New Zealand: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in New Zealand

In 2021, after two years of decline, there was significant growth in the New Zealand off-highway dumper market, when its value increased by 60% to $X. Overall, consumption enjoyed a slight expansion. Off-highway dumper consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Off-Highway Dumper Exports

Exports from New Zealand

In 2021, off-highway dumper exports from New Zealand soared to X units, increasing by 67% compared with the previous year. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by 209%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, off-highway dumper exports surged to $X in 2021. In general, exports posted strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by 165% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for off-highway dumper exports from New Zealand, accounting for a 76% share of total exports. Moreover, off-highway dumper exports to Australia exceeded the volume sent to the second major destination, New Caledonia (X units), tenfold. The third position in this ranking was taken by Samoa (X units), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to Australia stood at +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+5.4% per year) and Samoa (+2.7% per year).

In value terms, Australia ($X) remains the key foreign market for dumpers for off-highway use exports from New Zealand, comprising 76% of total exports. The second position in the ranking was taken by New Caledonia ($X), with a 7.9% share of total exports. It was followed by Samoa, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+11.3% per year) and Samoa (+10.3% per year).

Export Prices by Country

In 2021, the average off-highway dumper export price amounted to $X per unit, rising by 30% against the previous year. Over the period under review, the export price posted a slight increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 81%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Cook Islands ($X per unit) and Tonga ($X per unit), while the average price for exports to Australia ($X per unit) and New Caledonia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports into New Zealand

In 2021, overseas purchases of dumpers for off-highway use were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by 208% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, off-highway dumper imports soared to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 227% 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

In 2021, the UK (X units) constituted the largest off-highway dumper supplier to New Zealand, accounting for a 31% share of total imports. Moreover, off-highway dumper imports from the UK exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. Japan (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the UK amounted to +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.3% per year) and Japan (-1.4% per year).

In value terms, the UK ($X) constituted the largest supplier of dumpers for off-highway use to New Zealand, comprising 30% of total imports. The second position in the ranking was taken by Sweden ($X), with a 14% share of total imports. It was followed by Japan, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-2.2% per year) and Japan (-3.5% per year).

Import Prices by Country

In 2021, the average off-highway dumper import price amounted to $X per unit, jumping by 18% against the previous year. In general, the import price, however, saw a noticeable decrease. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 highest price was recorded for prices from South Africa ($X per unit) and the United States ($X per unit), while the price for the UK ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+18.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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