New Zealand: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in New Zealand

In 2021, the New Zealand bar draw-bench market increased by 33% to $X, rising for the third consecutive year after six years of decline. In general, consumption, however, continues to indicate a deep contraction. Bar draw-bench consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Bar Draw-Bench Exports

Exports from New Zealand

In 2021, bar draw-bench exports from New Zealand stood at X units, remaining stable against the year before. Overall, exports showed a deep reduction. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, bar draw-bench exports surged to $X in 2021. In general, exports recorded a abrupt slump. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X units) was the main destination for bar draw-bench exports from New Zealand, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Fiji was relatively modest.

In value terms, Samoa ($X) remains the key foreign market for draw-benches for bars, tubes, profiles, wire or the like exports from New Zealand, comprising 12% of total exports. The second position in the ranking was taken by Fiji ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Samoa totaled -7.6%.

Export Prices by Country

In 2021, the average bar draw-bench export price amounted to $X per unit, approximately reflecting the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2018 when the average export price decreased by 99.9%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Fiji.

From 2012 to 2021, the rate of growth in terms of prices for Fiji amounted to -41.6% per year.

Bar Draw-Bench Imports

Imports into New Zealand

In 2021, supplies from abroad of draw-benches for bars, tubes, profiles, wire or the like increased by 47% to X units, rising for the third consecutive year after six years of decline. Overall, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 600% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, bar draw-bench imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 771% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of bar draw-bench to New Zealand, accounting for a 73% share of total imports. Moreover, bar draw-bench imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-12.7% per year) and Australia (-7.4% per year).

In value terms, China ($X) constituted the largest supplier of draw-benches for bars, tubes, profiles, wire or the like to New Zealand, comprising 79% of total imports. The second position in the ranking was held by the UK ($X), with a 17% share of total imports. It was followed by Australia, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.5% per year) and Australia (-3.4% per year).

Import Prices by Country

The average bar draw-bench import price stood at $X per unit in 2021, waning by -9.2% against the previous year. In general, the import price, however, posted noticeable growth. The pace of growth appeared the most rapid in 2018 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, 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 Australia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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