Report Update Nov 1, 2024

New Zealand - Lifting Equipment - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Lifting Equipment Market 2024

Lifting Equipment Market Size in New Zealand

In 2021, the New Zealand lifting equipment market decreased by -84% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a deep slump. Lifting equipment consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Lifting Equipment Exports

Exports from New Zealand

In 2021, the amount of lifting equipment exported from New Zealand surged to X units, rising by 460% compared with 2020. Overall, exports continue to indicate a prominent expansion. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, lifting equipment exports soared to $X in 2021. Over the period under review, exports continue to indicate a tangible increase. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Finland (X units), Pakistan (X units) and the United States (X units) were the main destinations of lifting equipment exports from New Zealand, with a combined 46% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Finland ($X) and Chile ($X) constituted the largest markets for lifting equipment exported from New Zealand worldwide, with a combined 65% share of total exports.

In terms of the main countries of destination, Australia, with a CAGR of +59.4%, recorded the highest growth rate of the value of exports, 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 lifting equipment export price amounted to $X per unit, increasing by 3.6% against the previous year. In general, the export price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 an increase of 85%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to South Korea ($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 Australia (+71.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lifting Equipment Imports

Imports into New Zealand

In 2021, overseas purchases of lifting equipment decreased by -79.5% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 191% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, lifting equipment imports shrank significantly to $X in 2021. Overall, imports, however, recorded a modest increase. The pace of growth appeared the most rapid in 2014 when imports increased by 237% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest lifting equipment supplier to New Zealand, with a 41% share of total imports. Moreover, lifting equipment imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Italy (X units) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.6% per year) and Italy (-12.1% per year).

In value terms, China ($X), Italy ($X) and Australia ($X) constituted the largest lifting equipment suppliers to New Zealand, with a combined 27% share of total imports.

Italy, with a CAGR of +179.8%, recorded the highest rates of growth with regard to 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 2021, the average lifting equipment import price amounted to $X per unit, picking up by 172% against the previous year. Over the period under review, the import price showed a resilient increase. 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 Spain ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+216.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting equipment in the world?

The countries with the highest volumes of lifting equipment consumption in 2020 were China, the United States and India, together accounting for 35% of global consumption. Italy, Japan, Germany, Brazil, Russia, Pakistan, Bangladesh, Indonesia, France and Ethiopia lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of lifting equipment in the world?

China constituted the country with the largest volume of lifting equipment production, comprising approx. 21% of total volume. Moreover, lifting equipment production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.1% share.

What are the leading suppliers of lifting equipment to New Zealand?

In value terms, the largest lifting equipment suppliers to New Zealand were Canada, Germany and Australia, together accounting for 69% of total imports.

What are the leading importers of lifting equipment from New Zealand?

In value terms, Australia and the United Arab Emirates appeared to be the largest markets for lifting equipment exported from New Zealand worldwide.

What is the average export price for lifting equipment in New Zealand?

The average lifting equipment export price stood at $13,294 per unit in 2020, declining by -10.4% against the previous year.

What is the average import price for lifting equipment in New Zealand?

In 2020, the average lifting equipment import price amounted to $1,826 per unit, falling by -33.3% against the previous year.

This report provides an in-depth analysis of the lifting equipment market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023