New Zealand: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in New Zealand

The New Zealand metal liquid fuel appliances market fell notably to $X in 2022, dropping by -47% 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 recorded a relatively flat trend pattern. Metal liquid fuel appliances consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports from New Zealand

Metal liquid fuel appliances exports from New Zealand declined sharply to X units in 2022, waning by -79.6% on the previous year's figure. Overall, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 259% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal liquid fuel appliances exports fell markedly to $X in 2022. In general, exports showed a sharp setback. The pace of growth appeared the most rapid in 2014 when exports increased by 386% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norfolk Island (X units), Tonga (X units) and Cook Islands (X units) were the main destinations of metal liquid fuel appliances exports from New Zealand.

From 2012 to 2022, the biggest increases were recorded for Tonga (with a CAGR of +32.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for metal liquid fuel appliances exported from New Zealand were Norfolk Island ($X), Tonga ($X) and Cook Islands ($X).

Tonga, with a CAGR of +28.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average metal liquid fuel appliances export price stood at $X per unit in 2022, with an increase of 27% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 82% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average 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 Tonga ($X per unit), while the average price for exports to Cook Islands ($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 Norfolk Island (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports into New Zealand

In 2022, the amount of iron or steel liquid fuel domestic appliances imported into New Zealand dropped dramatically to X units, with a decrease of -47.9% compared with the year before. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 449%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank notably in the following year.

In value terms, metal liquid fuel appliances imports contracted markedly to $X in 2022. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 177%. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, China (X units) was the main metal liquid fuel appliances supplier to New Zealand, with a 95% share of total imports. It was followed by Vietnam (X units), with a 1.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+13.7% per year) and Australia (+6.1% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel liquid fuel domestic appliances to New Zealand, comprising 72% of total imports. The second position in the ranking was held by Vietnam ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+10.6% per year) and Australia (+1.0% per year).

Import Prices by Country

In 2022, the average metal liquid fuel appliances import price amounted to $X per unit, with an increase of 6.5% against the previous year. Overall, the import price saw a resilient increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 201% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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