New Zealand: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in New Zealand

The New Zealand centrifugal clothes-dryer market reduced sharply to $X in 2021, waning by -52.6% against the previous year. Overall, consumption recorded a sharp reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Production in New Zealand

In value terms, centrifugal clothes-dryer production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt decline. The growth pace was the most rapid in 2019 with an increase of 123% against the previous year. Centrifugal clothes-dryer production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports from New Zealand

After three years of growth, shipments abroad of centrifugal clothes-dryers decreased by -5.7% to X units in 2021. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 2,308% against the previous year. The exports peaked at X units in 2020, and then declined in the following year.

In value terms, centrifugal clothes-dryer exports declined to $X in 2021. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 2,154%. The exports peaked at $X in 2020, and then reduced in the following year.

Exports by Country

Australia (X units) was the main destination for centrifugal clothes-dryer exports from New Zealand, accounting for a 70% share of total exports. Moreover, centrifugal clothes-dryer exports to Australia exceeded the volume sent to the second major destination, Samoa (X units), threefold. The third position in this ranking was taken by Fiji (X units), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+6.9% per year) and Fiji (-4.3% per year).

In value terms, Australia ($X) remains the key foreign market for centrifugal clothes-dryers exports from New Zealand, comprising 78% of total exports. The second position in the ranking was held by Samoa ($X), with a 15% share of total exports. It was followed by Fiji, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+6.7% per year) and Fiji (+1.9% per year).

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, which is down by -5.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 52% against the previous year. The export price peaked at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($X per unit), while the average price for exports to Samoa ($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 Fiji (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into New Zealand

Centrifugal clothes-dryer imports into New Zealand dropped rapidly to X units in 2021, falling by -86.5% on 2020. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2015 when imports increased by 829% against the previous year. Imports peaked at X units in 2020, and then dropped dramatically in the following year.

In value terms, centrifugal clothes-dryer imports shrank sharply to $X in 2021. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2020 when imports increased by 841% against the previous year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

China (X units), the UK (X units) and the Netherlands (X units) were the main suppliers of centrifugal clothes-dryer imports to New Zealand.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +24.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the UK ($X) and the Netherlands ($X) appeared to be the largest centrifugal clothes-dryer suppliers to New Zealand, with a combined 100% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +8.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, flattening at the previous year. Overall, the import price showed a notable increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 133%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+47.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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