New Zealand: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in New Zealand

The New Zealand market for non-electronic instruments for measuring or checking variables of liquids or gases expanded rapidly to $X in 2021, with an increase of 8.9% 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). The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Non-electronic liquid or gas measurer consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from New Zealand

In 2021, exports of non-electronic instruments for measuring or checking variables of liquids or gases from New Zealand surged to X units, growing by 66% against 2020. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic liquid or gas measurer exports soared to $X in 2021. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +92.7% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units), the United States (X units) and South Africa (X units) were the main destinations of non-electronic liquid or gas measurer exports from New Zealand, with a combined 62% share of total exports.

From 2012 to 2021, the biggest increases were in South Africa (with a CAGR of +99.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electronic liquid or gas measurer exported from New Zealand were Australia ($X), the United States ($X) and South Africa ($X), together comprising 61% of total exports.

In terms of the main countries of destination, South Africa, with a CAGR of +85.0%, 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 export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, growing by 8.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 16% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Italy ($X per unit) and the UK ($X per unit), while the average price for exports to the United States ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.7%), while the prices for the other major destinations experienced a decline.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into New Zealand

In 2021, approx. X units of non-electronic instruments for measuring or checking variables of liquids or gases were imported into New Zealand; growing by 11% on 2020. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer imports surged to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 27%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The United States (X units), Australia (X units) and Germany (X units) were the main suppliers of non-electronic liquid or gas measurer imports to New Zealand, with a combined 55% share of total imports. China, Switzerland, Japan, the UK, Taiwan (Chinese), Singapore and Italy lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the biggest increases were in Switzerland (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic liquid or gas measurer suppliers to New Zealand were the United States ($X), Australia ($X) and Germany ($X), with a combined 55% share of total imports. These countries were followed by China, Switzerland, Japan, the UK, Taiwan (Chinese), Singapore and Italy, which together accounted for a further 35%.

Taiwan (Chinese), with a CAGR of +11.1%, saw the highest rates of growth with regard to the value of imports, in terms of 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 import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, rising by 14% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Taiwan (Chinese) ($X per unit) and Japan ($X per unit), while the price for Italy ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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