New Zealand: Screwdriver Market 2025

Screwdriver Market Size in New Zealand

In 2021, the New Zealand screwdriver market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Screwdriver Exports

Exports from New Zealand

In 2021, overseas shipments of screwdrivers decreased by -9.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2016 when exports increased by 225%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, screwdriver exports fell remarkably to $X in 2021. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 141%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for screwdriver exports from New Zealand, with a 50% share of total exports. Moreover, screwdriver exports to Australia exceeded the volume sent to the second major destination, Japan (X kg), fivefold. Cook Islands (X kg) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+73.2% per year) and Cook Islands (+3.0% per year).

In value terms, Australia ($X) remains the key foreign market for screwdrivers exports from New Zealand, comprising 46% of total exports. The second position in the ranking was held by Thailand ($X), with an 11% share of total exports. It was followed by Japan, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to Australia amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+149.9% per year) and Japan (+75.2% per year).

Export Prices by Country

In 2021, the average screwdriver export price amounted to $X per ton, dropping by -33.3% against the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 227% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into New Zealand

In 2021, screwdriver imports into New Zealand surged to X tons, increasing by 55% compared with 2020. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, screwdriver imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest screwdriver supplier to New Zealand, accounting for a 47% share of total imports. Moreover, screwdriver imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.2% per year) and Taiwan (Chinese) (+2.3% per year).

In value terms, China ($X) constituted the largest supplier of screwdrivers to New Zealand, comprising 47% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.7% per year) and Taiwan (Chinese) (+4.4% per year).

Import Prices by Country

In 2021, the average screwdriver import price amounted to $X per ton, increasing by 5.7% against the previous year. In general, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, screwdriver import price decreased by -10.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 25%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the price for New Caledonia ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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