New Zealand: Printing Press Market 2024

Printing Press Market Size in New Zealand

The New Zealand printing press market fell sharply to $X in 2022, shrinking by -49.7% 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 faced a deep setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Printing Press Exports

Exports from New Zealand

In 2022, overseas shipments of printing presses were finally on the rise to reach X units after two years of decline. Over the period under review, exports saw moderate growth. The pace of growth appeared the most rapid in 2015 when exports increased by 3,939%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, printing press exports surged to $X in 2022. In general, exports saw a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), the United States (X units) and Vietnam (X units) were the main destinations of printing press exports from New Zealand, with a combined 62% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +47.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for printing presses exports from New Zealand, comprising 55% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Australia, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +47.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.8% per year) and Australia (-2.3% per year).

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, picking up by 178% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 7,026%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Fiji ($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 the United States (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into New Zealand

In 2022, overseas purchases of printing presses decreased by -0.1% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 387% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, printing press imports reduced rapidly to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 72%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of printing press imports to New Zealand, together accounting for 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +5.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of printing presses to New Zealand, comprising 34% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by China, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.9% per year) and China (-0.2% per year).

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, falling by -29.1% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 144%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 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 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 Greece (+94.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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