New Zealand: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2024

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in New Zealand

The New Zealand transporter and bridge cranes market dropped to $X in 2021, waning by -9.4% against the previous year. Overall, consumption, however, saw mild growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in New Zealand

In value terms, transporter and bridge cranes production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2017 with an increase of 153% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from New Zealand

Transporter and bridge cranes exports from New Zealand surged to X units in 2021, with an increase of 198% compared with the previous year. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,908%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, transporter and bridge cranes exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 1,661%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Samoa (X units), the United Arab Emirates (X units) and Australia (X units) were the main destinations of transporter and bridge cranes exports from New Zealand, together accounting for 89% of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +33.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Samoa ($X) emerged as the key foreign market for transporter cranes, gantry cranes and bridge cranes exports from New Zealand, comprising 54% of total exports. The second position in the ranking was held by Australia ($X), with a 17% share of total exports. It was followed by the United Arab Emirates, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Samoa stood at +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+45.0% per year) and the United Arab Emirates (-29.0% per year).

Export Prices by Country

The average transporter and bridge cranes export price stood at $X per unit in 2021, picking up by 33% against the previous year. Over the period under review, the export price saw a moderate increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 399%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per unit), while the average price for exports to the United Arab Emirates ($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 Fiji (+68.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into New Zealand

After two years of growth, purchases abroad of transporter cranes, gantry cranes and bridge cranes decreased by -95.1% to X units in 2021. Overall, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 18,450% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, transporter and bridge cranes imports shrank significantly to $X in 2021. In general, imports, however, saw a measured expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 22,747%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X units), Australia (X units) and Germany (X units) were the main suppliers of transporter and bridge cranes imports to New Zealand, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +34.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Australia ($X), the United States ($X) and Germany ($X) constituted the largest transporter and bridge cranes suppliers to New Zealand, together comprising 94% of total imports.

Australia, with a CAGR of +26.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average transporter and bridge cranes import price stood at $X per unit in 2021, declining by -39.5% against the previous year. Overall, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2020 an increase of 169%. Over the period under review, average import prices reached 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 Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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