New Zealand: Market for Turbo, Rotary and Reciporating Displacement Compressors 2025

Market Size for Turbo, Rotary and Reciporating Displacement Compressors in New Zealand

The New Zealand market for turbo, rotary and reciporating displacement compressors skyrocketed to $X in 2022, growing by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Turbo, Rotary and Reciporating Displacement Compressors

Exports from New Zealand

In 2022, approx. X units of turbo, rotary and reciporating displacement compressors were exported from New Zealand; waning by -55.4% on the previous year. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 63%. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of turbo, rotary and reciporating displacement compressors skyrocketed to $X in 2022. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 70%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units), the Philippines (X units) and India (X units) were the main destinations of exports of turbo, rotary and reciporating displacement compressors from New Zealand, together comprising 37% of total exports. Cook Islands, the United States, Fiji, American Samoa, Samoa, Vanuatu, French Polynesia, Switzerland, New Caledonia and Germany lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by American Samoa (with a CAGR of +53.5%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the key foreign market for turbo, rotary and reciporating displacement compressors exports from New Zealand, comprising 56% of total exports. The second position in the ranking was taken by Fiji ($X), with an 18% share of total exports. It was followed by India, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia amounted to -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-0.6% per year) and India (-18.2% per year).

Export Prices by Country

The average export price for turbo, rotary and reciporating displacement compressors stood at $X per unit in 2022, growing by 170% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo, Rotary and Reciporating Displacement Compressors

Imports into New Zealand

In 2022, approx. X units of turbo, rotary and reciporating displacement compressors were imported into New Zealand; jumping by 41% against 2021. Overall, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2020 indices. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbo, rotary and reciporating displacement compressors surged to $X in 2022. Over the period under review, imports, however, saw a mild decline. The most prominent rate of growth was recorded in 2019 when imports increased by 26% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X units) constituted the largest turbo, rotary and reciporating displacement compressor supplier to New Zealand, accounting for a 36% share of total imports. Moreover, imports of turbo, rotary and reciporating displacement compressors from Australia exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Italy (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.4% per year) and Italy (+13.4% per year).

In value terms, China ($X) constituted the largest supplier of turbo, rotary and reciporating displacement compressors to New Zealand, comprising 28% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by the United States, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.1% per year) and the United States (+2.6% per year).

Import Prices by Country

The average import price for turbo, rotary and reciporating displacement compressors stood at $X per unit in 2022, reducing by -17.8% against the previous year. In general, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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