New Zealand: Hydraulic Jack Market 2025

Hydraulic Jack Market Size in New Zealand

The New Zealand hydraulic jack market was estimated at $X in 2022, growing by 6.3% 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). Overall, consumption posted a remarkable increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Hydraulic Jack Exports

Exports from New Zealand

In 2022, overseas shipments of hydraulic jacks and hoists for raising vehicles increased by 37% to X units, rising for the third year in a row after two years of decline. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 193% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, hydraulic jack exports surged to $X in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 132% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X units) was the main destination for hydraulic jack exports from New Zealand, accounting for a 42% share of total exports. Moreover, hydraulic jack exports to the United States exceeded the volume sent to the second major destination, Malaysia (X units), threefold. The third position in this ranking was held by Canada (X units), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +90.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+12.4% per year) and Canada (+77.6% per year).

In value terms, the United States ($X) remains the key foreign market for hydraulic jacks and hoists for raising vehicles exports from New Zealand, comprising 72% of total exports. The second position in the ranking was held by Australia ($X), with a 9.2% share of total exports. It was followed by Canada, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +80.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+8.7% per year) and Canada (+137.8% per year).

Export Prices by Country

The average hydraulic jack export price stood at $X per unit in 2022, dropping by -6.6% against the previous year. In general, the export price, however, posted a modest increase. The pace of growth appeared the most rapid in 2019 an increase of 86%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to China ($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 Canada (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Jack Imports

Imports into New Zealand

In 2022, approx. X units of hydraulic jacks and hoists for raising vehicles were imported into New Zealand; surging by 7.6% compared with 2021 figures. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 76%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, hydraulic jack imports expanded markedly to $X in 2022. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 93% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hydraulic jack to New Zealand, accounting for a 82% share of total imports. Moreover, hydraulic jack imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), ninefold. Italy (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+11.7% per year) and Italy (+35.3% per year).

In value terms, China ($X) constituted the largest supplier of hydraulic jacks and hoists for raising vehicles to New Zealand, comprising 56% of total imports. The second position in the ranking was held by South Korea ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+14.9% per year) and the Netherlands (+17.1% per year).

Import Prices by Country

In 2022, the average hydraulic jack import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the import price saw a mild setback. The most prominent rate of growth was recorded in 2013 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained 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 South Korea ($X per unit), while the price for Australia ($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 (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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