New Zealand: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in New Zealand

The New Zealand non-electric bakery oven market contracted rapidly to $X in 2022, dropping by -73.8% against the previous year. Overall, consumption, however, showed a buoyant expansion. Non-electric bakery oven consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Electric Bakery Oven Production in New Zealand

In value terms, non-electric bakery oven production fell dramatically to $X in 2022 estimated in export price. Over the period under review, production faced a precipitous decrease. The growth pace was the most rapid in 2016 when the production volume increased by 777% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Non-Electric Bakery Oven Exports

Exports from New Zealand

Non-electric bakery oven exports from New Zealand fell rapidly to X units in 2022, which is down by -56.7% against 2021 figures. Over the period under review, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 2,751%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric bakery oven exports shrank rapidly to $X in 2022. Overall, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 208% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X units), India (X units) and Samoa (X units) were the main destinations of non-electric bakery oven exports from New Zealand, with a combined 62% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +58.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electric bakery oven exported from New Zealand were Australia ($X), India ($X) and Samoa ($X), together comprising 64% of total exports.

India, with a CAGR of +250.4%, recorded the highest rates of growth with regard to 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

The average non-electric bakery oven export price stood at $X per unit in 2022, jumping by 26% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 7,698% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vanuatu ($X per unit) and American Samoa ($X per unit), while the average price for exports to French Polynesia ($X per unit) and Cook Islands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+234.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports into New Zealand

Non-electric bakery oven imports into New Zealand fell rapidly to X units in 2022, reducing by -78.7% against 2021. Over the period under review, imports, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 674%. As a result, imports reached the peak of X units, and then fell significantly in the following year.

In value terms, non-electric bakery oven imports reduced remarkably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 380%. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

Italy (X units), Germany (X units) and Australia (X units) were the main suppliers of non-electric bakery oven imports to New Zealand, with a combined 83% 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 Italy (with a CAGR of +16.0%), while imports for the other leaders experienced a decline.

In value terms, the largest non-electric bakery oven suppliers to New Zealand were Italy ($X), Germany ($X) and Australia ($X), with a combined 83% share of total imports.

Italy, with a CAGR of +13.6%, recorded 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 a decline.

Import Prices by Country

The average non-electric bakery oven import price stood at $X per unit in 2022, surging by 43% against the previous year. Overall, the import price, however, recorded a mild shrinkage. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Germany ($X per unit), while the price for Italy ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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