This is a best prospect industry sector for this country. Includes a market overview and trade data.
Overview
New Zealand’s environmental health is supported by legislation to help improve its climate footprint. New Zealand’s target is for all greenhouse gases except for biogenic methane – methane from agriculture and waste – to reach net zero by 2050. New Zealanders are generally proud to be living in a “clean, green” country and helping to lead global climate change initiatives. The Sustainable Business Council has determined that local businesses are investing and prioritizing sustainability.
New Zealand’s environmental policy is influencing investment decisions particularly in New Zealand’s transport and energy sectors. Eco-friendly technologies are integral to the Government’s climate change policies.
Recognizing local government faces significant challenges for managing drinking water, stormwater and wastewater services, the New Zealand government is progressing with reforms so that the three waters services from July 2024 will be provided by four publicly-owned water service entities. Known as the Three Waters Reform program, the nationwide infrastructure investment is estimated to range between US$75 -US$100 billion.
The Three Waters Reform Program has four key outcomes:
- safe, reliable drinking water
- better environmental performance of wastewater and stormwater services
- efficient, sustainable, resilient and accountable multi-regional water and sewage services
- making it affordable for future generations
|
|
2019 |
2020 |
2021 |
2022 Estimated |
|---|---|---|---|---|
|
Total Local Production (Estimated) |
300 |
300 |
300 |
350 |
|
Total Exports |
235.3 |
211.4 |
293.6 |
300 |
|
Total Imports |
1838.3 |
1450.4 |
2236.5 |
2000 |
|
Total Imports from the US |
109.7 |
84.1 |
104.8 |
110 |
|
Total Market Size |
1838 |
1538.6 |
2242.9 |
2050 |
|
Exchange Rates |
1.45 |
1.42 |
1.41 |
1.55 |
Unit: USD Millions
Source: Source: Global Trade Atlas (GTA)
Leading Sub-Sectors
AUT: Electric Vehicles
ENG: Energy efficient/smart energy appliances and technologies
ENV: Wastewater technologies
Opportunities
Transport: the government has a goal that, where practicable, its vehicle fleet will be emission-free by 2025/26. This aligns with the government’s priority to become a net zero emissions economy by 2050.
New Zealand is well placed to benefit from electric vehicles because more than 80% of electricity is generated from renewable sources and there is enough supply for widespread adoption of EVs.
Water: New Zealand currently has 351 water treatment plants, 45,000 kilometers of water supply pipes and 240 wastewater treatment plants and the same length of waste and storm water pipeline. More than half of New Zealand’s wastewater treatment plants need to be reconsented over the next 10 years. These upgrades are expected to be significant and costly due to increased community and cultural expectations since treatment plants were first consented decades ago.
Resources
Trade Event: Water New Zealand hosts an annual conference and exhibit. The next Water New Zealand 2022 conference (http://www.waternzconference.org.nz/) takes place from October 18-20, 2022 in Christchurch.
New Zealand Government agencies active in this sector:
- Energy Efficiency and Conservation Authority
- Government Electronic Tenders System
- Ministry of Business, Information and Technology
- Ministry of the Environment
- Ministry of Health
- Ministry of Primary Industries
New Zealand private organizations active in this sector: