New Zealand: Lawn Mower Market 2024

Lawn Mower Market Size in New Zealand

In 2022, the New Zealand lawn mower market increased by 23% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption saw a prominent increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Lawn Mower Exports

Exports from New Zealand

In 2022, shipments abroad of mowers for lawns, parks, golf courses or sports grounds increased by 18% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a mild decline. The pace of growth was the most pronounced in 2015 with an increase of 82% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lawn mower exports skyrocketed to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X units), Cook Islands (X units) and New Caledonia (X units) were the main destinations of lawn mower exports from New Zealand, with a combined 47% share of total exports. Hong Kong SAR, Tonga, Qatar, the UK, Fiji, the United States and Samoa lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +14,150.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lawn mower exported from New Zealand were Australia ($X), Cook Islands ($X) and New Caledonia ($X), with a combined 53% share of total exports. Hong Kong SAR, Tonga, Qatar, the UK, Fiji, the United States and Samoa lagged somewhat behind, together comprising a further 32%.

Hong Kong SAR, with a CAGR of +18,450.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average lawn mower export price amounted to $X per unit, surging by 7.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 11% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Samoa ($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 Hong Kong SAR (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into New Zealand

In 2022, supplies from abroad of mowers for lawns, parks, golf courses or sports grounds increased by 23% to X units, rising for the second year in a row after three years of decline. Overall, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +124.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 83%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, lawn mower imports soared to $X in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), China (X units) and the UK (X units) were the main suppliers of lawn mower imports to New Zealand, together accounting for 90% of total imports. Poland, Italy, Japan and Australia lagged somewhat behind, together comprising a further 7.2%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +39.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lawn mower suppliers to New Zealand were the United States ($X), China ($X) and the UK ($X), with a combined 90% share of total imports. Poland, Italy, Japan and Australia lagged somewhat behind, together comprising a further 7.2%.

Poland, with a CAGR of +42.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lawn mower import price stood at $X per unit in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 an increase of 11%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per unit) and Australia ($X per unit), while the price for Poland ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform