New Zealand: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in New Zealand

In 2021, after two years of decline, there was growth in the New Zealand ballast for discharge lamp market, when its value increased by 4.1% to $X. Overall, consumption, however, continues to indicate a deep slump. Ballast for discharge lamp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Ballasts For Discharge Lamps Or Tubes in New Zealand

In value terms, ballast for discharge lamp production rose remarkably to $X in 2021 estimated in export price. In general, production, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by 19%. Ballast for discharge lamp production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from New Zealand

Ballast for discharge lamp exports from New Zealand surged to X units in 2021, picking up by 23% compared with the previous year. Overall, exports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 449%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports surged to $X in 2021. Over the period under review, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 443%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for ballast for discharge lamp exports from New Zealand, with a 95% share of total exports. It was followed by Samoa (X units), with a 2.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at -21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (-0.4% per year) and China (-46.3% per year).

In value terms, Australia ($X) remains the key foreign market for ballast for discharge lamp exports from New Zealand, comprising 95% of total exports. The second position in the ranking was taken by Samoa ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia amounted to -16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+11.0% per year) and China (-42.8% per year).

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2021, surging by 43% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ballast for discharge lamp export price increased by +65.0% against 2018 indices. The growth pace was the most rapid in 2015 when the average export price increased by 45% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into New Zealand

In 2021, approx. X units of ballasts for discharge lamps or tubes were imported into New Zealand; waning by -13.1% on the previous year's figure. In general, imports faced a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 2.4% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ballast for discharge lamp imports fell modestly to $X in 2021. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when imports increased by 4.5%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ballast for discharge lamp to New Zealand, with a 47% share of total imports. Moreover, ballast for discharge lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Austria (X units) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.1% per year) and Austria (-23.5% per year).

In value terms, China ($X) constituted the largest supplier of ballast for discharge lamp to New Zealand, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Austria, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.5% per year) and Austria (-20.8% per year).

Import Prices by Country

The average ballast for discharge lamp import price stood at $X per unit in 2021, surging by 13% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ballast for discharge lamp import price increased by +86.6% against 2015 indices. The most prominent rate of growth was recorded in 2019 an increase of 31%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Poland ($X per unit) and the UK ($X per unit), while the price for China ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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