New Zealand: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in New Zealand

In 2022, the New Zealand coated arc-welding electrode market was finally on the rise to reach $X for the first time since 2013, thus ending a eight-year declining trend. In general, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Coated Arc-Welding Electrode Production in New Zealand

In value terms, coated arc-welding electrode production shrank modestly to $X in 2022 estimated in export price. In general, production faced a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by X%. Coated arc-welding electrode production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports from New Zealand

In 2022, exports of coated base metal electrodes for electric arc-welding from New Zealand declined rapidly to X tons, shrinking by X% against the previous year. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, coated arc-welding electrode exports declined rapidly to $X in 2022. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for coated arc-welding electrode exports from New Zealand, with a X% share of total exports. Moreover, coated arc-welding electrode exports to Australia exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at X%.

In value terms, Australia ($X) remains the key foreign market for coated base metal electrodes for electric arc-welding exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Australia totaled X%.

Export Prices by Country

In 2022, the average coated arc-welding electrode export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 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 Australia ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%).

Coated Arc-Welding Electrode Imports

Imports into New Zealand

In 2022, supplies from abroad of coated base metal electrodes for electric arc-welding decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, coated arc-welding electrode imports declined notably to $X in 2022. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Turkey (X tons), Thailand (X tons) and China (X tons) were the main suppliers of coated arc-welding electrode imports to New Zealand, with a combined X% share of total imports. India, Sweden, South Korea, Indonesia, South Africa, the United States, the Philippines, Australia, Singapore and Malaysia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest coated arc-welding electrode suppliers to New Zealand were Turkey ($X), Indonesia ($X) and Sweden ($X), together comprising X% of total imports. China, Australia, the United States, Thailand, South Korea, South Africa, India, the Philippines, Malaysia and Singapore lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, India, with a CAGR of X%, saw 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 coated arc-welding electrode import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coated arc-welding electrode import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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