New Zealand: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in New Zealand

The New Zealand liquid dispensing pump market soared to $X in 2021, with an increase of 36% 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 enjoyed a significant expansion. Liquid dispensing pump consumption peaked in 2021 and is expected to retain growth in years to come.

Liquid Dispensing Pump Exports

Exports from New Zealand

In 2021, the amount of pumps for dispensing liquids exported from New Zealand soared to X units, rising by 120% against the year before. Over the period under review, exports showed a slight expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 195% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, liquid dispensing pump exports surged to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 134% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cook Islands (X units), Australia (X units) and Fiji (X units) were the main destinations of liquid dispensing pump exports from New Zealand, together comprising 68% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cook Islands (with a CAGR of +21.4%), while the other leaders experienced mixed trend patterns.

In value terms, Fiji ($X), Australia ($X) and China ($X) constituted the largest markets for liquid dispensing pump exported from New Zealand worldwide, together comprising 74% of total exports. These countries were followed by Cook Islands, Chile and Saudi Arabia, which together accounted for a further 7.5%.

Cook Islands, with a CAGR of +12.4%, saw 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

In 2021, the average liquid dispensing pump export price amounted to $X per unit, which is down by -7.8% against the previous year. Overall, the export price recorded a mild setback. The most prominent rate of growth was recorded in 2018 an increase of 74% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Fiji ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into New Zealand

For the fifth consecutive year, New Zealand recorded growth in overseas purchases of pumps for dispensing liquids, which increased by 39% to X units in 2021. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 107% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, liquid dispensing pump imports soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.0% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 84% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of liquid dispensing pump to New Zealand, accounting for a 36% share of total imports. Moreover, liquid dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, Australia (X units), threefold. The third position in this ranking was held by Italy (X units), with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+25.5% per year) and Italy (+15.7% per year).

In value terms, Australia ($X), the United States ($X) and China ($X) constituted the largest liquid dispensing pump suppliers to New Zealand, with a combined 57% share of total imports. These countries were followed by Italy, Singapore, Germany, Japan, Israel, Spain, Slovenia and Malaysia, which together accounted for a further 25%.

Among the main suppliers, Slovenia, with a CAGR of +56.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average liquid dispensing pump import price stood at $X per unit in 2021, shrinking by -12.7% against the previous year. Overall, the import price faced a deep contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 32% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-12.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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