New Zealand: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in New Zealand

The New Zealand steam blasting machine market shrank modestly to $X in 2021, dropping 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, consumption showed a slight slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Steam Blasting Machine Exports

Exports from New Zealand

Steam blasting machine exports from New Zealand contracted markedly to X units in 2021, declining by -65.7% compared with 2020. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 468%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, steam blasting machine exports shrank rapidly to $X in 2021. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 499% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Fiji (X units) was the main destination for steam blasting machine exports from New Zealand, with a 39% share of total exports. Moreover, steam blasting machine exports to Fiji exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. Thailand (X units) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Fiji amounted to +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-16.0% per year) and Thailand (+61.2% per year).

In value terms, the United Arab Emirates ($X), Fiji ($X) and Thailand ($X) were the largest markets for steam blasting machine exported from New Zealand worldwide, with a combined 51% share of total exports.

Thailand, with a CAGR of +88.5%, recorded 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

The average steam blasting machine export price stood at $X per unit in 2021, surging by 17% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, steam blasting machine export price increased by +76.6% against 2013 indices. The growth pace was the most rapid in 2017 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Singapore ($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 the United States (+35.7%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into New Zealand

In 2021, approx. X units of steam or sand blasting machines and similar jet-projecting machines were imported into New Zealand; which is down by -25.9% compared with 2020 figures. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 57% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then declined significantly in the following year.

In value terms, steam blasting machine imports fell to $X in 2021. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 55%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the UK (X units) and Germany (X units) were the main suppliers of steam blasting machine imports to New Zealand, with a combined 56% share of total imports. Australia, the United Arab Emirates, Italy and the United States lagged somewhat behind, together comprising a further 8.1%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +43.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of steam or sand blasting machines and similar jet-projecting machines to New Zealand, comprising 20% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.9% share of total imports. It was followed by Australia, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.1% per year) and Australia (-4.1% per year).

Import Prices by Country

The average steam blasting machine import price stood at $X per unit in 2021, rising by 35% against the previous year. In general, the import price, however, showed a mild downturn. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, 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 the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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