New Zealand: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in New Zealand

The New Zealand market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X in 2022, surging by 8.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted a resilient expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from New Zealand

In 2022, overseas shipments of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 86% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 114% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA surged to $X in 2022. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 108% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from New Zealand, with a 61% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to the United States exceeded the volume sent to the second major destination, Australia (X units), fivefold. Fiji (X units) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-15.5% per year) and Fiji (-8.1% per year).

In value terms, the largest markets for diesel or semi-diesel electric generating set of output over X kVA but under X kVA exported from New Zealand were Australia ($X), the United States ($X) and Vanuatu ($X), with a combined 70% share of total exports. Niue, Fiji, Samoa, French Polynesia, Tonga and Tuvalu lagged somewhat behind, together comprising a further 30%.

Niue, with a CAGR of +22.4%, saw the highest growth rate of 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

The average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, waning by -29.4% against the previous year. In general, the export price, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 152%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a 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 ($X per unit), while the average price for exports to Tuvalu ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niue (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into New Zealand

In 2022, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into New Zealand stood at X units, almost unchanged from the year before. In general, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 124% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA skyrocketed to $X in 2022. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 55%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output over X kVA but under X kVA to New Zealand, accounting for a 63% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from China exceeded the figures recorded by the second-largest supplier, India (X units), sixfold. The third position in this ranking was held by Italy (X units), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+34.8% per year) and Italy (+23.2% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to New Zealand, comprising 52% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by India, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.7% per year) and India (+29.5% per year).

Import Prices by Country

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, surging by 16% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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