New Zealand: Multitask Printer Market 2024

Multitask Printer Market Size in New Zealand

The New Zealand multitask printer market dropped to $X in 2022, reducing by -13.2% 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). Over the period under review, consumption, however, showed a slight decrease. Multitask printer consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Multitask Printer Exports

Exports from New Zealand

For the third consecutive year, New Zealand recorded growth in shipments abroad of multitask printers, copymachines and facsimile machines, which increased by 6% to X units in 2022. In general, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when exports increased by 113%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, multitask printer exports soared to $X in 2022. Overall, exports recorded a tangible increase. The most prominent rate of growth was recorded in 2015 with an increase of 113% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units), Fiji (X units) and Hong Kong SAR (X units) were the main destinations of multitask printer exports from New Zealand, together comprising 59% of total exports. Canada, Samoa, Singapore, Thailand, South Korea, Vietnam, French Polynesia and China lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +182.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Fiji ($X) and Samoa ($X) appeared to be the largest markets for multitask printer exported from New Zealand worldwide, with a combined 68% share of total exports. Canada, Hong Kong SAR, Thailand, Vietnam, Singapore, South Korea, China and French Polynesia lagged somewhat behind, together accounting for a further 23%.

Canada, with a CAGR of +160.1%, recorded the highest growth rate of the value of exports, among 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 2022, the average multitask printer export price amounted to $X per unit, rising by 10% against the previous year. Overall, the export price, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2019 an increase of 43% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Fiji ($X per unit), while the average price for exports to French Polynesia ($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 Fiji (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Multitask Printer Imports

Imports into New Zealand

In 2022, overseas purchases of multitask printers, copymachines and facsimile machines increased by 0.5% to X units, rising for the third consecutive year after four years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, multitask printer imports contracted rapidly to $X in 2022. In general, imports, however, recorded a slight descent. The pace of growth was the most pronounced in 2021 with an increase of 38%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Thailand (X units) and the Philippines (X units) were the main suppliers of multitask printer imports to New Zealand, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of +38.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of multitask printers, copymachines and facsimile machines to New Zealand, comprising 47% of total imports. The second position in the ranking was taken by Thailand ($X), with a 17% share of total imports. It was followed by Vietnam, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+15.3% per year) and Vietnam (+9.0% per year).

Import Prices by Country

The average multitask printer import price stood at $X per unit in 2022, declining by -17.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 36%. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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