New Zealand: Market for Turbo-Jets Of A Thrust Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Exceeding 25 kN in New Zealand

The New Zealand turbo-jet (over X kn) market reduced slightly to $X in 2021, falling by -1.8% 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). Over the period under review, consumption showed a mild expansion. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Exports of Turbo-Jets Of A Thrust Exceeding 25 kN

Exports from New Zealand

In 2021, exports of turbo-jets of a thrust exceeding X kn from New Zealand surged to X units, increasing by 550% against the year before. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, turbo-jet (over X kn) exports surged to $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 17,770% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X units) was the main destination for turbo-jet (over X kn) exports from New Zealand, accounting for a 62% share of total exports. Moreover, turbo-jet (over X kn) exports to Australia exceeded the volume sent to the second major destination, the United States (X units), threefold. Serbia (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.7% per year) and Serbia (0.0% per year).

In value terms, Australia ($X), Serbia ($X) and the United States ($X) constituted the largest markets for turbo-jet (over X kn) exported from New Zealand worldwide, with a combined 99% share of total exports. Germany lagged somewhat behind, accounting for a further 1.2%.

Germany, with a CAGR of +220.2%, recorded the highest rates of growth with regard to 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

The average turbo-jet (over X kn) export price stood at $X per unit in 2021, growing by 355% against the previous year. In general, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 4,774%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to Germany ($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 Germany (+274.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Exceeding 25 kN

Imports into New Zealand

Turbo-jet (over X kn) imports into New Zealand skyrocketed to X units in 2021, picking up by 48% against 2020. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 100%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, turbo-jet (over X kn) imports contracted markedly to $X in 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 200% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then declined rapidly in the following year.

Imports by Country

In 2021, the United States (X units) was the main turbo-jet (over X kn) supplier to New Zealand, with a 91% share of total imports. Moreover, turbo-jet (over X kn) imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-16.4% per year) and Canada (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust exceeding X kn to New Zealand, comprising 87% of total imports. The second position in the ranking was held by the UK ($X), with a 12% share of total imports. It was followed by Canada, with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-19.1% per year) and Canada (+23.5% per year).

Import Prices by Country

The average turbo-jet (over X kn) import price stood at $X per unit in 2021, dropping by -65% against the previous year. Overall, the import price showed a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 143%. The import price peaked at $X per unit in 2020, and then dropped significantly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+137.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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