New Zealand: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in New Zealand

After three years of growth, the New Zealand market for electric generating sets and rotary converters decreased by -X% to $X in 2020. In general, consumption, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Consumption peaked at $X in 2019, and then fell significantly in the following year.

Exports of Electric Generating Sets And Rotary Converters

Exports from New Zealand

In 2020, after three years of decline, there was significant decline in overseas shipments of electric generating sets and rotary converters, when their volume decreased by -X% to X units. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters soared to $X in 2020. Overall, exports continue to indicate a abrupt decrease. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for exports of electric generating sets and rotary converters from New Zealand, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Australia exceeded the volume sent to the second major destination, Fiji (X units), threefold. The third position in this ranking was occupied by Tonga (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Australia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-X% per year) and Tonga (+X% per year).

In value terms, Australia ($X) emerged as the key foreign market for electric generating set and rotary converter exports from New Zealand, comprising X% of total exports. The second position in the ranking was occupied by Fiji ($X), with a X% share of total exports. It was followed by Samoa, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Australia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-X% per year) and Samoa (-X% per year).

Export Prices by Country

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, increasing by X% against the previous year. Overall, the export price recorded a remarkable increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Kiribati ($X per unit), while the average price for exports to Tonga ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into New Zealand

In 2020, purchases abroad of electric generating sets and rotary converters decreased by -X% to X units for the first time since 2016, thus ending a three-year rising trend. In general, imports, however, saw a temperate expansion. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X units in 2019, and then contracted notably in the following year.

In value terms, imports of electric generating sets and rotary converters declined rapidly to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2010 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

Denmark (X units), China (X units) and Thailand (X units) were the main suppliers of imports of electric generating sets and rotary converters to New Zealand, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Thailand (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Denmark ($X) constituted the largest supplier of electric generating set and rotary converter to New Zealand, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Thailand (+X% per year).

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. As a result, import price reached the peak level of $X per unit. from 2010 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :