New Zealand: Ironing Machine Market 2022

Ironing Machine Market Size in New Zealand

In 2021, the New Zealand ironing machine market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption recorded a noticeable slump. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Ironing Machine Exports

Exports from New Zealand

In 2021, approx. X units of ironing machines and presses were exported from New Zealand; waning by -X% against the previous year's figure. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, ironing machine exports fell rapidly to $X in 2021. Over the period under review, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Fiji (X units) was the main destination for ironing machine exports from New Zealand, with a X% share of total exports. Moreover, ironing machine exports to Fiji exceeded the volume sent to the second major destination, Cook Islands (X units), more than tenfold. The third position in this ranking was held by Ghana (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Fiji stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (-X% per year) and Ghana (X% per year).

In value terms, Fiji ($X) remains the key foreign market for ironing machine exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Cook Islands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Fiji stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-X% per year) and Cook Islands (-X% per year).

Export Prices by Country

The average ironing machine export price stood at $X per unit in 2021, surging by X% against the previous year. Overall, the export price posted a prominent increase. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

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

Ironing Machine Imports

Imports into New Zealand

In 2021, after two years of growth, there was significant decline in supplies from abroad of ironing machines and presses, when their volume decreased by -X% to X units. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, ironing machine imports surged to $X in 2021. Over the period under review, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest ironing machine supplier to New Zealand, accounting for a X% share of total imports. Moreover, ironing machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), tenfold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and the United States (-X% per year).

In value terms, Germany ($X), China ($X) and Denmark ($X) were the largest ironing machine suppliers to New Zealand, together accounting for X% of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 ironing machine import price stood at $X per unit in 2021, picking up by X% against the previous year. Overall, the import price showed notable growth. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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