Report Update: Apr 1, 2024

New Zealand - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights

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Electromagnetic Lifting Head Price in New Zealand - 2023

Electromagnetic Lifting Head Price in New Zealand (FOB) - 2022

The average electromagnetic lifting head export price stood at $41,652 per ton in 2022, rising by 15% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 27%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($41,652 per ton) and Japan ($41,652 per ton), while the average price for exports to Taiwan (Chinese) ($41,652 per ton) and South Korea ($41,652 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Price in New Zealand (CIF) - 2022

In 2022, the average electromagnetic lifting head import price amounted to $32,395 per ton, with a decrease of -3% against the previous year. In general, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 9%. Over the period under review, average import prices reached the maximum at $40,934 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 countries with the highest prices were Malaysia ($32,441 per ton) and Japan ($32,397 per ton), while the price for Taiwan (Chinese) ($32,393 per ton) and France ($32,393 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Electromagnetic Lifting Head Exports in New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas shipments of electromagnets and electromagnetic lifting heads, which increased by 46% to 2.7K tons in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 56%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, electromagnetic lifting head exports surged to $111M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electromagnetic Lifting Head in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	28.5	38.8	58.4	95.6	49.7%
South Korea	N/A	N/A	1.1	5.7	418.2%
Japan	0.8	2.8	2.8	3.4	62.0%
Taiwan (Chinese)	0.7	1.2	1.4	3.0	62.4%
Others	0.9	1.6	2.3	3.6	58.7%
Total	31.0	44.4	66.0	111	53.0%

Top Export Markets for Electromagnetic Lifting Head from New Zealand in 2022:

United States (2295.1 tons)
South Korea (136.3 tons)
Japan (81.2 tons)
Taiwan (Chinese) (72.0 tons)

Electromagnetic Lifting Head Imports in New Zealand

In 2022, approx. 162 tons of electromagnets and electromagnetic lifting heads were imported into New Zealand; picking up by 23% compared with the year before. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, electromagnetic lifting head imports surged to $5.2M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Electromagnetic Lifting Head in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,340	1,757	2,753	3,416	36.6%
China	295	240	306	346	5.5%
Italy	136	120	209	343	36.1%
Australia	246	194	550	319	9.0%
Germany	159	174	186	237	14.2%
France	26.8	10.1	14.4	174	86.6%
Taiwan (Chinese)	10.2	16.0	25.5	95.2	110.5%
Japan	160	70.2	77.4	71.1	-23.7%
Others	172	501	275	249	13.1%
Total	2,544	3,083	4,397	5,250	27.3%

Top Suppliers of Electromagnetic Lifting Head to New Zealand in 2022:

United States (105.5 tons)
China (10.7 tons)
Italy (10.6 tons)
Australia (9.8 tons)
Germany (7.3 tons)
France (5.4 tons)
Taiwan (Chinese) (2.9 tons)
Japan (2.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electromagnetic lifting head 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 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
Prodcom 27904560 -

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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