New Zealand: Engine Generator Market 2025

Engine Generator Market Size in New Zealand

The New Zealand engine generator market contracted modestly to $X in 2022, shrinking by -4.3% 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). Over the period under review, consumption saw a prominent expansion. Engine generator consumption peaked at $X in 2021, and then shrank slightly in the following year.

Engine Generator Exports

Exports from New Zealand

In 2022, approx. X units of generators for internal combustion engines were exported from New Zealand; jumping by 110% on the previous year. Over the period under review, exports, however, showed a perceptible descent. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, engine generator exports surged to $X in 2022. In general, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Fiji (X units), Australia (X units) and Samoa (X units) were the main destinations of engine generator exports from New Zealand, with a combined 66% share of total exports. The UK, Belgium, Singapore, South Korea, Germany, the United Arab Emirates and Papua New Guinea lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +48.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for engine generator exported from New Zealand were Fiji ($X), Australia ($X) and Samoa ($X), together accounting for 81% of total exports. Singapore, South Korea, Belgium, the UK, Germany, Papua New Guinea and the United Arab Emirates lagged somewhat behind, together comprising a further 5.6%.

South Korea, with a CAGR of +49.6%, saw the highest rates of growth with regard to the value of exports, among 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 engine generator export price amounted to $X per unit, falling by -11.4% against the previous year. Overall, the export price, however, posted a prominent increase. The growth pace was the most rapid in 2015 when the average export price increased by 160%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to the UK ($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 the United Arab Emirates (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into New Zealand

In 2022, supplies from abroad of generators for internal combustion engines increased by 5.7% to X units, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +8.2% 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 +30.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 31%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, engine generator imports declined modestly to $X in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +26.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 38%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell slightly in the following year.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Japan (X units) were the main suppliers of engine generator imports to New Zealand, with a combined 68% share of total imports. India, South Korea, Germany, the United States, Slovenia, Italy, Australia, Turkey and Poland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +51.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) were the largest engine generator suppliers to New Zealand, together accounting for 57% of total imports. The United States, South Korea, Germany, Australia, Italy, Slovenia, Poland, India and Turkey lagged somewhat behind, together accounting for a further 29%.

Poland, with a CAGR of +43.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average engine generator import price amounted to $X per unit, reducing by -7.6% against the previous year. Overall, the import price showed a slight reduction. The pace of growth was the most pronounced in 2018 an increase of 7.2%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Australia ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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