New Zealand: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in New Zealand

The New Zealand telephone apparatus market dropped modestly to $X in 2022, therefore, remained relatively stable 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). The market value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Telephone Apparatus Exports

Exports from New Zealand

In 2022, after two years of growth, there was significant decline in shipments abroad of telephone apparatus, when their volume decreased by -21.2% to X tons. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of X tons, and then declined significantly in the following year.

In value terms, telephone apparatus exports rose remarkably to $X in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.7% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 23%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons), the United States (X tons) and the UK (X tons) were the main destinations of telephone apparatus exports from New Zealand, with a combined 44% share of total exports. Fiji, Papua New Guinea, Hong Kong SAR, Canada, Mexico, French Polynesia, Brazil and Singapore lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for French Polynesia (with a CAGR of +56.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), the United States ($X) and Fiji ($X) were the largest markets for telephone apparatus exported from New Zealand worldwide, with a combined 83% share of total exports. Papua New Guinea, the UK, French Polynesia, Hong Kong SAR, Mexico, Canada, Singapore and Brazil lagged somewhat behind, together accounting for a further 43%.

French Polynesia, with a CAGR of +81.6%, recorded the highest growth rate of 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 2021, the average telephone apparatus export price amounted to $X per ton, falling by -13.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 20%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Brazil ($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 Papua New Guinea (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into New Zealand

Telephone apparatus imports into New Zealand dropped to X tons in 2022, declining by -2.8% compared with the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 49%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, telephone apparatus imports dropped to $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to New Zealand, accounting for a 31% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. The third position in this ranking was held by Mexico (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+6.7% per year) and Mexico (+19.0% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to New Zealand, comprising 60% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+15.9% per year) and Taiwan (Chinese) (+8.0% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, with an increase of 10% against the previous year. Overall, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price increased by +37.9% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 48%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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