New Zealand: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA in New Zealand

The New Zealand market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA shrank markedly to $X in 2022, falling by -28.9% against the previous year. In general, consumption showed a abrupt contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in New Zealand

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by 189%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Exports from New Zealand

In 2022, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA increased by 614% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA surged to $X in 2022. Overall, exports, however, saw a abrupt decline. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA from New Zealand, accounting for a 55% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to the Czech Republic exceeded the volume sent to the second major destination, Australia (X units), twofold. Tonga (X units) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+2.4% per year) and Tonga (+130.4% per year).

In value terms, Australia ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA exports from New Zealand, comprising 60% of total exports. The second position in the ranking was taken by Tonga ($X), with a 17% share of total exports. It was followed by the UK, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at -21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tonga (+80.0% per year) and the UK (+1.5% per year).

Export Prices by Country

The average export price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, which is down by -80.5% against the previous year. Overall, the export price faced a dramatic descent. The growth pace was the most rapid in 2013 when the average export price increased by 28%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to the Czech Republic ($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 Papua New Guinea (-5.5%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity from 16 kVA to 500 kVA

Imports into New Zealand

Imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA into New Zealand shrank to X units in 2022, with a decrease of -14.9% against the previous year's figure. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 900% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA dropped to $X in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 84%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Croatia (X units) and Australia (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA to New Zealand, with a combined 88% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +56.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA suppliers to New Zealand were Australia ($X), Croatia ($X) and China ($X), together comprising 84% of total imports. The United States and France lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, the United States, with a CAGR of +43.9%, recorded the highest growth rate of 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 import price for electrical transformers with non-liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of 587% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+121.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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