New Zealand: Market for Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Numerically Controlled Sharpening Machines For Working Metal in New Zealand

The New Zealand numerically controlled sharpening machine market soared to $X in 2022, increasing by 468% against the previous year. Over the period under review, consumption showed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Numerically Controlled Sharpening Machines For Working Metal in New Zealand

In value terms, numerically controlled sharpening machine production reached $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 5.3% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from New Zealand

In 2022, numerically controlled sharpening machine exports from New Zealand declined significantly to X units, with a decrease of -71.4% compared with 2021. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 40%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, numerically controlled sharpening machine exports fell sharply to $X in 2022. Over the period under review, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 155% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) and Switzerland (X units) were the main destinations of numerically controlled sharpening machine exports from New Zealand.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of 0.0%).

In value terms, Australia ($X) emerged as the key foreign market for numerically controlled sharpening machines for working metal exports from New Zealand, comprising 80% of total exports. The second position in the ranking was held by Switzerland ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Australia totaled +8.1%.

Export Prices by Country

The average numerically controlled sharpening machine export price stood at $X per unit in 2022, jumping by 173% against the previous year. In general, the export price showed perceptible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2,252.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into New Zealand

For the fourth year in a row, New Zealand recorded growth in purchases abroad of numerically controlled sharpening machines for working metal, which increased by 192% to X units in 2022. In general, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled sharpening machine imports skyrocketed to $X in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by 34,291% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Australia (X units) constituted the largest supplier of numerically controlled sharpening machine to New Zealand, accounting for a 74% share of total imports. Moreover, numerically controlled sharpening machine imports from Australia exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+250.0% per year) and Germany (0.0% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of numerically controlled sharpening machines for working metal to New Zealand, comprising 65% of total imports. The second position in the ranking was held by Australia ($X), with a 23% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at +4,102.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+93.2% per year) and Germany (+87.6% per year).

Import Prices by Country

In 2022, the average numerically controlled sharpening machine import price amounted to $X per unit, surging by 86% against the previous year. Overall, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 31,425% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1,100.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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