New Zealand: Wheelchair Market 2024

Wheelchair Market Size in New Zealand

For the fourth consecutive year, the New Zealand wheelchair market recorded growth in sales value, which increased by 8.6% to $X in 2021. In general, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.3% against 2015 indices. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in years to come.

Wheelchair Production in New Zealand

In value terms, wheelchair production fell remarkably to $X in 2021 estimated in export price. In general, production, however, showed moderate growth. The most prominent rate of growth was recorded in 2019 with an increase of 70% against the previous year. Wheelchair production peaked at $X in 2020, and then contracted significantly in the following year.

Wheelchair Exports

Exports from New Zealand

In 2021, wheelchair exports from New Zealand skyrocketed to X units, increasing by 160% compared with 2020. Overall, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wheelchair exports surged to $X in 2021. In general, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for wheelchair exports from New Zealand, accounting for a 74% share of total exports. Moreover, wheelchair exports to Australia exceeded the volume sent to the second major destination, the United States (X units), eightfold. The third position in this ranking was taken by the UK (X units), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume to Australia totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.4% per year) and the UK (+23.9% per year).

In value terms, Australia ($X) remains the key foreign market for wheelchairs exports from New Zealand, comprising 55% of total exports. The second position in the ranking was taken by the United States ($X), with a 22% share of total exports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled +22.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.3% per year) and the UK (+29.3% per year).

Export Prices by Country

In 2021, the average wheelchair export price amounted to $X per unit, declining by -33% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to French Polynesia ($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 (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wheelchair Imports

Imports into New Zealand

In 2021, purchases abroad of wheelchairs was finally on the rise to reach X units after two years of decline. Overall, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, wheelchair imports skyrocketed to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest wheelchair supplier to New Zealand, with a 46% share of total imports. Moreover, wheelchair imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold. The third position in this ranking was taken by Thailand (X units), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+1.0% per year) and Thailand (+28.6% per year).

In value terms, the largest wheelchair suppliers to New Zealand were China ($X), the United States ($X) and Taiwan (Chinese) ($X), with a combined 54% share of total imports. Australia, Belgium, Thailand, Vietnam, India and Malaysia lagged somewhat behind, together accounting for a further 23%.

Belgium, with a CAGR of +112.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheelchair import price stood at $X per unit in 2021, falling by -19% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then declined notably in the following year.

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 Australia ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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