New Zealand: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in New Zealand

The New Zealand filling containers machinery market skyrocketed to $X in 2021, with an increase of 37% against the previous year. In general, consumption, however, showed a pronounced descent. Filling containers machinery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Filling Containers Machinery Production in New Zealand

In value terms, filling containers machinery production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production posted a significant increase. The growth pace was the most rapid in 2019 when the production volume increased by 183%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Filling Containers Machinery Exports

Exports from New Zealand

In 2021, shipments abroad of machinery for filling, closing, sealing, capsuling or labelling containers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep reduction. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, filling containers machinery exports surged to $X in 2021. In general, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for filling containers machinery exports from New Zealand, accounting for a 25% share of total exports. Moreover, filling containers machinery exports to the United States exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by China (X units), with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.5% per year) and China (-3.4% per year).

In value terms, Australia ($X), the United States ($X) and Singapore ($X) appeared to be the largest markets for filling containers machinery exported from New Zealand worldwide, with a combined 52% share of total exports. These countries were followed by France, China, Brazil, Denmark and Germany, which together accounted for a further 32%.

Germany, with a CAGR of +33.1%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average filling containers machinery export price amounted to $X per unit, surging by 11% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 73% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while the average price for exports to Denmark ($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 (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into New Zealand

In 2021, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 38% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 136% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, filling containers machinery imports surged to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 132% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), Italy (X units) and the United States (X units) were the main suppliers of filling containers machinery imports to New Zealand, together accounting for 55% of total imports. These countries were followed by China, the Netherlands, Australia, Japan, Spain, Sweden, South Korea, Taiwan (Chinese), Belgium and the UK, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and China ($X) appeared to be the largest filling containers machinery suppliers to New Zealand, together accounting for 54% of total imports. The United States, the Netherlands, Australia, South Korea, Japan, Spain, Sweden, Belgium, Taiwan (Chinese) and the UK lagged somewhat behind, together comprising a further 42%.

Japan, with a CAGR of +45.8%, saw 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

The average filling containers machinery import price stood at $X per unit in 2021, reducing by -7.1% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 73% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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