New Zealand: Centrifuges Market 2025

Centrifuges Market Size in New Zealand

In 2021, the New Zealand centrifuges market decreased by -3.3% to $X, falling for the third year in a row after four years of growth. Overall, consumption recorded a slight contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Centrifuges Exports

Exports from New Zealand

In 2021, approx. X units of centrifuges were exported from New Zealand; growing by 28% compared with the previous year. Overall, exports continue to indicate resilient growth. The growth pace was the most rapid in 2015 when exports increased by 254% against the previous year. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, centrifuges exports soared to $X in 2021. In general, exports recorded a pronounced increase. The most prominent rate of growth was recorded in 2018 when exports increased by 335% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Australia (X units), the UK (X units) and the United States (X units) were the main destinations of centrifuges exports from New Zealand, together accounting for 84% of total exports. These countries were followed by Fiji, the Netherlands, Vanuatu, Singapore and Papua New Guinea, which together accounted for a further 11%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +73.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and the UK ($X) appeared to be the largest markets for centrifuges exported from New Zealand worldwide, with a combined 89% share of total exports.

The UK, with a CAGR of +76.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 centrifuges export price amounted to $X per unit, growing by 151% against the previous year. Overall, the export price, however, saw a abrupt downturn. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Vanuatu ($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 the UK (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

Centrifuges Imports

Imports into New Zealand

For the third consecutive year, New Zealand recorded decline in supplies from abroad of centrifuges, which decreased by -8.3% to X units in 2021. Overall, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2013 when imports increased by 57%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, centrifuges imports expanded remarkably to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 25% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of centrifuges imports to New Zealand, with a combined 69% share of total imports. These countries were followed by the United States, India, Belgium, South Korea, Taiwan (Chinese), Japan, Australia and Denmark, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +31.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of centrifuges to New Zealand, comprising 51% of total imports. The second position in the ranking was taken by India ($X), with a 12% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.6% per year) and China (+11.5% per year).

Import Prices by Country

In 2021, the average centrifuges import price amounted to $X per unit, with an increase of 16% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, centrifuges import price increased by +28.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform