Report Update Nov 1, 2024

New Zealand - Test Benches - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Test Bench Market 2024

Test Bench Market Size in New Zealand

In 2022, after three years of decline, there was significant growth in the New Zealand test bench market, when its value increased by 483% to $X. Overall, consumption enjoyed a slight increase. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Test Bench Exports

Exports from New Zealand

In 2022, test bench exports from New Zealand fell remarkably to X units, shrinking by -43.8% against the previous year. In general, exports, however, continue to indicate a moderate increase. The growth pace was the most rapid in 2021 when exports increased by 2,300% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, test bench exports declined rapidly to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of 2,167%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units), China (X units) and Australia (X units) were the main destinations of test bench exports from New Zealand, together comprising 85% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +24.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for test bench exported from New Zealand were Hong Kong SAR ($X), China ($X) and Australia ($X), together accounting for 88% of total exports.

Among the main countries of destination, China, with a CAGR of +21.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average test bench export price stood at $X per unit in 2022, dropping by -7.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 136%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Australia ($X per unit), while the average price for exports to American Samoa ($X per unit) and Germany ($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 (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Test Bench Imports

Imports into New Zealand

In 2022, after three years of decline, there was significant growth in purchases abroad of test benches, when their volume increased by 86% to X units. Over the period under review, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2014 with an increase of 181%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, test bench imports surged to $X in 2022. Overall, imports posted strong growth. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of test bench to New Zealand, accounting for a 52% share of total imports. Moreover, test bench imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Italy (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +101.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.3% per year) and Italy (+33.5% per year).

In value terms, the Netherlands ($X), the United States ($X) and Italy ($X) constituted the largest test bench suppliers to New Zealand, together comprising 74% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +94.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average test bench import price amounted to $X per unit, with an increase of 46% against the previous year. In general, the import price enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 105%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for test benches in the world?

The countries with the highest volumes of test bench consumption in 2021 were China, South Africa and the United States, with a combined 42% share of global consumption. India, Germany, Japan, Russia, Brazil, Austria, Turkey, Mexico, Democratic Republic of the Congo and South Korea lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of test benches in the world?

The countries with the highest volumes of test bench production in 2021 were China, Germany and the United States, with a combined 43% share of global production. These countries were followed by India, Japan, Russia, Austria, the Czech Republic, Brazil, Italy, South Korea, Mexico and Turkey, which together accounted for a further 34%.

What are the leading suppliers of test benches to New Zealand?

In value terms, the largest test bench suppliers to New Zealand were Germany, Sweden and Thailand, together comprising 71% of total imports. These countries were followed by Australia, the United States and Indonesia, which together accounted for a further 23%.

What is the average export price for test benches in New Zealand?

The average test bench export price stood at $2,020 per unit in 2021, surging by 1.8% against the previous year.

What is the average import price for test benches in New Zealand?

The average test bench import price stood at $17,367 per unit in 2021, falling by -52.4% against the previous year.

This report provides an in-depth analysis of the test bench market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26516620 - Test benches

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023