New Zealand: Wheeled Loader Market 2024

Wheeled Loader Market Size in New Zealand

In 2021, the New Zealand wheeled loader market increased by 125% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption posted a buoyant expansion. Wheeled loader consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Wheeled Loader Exports

Exports from New Zealand

In 2021, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were exported from New Zealand; with a decrease of -16.4% compared with 2020. Over the period under review, exports, however, showed notable growth. The most prominent rate of growth was recorded in 2020 when exports increased by 113%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wheeled loader exports contracted sharply to $X in 2021. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 136% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units) was the main destination for wheeled loader exports from New Zealand, accounting for a 39% share of total exports. Moreover, wheeled loader exports to Australia exceeded the volume sent to the second major destination, Tonga (X units), twofold. The third position in this ranking was held by Pakistan (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tonga (+23.5% per year) and Pakistan (+23.1% per year).

In value terms, Australia ($X) remains the key foreign market for wheeled loaders, crawler shovel loaders, front-end loaders exports from New Zealand, comprising 52% of total exports. The second position in the ranking was taken by Samoa ($X), with an 11% share of total exports. It was followed by Tonga, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Samoa (+11.9% per year) and Tonga (+20.3% per year).

Export Prices by Country

In 2021, the average wheeled loader export price amounted to $X per unit, reducing by -21.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was American Samoa ($X per unit), while the average price for exports to Malaysia ($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 Samoa (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into New Zealand

In 2021, supplies from abroad of wheeled loaders, crawler shovel loaders, front-end loaders was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports showed a resilient expansion. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wheeled loader imports skyrocketed to $X in 2021. In general, imports continue to indicate resilient growth. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of wheeled loader to New Zealand, accounting for a 33% share of total imports. Moreover, wheeled loader imports from Japan exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The third position in this ranking was held by China (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+9.4% per year) and China (+15.7% per year).

In value terms, Japan ($X), China ($X) and Sweden ($X) constituted the largest wheeled loader suppliers to New Zealand, together accounting for 59% of total imports. These countries were followed by the United States, South Korea, Germany, Finland and the UK, which together accounted for a further 30%.

In terms of the main suppliers, Finland, with a CAGR of +88.0%, saw 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 2021, the average wheeled loader import price amounted to $X per unit, surging by 14% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 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 ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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