New Zealand: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in New Zealand

After two years of growth, the New Zealand appliance part brush market decreased by -2% to $X in 2022. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +49.0% against 2019 indices. Appliance part brush consumption peaked at $X in 2021, and then reduced in the following year.

Appliance Part Brush Exports

Exports from New Zealand

In 2022, the amount of brushes constituting parts of appliances exported from New Zealand contracted modestly to X units, leveling off at 2021 figures. Overall, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 255% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, appliance part brush exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 268%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units) was the main destination for appliance part brush exports from New Zealand, accounting for a 30% share of total exports. Moreover, appliance part brush exports to Australia exceeded the volume sent to the second major destination, Malaysia (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+160.3% per year) and Germany (+32.8% per year).

In value terms, Australia ($X) remains the key foreign market for brushes constituting parts of appliances exports from New Zealand, comprising 30% of total exports. The second position in the ranking was held by Malaysia ($X), with a 14% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+181.2% per year) and Germany (+30.5% per year).

Export Prices by Country

In 2022, the average appliance part brush export price amounted to $X per unit, jumping by 45% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per unit) and Australia ($X per unit), while the average price for exports to Singapore ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into New Zealand

For the third consecutive year, New Zealand recorded growth in supplies from abroad of brushes constituting parts of appliances, which increased by 2.4% to X units in 2022. Overall, total imports indicated a notable expansion 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 +31.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, appliance part brush imports contracted slightly to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +10.1% against 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

Germany (X units), China (X units) and the United States (X units) were the main suppliers of appliance part brush imports to New Zealand, together comprising 53% of total imports. Australia, Italy, Malaysia, Turkey, the UK, Spain, Vietnam and Indonesia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +99.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest appliance part brush suppliers to New Zealand were Germany ($X), China ($X) and the United States ($X), with a combined 53% share of total imports. Australia, Italy, Malaysia, Turkey, the UK, Spain, Vietnam and Indonesia lagged somewhat behind, together accounting for a further 37%.

Malaysia, with a CAGR of +105.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average appliance part brush import price stood at $X per unit in 2022, with a decrease of -6.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 33% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and Australia ($X per unit), while the price for Italy ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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