New Zealand: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in New Zealand

The New Zealand wood slicing machine market shrank modestly to $X in 2021, falling by -2.6% 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). In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +67.7% against 2019 indices. Wood slicing machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Wood Slicing Machine Exports

Exports from New Zealand

Wood slicing machine exports from New Zealand dropped markedly to X units in 2021, which is down by -25.3% against 2020. In general, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 616% 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, wood slicing machine exports reduced to $X in 2021. Over the period under review, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 414% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), Germany (X units) and Australia (X units) were the main destinations of wood slicing machine exports from New Zealand, together accounting for 70% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +34.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood slicing machine exported from New Zealand were Norway ($X), Germany ($X) and Australia ($X), with a combined 69% share of total exports. These countries were followed by the United States, the UK, Vanuatu, China, Fiji and Vietnam, which together accounted for a further 29%.

China, with a CAGR of +53.0%, saw the highest growth rate of 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 wood slicing machine export price amounted to $X per unit, with an increase of 16% against the previous year. Overall, the export price saw a pronounced increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 434%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the United States ($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 China (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into New Zealand

In 2021, approx. X units of splitting, slicing or paring machines were imported into New Zealand; falling by -8.6% compared with 2020 figures. Overall, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, wood slicing machine imports declined modestly to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +46.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest wood slicing machine supplier to New Zealand, accounting for a 88% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.0%.

In value terms, China ($X) constituted the largest supplier of splitting, slicing or paring machines to New Zealand, comprising 48% of total imports. The second position in the ranking was taken by the United States ($X), with a 3.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.7%.

Import Prices by Country

In 2021, the average wood slicing machine import price amounted to $X per unit, increasing by 6.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 23%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.7%).

Source: IndexBox Platform

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