New Zealand: Bridge Market 2025

Bridge Market Size in New Zealand

In 2021, after three years of growth, there was significant decline in the New Zealand bridge market, when its value decreased by -17% to $X. In general, consumption, however, recorded temperate growth. Over the period under review, the market hit record highs at $X in 2020, and then contracted markedly in the following year.

Bridge Production in New Zealand

In value terms, bridge production expanded notably to $X in 2021 estimated in export price. Over the period under review, production showed a notable expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 94%. Bridge production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Bridge Exports

Exports from New Zealand

In 2021, exports of bridges, bridge sections, towers and lattice masts (of iron or steel) from New Zealand expanded significantly to X tons, picking up by 15% compared with the year before. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 2,441%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, bridge exports soared to $X in 2021. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 842%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Fiji (X tons) was the main destination for bridge exports from New Zealand, accounting for a 72% share of total exports. Moreover, bridge exports to Fiji exceeded the volume sent to the second major destination, Australia (X tons), ninefold. Samoa (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume to Fiji stood at +36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+23.8% per year) and Samoa (+13.8% per year).

In value terms, Fiji ($X), Solomon Islands ($X) and Vanuatu ($X) appeared to be the largest markets for bridge exported from New Zealand worldwide, together accounting for 90% of total exports.

In terms of the main countries of destination, Fiji, with a CAGR of +51.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average bridge export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2016 an increase of 212% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Solomon Islands ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Solomon Islands (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Bridge Imports

Imports into New Zealand

In 2021, the amount of bridges, bridge sections, towers and lattice masts (of iron or steel) imported into New Zealand fell remarkably to X tons, waning by -71.1% compared with 2020. Over the period under review, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2020 with an increase of 1,709%. As a result, imports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, bridge imports contracted sharply to $X in 2021. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 1,521%. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest bridge supplier to New Zealand, with a 37% share of total imports. Moreover, bridge imports from Indonesia exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was held by China (X tons), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia amounted to +83.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+13.1% per year) and China (-24.3% per year).

In value terms, the largest bridge suppliers to New Zealand were the United States ($X), Indonesia ($X) and Germany ($X), together accounting for 50% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +103.0%, recorded the highest rates of growth with regard to 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

The average bridge import price stood at $X per ton in 2021, falling by -28.7% against the previous year. Over the period under review, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 33%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :