Cranes; Tower Cranes Price in New Zealand - 2023

Contents:

  1. Cranes; Tower Cranes Price in New Zealand (CIF) - 2022
  2. Cranes; Tower Cranes Price in New Zealand (FOB) - 2022
  3. Cranes; Tower Cranes Imports in New Zealand
  4. Cranes; Tower Cranes Exports in New Zealand

Cranes; Tower Cranes Price in New Zealand (CIF) - 2022

In 2022, the average cranes; tower cranes import price amounted to $93,549 per unit, shrinking by -19.9% against the previous year. Overall, the import price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $144,531 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($805,568 per unit), while the price for Malaysia ($65,302 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+47.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Price in New Zealand (FOB) - 2022

In 2022, the average cranes; tower cranes export price amounted to $27,823 per unit, growing by 16% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 147%. Over the period under review, the average export prices reached the peak figure at $76,933 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($346,211 per unit), while the average price for exports to Tonga ($1,263 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+11.3%), while the prices for the other major destinations experienced a decline.

Cranes; Tower Cranes Imports in New Zealand

In 2022, supplies from abroad of cranes; tower craneses decreased by 0% to 108 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 275% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, cranes; tower cranes imports declined significantly to $10M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 224%. Over the period under review, imports hit record highs at $13M in 2021, and then reduced remarkably in the following year.

Import of Cranes; Tower Cranes in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7211,4003,4713,54370.0%
Australia38.34401,5991,632249.3%
Italy65.79591,4261,455180.8%
China1714671,1051,12887.5%
France5031,3011,0931,11630.4%
Netherlands4538085654791.9%
Germany31.01,30835.5401134.7%
United States1942921232417.5%
Others1646143,15886.3-19.3%
Total2,3417,58812,57510,08162.7%

Top Suppliers of Cranes; Tower Cranes to New Zealand in 2022:

  1. Spain (47.0 units)
  2. Italy (20.0 units)
  3. Australia (16.0 units)
  4. China (15.0 units)
  5. Netherlands (3.0 units)
  6. United States (2.0 units)
  7. Germany (2.0 units)
  8. France (1.0 units)

Cranes; Tower Cranes Exports in New Zealand

Cranes; tower cranes exports from New Zealand dropped to 12 units in 2022, with a decrease of -14.3% against the previous year's figure. Over the period under review, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 17%. The exports peaked at 33 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cranes; tower cranes exports dropped to $332K in 2022. In general, exports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 8.6% against the previous year. The exports peaked at $1.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Cranes; Tower Cranes in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1,128108113156-48.3%
Singapore263143163127-21.5%
Tonga12.36.26.64.8-26.9%
Kiribati1.41.51.40.9-13.7%
Netherlands25.9N/AN/AN/A0%
Others12158.960.642.7-29.3%
Total1,552318345332-40.2%

Top Export Markets for Cranes; Tower Cranes from New Zealand in 2022:

  1. Singapore (7.0 units)
  2. Tonga (4.0 units)
  3. Kiribati (1.0 units)

Source: IndexBox Market Intelligence Platform

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