New Zealand: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in New Zealand

The New Zealand market for equipment for scaffolding, shuttering, propping or pit propping skyrocketed to $X in 2021, picking up by 126% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from New Zealand

After two years of decline, shipments abroad of equipment for scaffolding, shuttering, propping or pit propping increased by 124% to X tons in 2021. Over the period under review, exports saw a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 135%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, scaffolding, shuttering, and propping equipment exports soared to $X in 2021. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 146%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Cook Islands (X tons), Australia (X tons) and Niue (X tons) were the main destinations of scaffolding, shuttering, and propping equipment exports from New Zealand, with a combined 83% share of total exports. Samoa, Hong Kong SAR, Tonga, the United Arab Emirates, Fiji and the UK lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +103.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scaffolding, shuttering, and propping equipment exported from New Zealand were Cook Islands ($X), Australia ($X) and Niue ($X), together accounting for 80% of total exports. These countries were followed by Samoa, Hong Kong SAR, Tonga, the United Arab Emirates, Fiji and the UK, which together accounted for a further 11%.

The United Arab Emirates, with a CAGR of +95.4%, saw the highest growth rate of 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 2021, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, falling by -17% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of 60%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into New Zealand

In 2021, approx. X tons of equipment for scaffolding, shuttering, propping or pit propping were imported into New Zealand; growing by 82% against the previous year's figure. Overall, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, scaffolding, shuttering, and propping equipment imports surged to $X in 2021. In general, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and India (X tons) were the main suppliers of scaffolding, shuttering, and propping equipment imports to New Zealand, together comprising 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +43.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Australia ($X) appeared to be the largest scaffolding, shuttering, and propping equipment suppliers to New Zealand, together comprising 92% of total imports. These countries were followed by India, which accounted for a further 3.1%.

Among the main suppliers, India, with a CAGR of +44.6%, 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

In 2021, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, jumping by 34% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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