New Zealand: Poultry Incubator Market 2024

Poultry Incubator Market Size in New Zealand

The New Zealand poultry incubator market reduced modestly to $X in 2022, remaining stable against the previous year. In general, consumption showed a abrupt decline. Poultry incubator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Poultry Incubator Production in New Zealand

In value terms, poultry incubator production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 20% against the previous year. Poultry incubator production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Poultry Incubator Exports

Exports from New Zealand

In 2022, overseas shipments of poultry incubators and brooders increased by 67% to X units, rising for the second consecutive year after two years of decline. Overall, exports showed a noticeable expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 700%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, poultry incubator exports soared to $X in 2022. Over the period under review, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 632% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Fiji (X units) was the main destination for poultry incubator exports from New Zealand, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Fiji totaled +22.3%.

In value terms, Fiji ($X) emerged as the key foreign market for poultry incubators and brooders exports from New Zealand, comprising 96% of total exports. The second position in the ranking was taken by Australia ($X), with a 0.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Fiji stood at +45.1%.

Export Prices by Country

In 2022, the average poultry incubator export price amounted to $X per unit, dropping by -5.2% against the previous year. Overall, the export price saw a slight setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 80%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Fiji totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Poultry Incubator Imports

Imports into New Zealand

In 2022, the amount of poultry incubators and brooders imported into New Zealand soared to X units, surging by 500% on the previous year. In general, imports, however, showed a slight setback. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, poultry incubator imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a perceptible decrease. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X units) constituted the largest supplier of poultry incubator to New Zealand, with a 59% share of total imports. Moreover, poultry incubator imports from Malaysia exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The UK (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.0% per year) and the UK (-7.3% per year).

In value terms, Malaysia ($X) constituted the largest supplier of poultry incubators and brooders to New Zealand, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 24% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Malaysia amounted to +25.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.2% per year) and the UK (-9.5% per year).

Import Prices by Country

The average poultry incubator import price stood at $X per unit in 2022, growing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 69% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($X per unit) and Germany ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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