New Zealand: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in New Zealand

In 2022, the New Zealand scrapers excavator market increased by 2.5% to $X, rising for the second consecutive year after six years of decline. Overall, consumption, however, continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Scrapers Excavator Production in New Zealand

In value terms, scrapers excavator production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 13% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Scrapers Excavator Exports

Exports from New Zealand

In 2022, overseas shipments of scrapers earth moving, excavating, extracting machinery (not self-propelled) increased by 186% to X units for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, faced a deep contraction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, scrapers excavator exports soared to $X in 2022. Over the period under review, exports, however, showed a deep slump. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Vanuatu (X units) and Australia (X units) were the main destinations of scrapers excavator exports from New Zealand, with a combined 58% share of total exports. China, Germany, Austria and Fiji lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Vanuatu ($X) and Australia ($X) constituted the largest markets for scrapers excavator exported from New Zealand worldwide, together comprising 59% of total exports. China, Germany, Austria and Fiji lagged somewhat behind, together accounting for a further 28%.

China, with a CAGR of +45.0%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average scrapers excavator export price amounted to $X per unit, with an increase of 4.3% against the previous year. Overall, the export price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 86%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($X per unit) and Germany ($X per unit), while the average price for exports to Vanuatu ($X per unit) and Fiji ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Scrapers Excavator Imports

Imports into New Zealand

In 2022, the amount of scrapers earth moving, excavating, extracting machinery (not self-propelled) imported into New Zealand skyrocketed to X units, surging by 17% against the year before. Over the period under review, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 210%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, scrapers excavator imports skyrocketed to $X in 2022. In general, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 195%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of scrapers excavator to New Zealand, with a 62% share of total imports. Moreover, scrapers excavator imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Australia (X units), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+34.6% per year) and Australia (+16.7% per year).

In value terms, the United States ($X) constituted the largest supplier of scrapers earth moving, excavating, extracting machinery (not self-propelled) to New Zealand, comprising 62% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Australia, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.6% per year) and Australia (+14.8% per year).

Import Prices by Country

In 2022, the average scrapers excavator import price amounted to $X per unit, increasing by 1.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 19%. 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 remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per unit) and the United States ($X per unit), while the price for the UK ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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