New Zealand - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

New Zealand - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Keys Price in New Zealand - 2023

Contents:

  1. Base Metal Keys Price in New Zealand (CIF) - 2022
  2. Base Metal Keys Price in New Zealand (FOB) - 2022
  3. Base Metal Keys Imports in New Zealand
  4. Base Metal Keys Exports in New Zealand

Base Metal Keys Price in New Zealand (CIF) - 2022

The average base metal keys import price stood at $40,741 per ton in 2022, reducing by -5.7% against the previous year. In general, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the maximum at $55,338 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($40,773 per ton) and the United States ($40,750 per ton), while the price for Finland ($40,735 per ton) and the UK ($40,739 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced a decline.

Base Metal Keys Price in New Zealand (FOB) - 2022

In 2022, the average base metal keys export price amounted to $64,744 per ton, increasing by 2.4% against the previous year. Overall, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of 88%. As a result, the export price attained the peak level of $168,688 per ton. From 2017 to 2022, 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 Cook Islands ($105,863 per ton), while the average price for exports to Vanuatu ($19,475 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Keys Imports in New Zealand

Base metal keys imports into New Zealand dropped to 60 tons in 2022, declining by -8.5% compared with the previous year's figure. Over the period under review, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year.

In value terms, base metal keys imports reduced to $2.5M in 2022. In general, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $2.8M, and then fell in the following year.

Import of Base Metal Keys in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3883806574958.5%
Japan532448502434-6.6%
China2432402983017.4%
Australia422395402278-13.0%
Germany275205197213-8.2%
United States74.186.211312519.0%
Thailand98.497.41211227.4%
Finland54.542.176.790.918.6%
United Kingdom51.835.357.357.53.5%
Canada16211712111.7-58.4%
Others2912413003274.0%
Total2,5912,2872,8442,454-1.8%

Top Suppliers of Base Metal Keys to New Zealand in 2022:

  1. Italy (12.2 tons)
  2. Japan (10.6 tons)
  3. China (7.4 tons)
  4. Australia (6.8 tons)
  5. Germany (5.2 tons)
  6. United States (3.1 tons)
  7. Thailand (3.0 tons)
  8. Finland (2.2 tons)
  9. United Kingdom (1.4 tons)
  10. Canada (0.3 tons)

Base Metal Keys Exports in New Zealand

In 2022, the amount of base metal keys exported from New Zealand skyrocketed to 1.7 tons, picking up by 26% on the previous year. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 156% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, base metal keys exports soared to $108K in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 163% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Base Metal Keys in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia24.419.148.045.523.1%
Cook Islands3.30.27.612.455.5%
Fiji1.50.310.210.893.1%
VanuatuN/AN/A2.29.9350.0%
United States2.61.02.08.246.6%
Samoa0.52.40.96.4133.9%
Papua New GuineaN/A4.03.64.56.1%
TongaN/A0.54.73.4160.8%
Others6.04.34.76.84.3%
Total38.231.983.910841.4%

Top Export Markets for Base Metal Keys from New Zealand in 2022:

  1. Vanuatu (507.0 kg)
  2. Australia (496.0 kg)
  3. Papua New Guinea (134.0 kg)
  4. Cook Islands (117.0 kg)
  5. Fiji (115.0 kg)
  6. Samoa (98.0 kg)
  7. Tonga (71.0 kg)
  8. United States (62.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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