New Zealand: Resistor Market 2024

Resistor Market Size in New Zealand

The New Zealand resistor market reduced to $X in 2022, dropping by X% against the previous year. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Resistor Production in New Zealand

In value terms, resistor production fell slightly to $X in 2022 estimated in export price. Overall, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Resistor Exports

Exports from New Zealand

Resistor exports from New Zealand soared to X units in 2022, growing by X% compared with the year before. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, resistor exports soared to $X in 2022. Overall, exports, however, continue to indicate a noticeable contraction. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for resistor exports from New Zealand, accounting for a X% share of total exports. Moreover, resistor exports to Australia exceeded the volume sent to the second major destination, China (X units), twofold. Micronesia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, 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: China (X% per year) and Micronesia (X,441.2% per year).

In value terms, Australia ($X) remains the key foreign market for electrical resistors (except heating resistors) exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Chile (X% per year).

Export Prices by Country

The average resistor export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price, however, posted pronounced growth. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Micronesia (less than $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 Australia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Resistor Imports

Imports into New Zealand

After two years of growth, supplies from abroad of electrical resistors (except heating resistors) decreased by X% to X units in 2022. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, resistor imports shrank slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Japan (X units) and the United States (X units) were the main suppliers of resistor imports to New Zealand, together accounting for X% of total imports. Vietnam, Germany, Australia, the UK, Taiwan (Chinese), Mexico, Malaysia, Israel, Italy and Costa Rica lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) appeared to be the largest resistor suppliers to New Zealand, with a combined X% share of total imports. The United States, Australia, Germany, Israel, the UK, Mexico, Vietnam, Malaysia, Italy and Costa Rica lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average resistor import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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