New Zealand: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in New Zealand

The New Zealand gravimetric filling machine market surged to $X in 2022, picking up by 26% against the previous year. Over the period under review, consumption saw a prominent increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Gravimetric Filling Machine Production in New Zealand

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 289%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports from New Zealand

For the fifth consecutive year, New Zealand recorded growth in overseas shipments of automatic gravimetric filling machines, which increased by 196% to X units in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gravimetric filling machine exports skyrocketed to $X in 2022. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 1,099% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X units), the United Arab Emirates (X units) and Australia (X units) were the main destinations of gravimetric filling machine exports from New Zealand, together comprising 88% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +49.9%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for automatic gravimetric filling machines exports from New Zealand, comprising 87% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.4% share of total exports. It was followed by Australia, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +203.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+28.8% per year) and Australia (-9.7% per year).

Export Prices by Country

In 2022, the average gravimetric filling machine export price amounted to $X per unit, dropping by -11.9% against the previous year. In general, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2019 an increase of 619% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United Arab Emirates ($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 Japan (+136.9%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into New Zealand

In 2022, the amount of automatic gravimetric filling machines imported into New Zealand soared to X units, growing by 24% on the previous year. Overall, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of 227%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, gravimetric filling machine imports expanded markedly to $X in 2022. Over the period under review, imports saw modest growth. The growth pace was the most rapid in 2017 when imports increased by 220% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Denmark (X units), Japan (X units) and China (X units) were the main suppliers of gravimetric filling machine imports to New Zealand, together accounting for 71% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +39.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gravimetric filling machine suppliers to New Zealand were Denmark ($X), Japan ($X) and China ($X), together accounting for 79% of total imports.

Among the main suppliers, Denmark, with a CAGR of +113.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, dropping by -10.2% against the previous year. Over the period under review, the import price saw a mild descent. The growth pace was the most rapid in 2015 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 Spain ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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