PM Q2


News Stream
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 Rise 1.5% in Q4
Manufacturing sales in New Zealand increased 1.5 percent year-on-year during the last quarter of 2019, after rising 0.2 percent in the previous period, boosted by sales of meat & diary products (5.2 percent vs 0.6 percent in Q3); chemical, polymer, and rubber (0.1 percent vs -2.1 percent); non-metallic mineral (0.7 percent vs -1.9 percent); and transport equipment, machinery and equipment (3.6 percent vs 1.2 percent). On a seasonally adjusted quarterly basis, total manufacturing sales went up 2.7 percent, after a flat reading in the prior period.
2020-03-09
New Zealand Manufacturing Sales Rebound in Q3
Manufacturing sales in New Zealand rose 0.2 percent year-on-year during the third quarter of 2019, after falling 0.4 percent in the previous three-month period, boosted by sales of wood and paper products (1.0 percent vs -0.2 percent), transport equipment, machinery and equipment (1.3 percent vs -6.6 percent), and metals (5.0 percent vs 1.9 percent). By contrast, petroleum and coal products sales plunged 9.9 percent, the fourth straight quarter of decline, and chemical, polymer, and rubber products sales dropped 2.1 percent, compared to 4.7 percent growth in the previous period. On a seasonally adjusted basis, total manufacturing sales fell 0.3 percent, following a 2.7 percent decrease in the previous period.
2019-12-08

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.