New Zealand - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMotor Vehicle Engine Price in New Zealand - 2023
Contents:
- Motor Vehicle Engine Price in New Zealand (FOB) - 2023
- Motor Vehicle Engine Price in New Zealand (CIF) - 2022
- Motor Vehicle Engine Exports in New Zealand
- Motor Vehicle Engine Imports in New Zealand
Motor Vehicle Engine Price in New Zealand (FOB) - 2023
The average motor vehicle engine export price stood at $180 per unit in August 2023, dropping by -10.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 43% month-to-month. Over the period under review, the average export prices reached the peak figure at $257 per unit in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was Nigeria ($204 per unit), while the average price for exports to the United Arab Emirates totaled $172 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+0.1%).
Motor Vehicle Engine Price in New Zealand (CIF) - 2022
The average motor vehicle engine import price stood at $21 per unit in 2022, with an increase of 7% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 53%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($23 per unit), while the price for Austria ($13 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 States (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Engine Exports in New Zealand
Motor vehicle engine exports from New Zealand expanded remarkably to 651K units in 2022, surging by 6% against 2021 figures. Overall, total exports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, motor vehicle engine exports expanded remarkably to $15M in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Motor Vehicle Engine in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.8 | 3.0 | 4.2 | 5.0 | 21.3% |
| Nigeria | 3.0 | 0.7 | 3.0 | 3.6 | 6.3% |
| United States | 1.1 | 0.4 | 2.6 | 3.0 | 39.7% |
| Fiji | 0.4 | 0.2 | 0.7 | 0.9 | 31.0% |
| Japan | 1.0 | 0.2 | 0.5 | 0.7 | -11.2% |
| China | 0.3 | 0.9 | 0.3 | 0.6 | 26.0% |
| United Kingdom | 0.5 | 0.2 | 0.1 | 0.3 | -15.7% |
| Malaysia | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Others | 1.3 | 1.3 | 1.8 | 0.5 | -27.3% |
| Total | 10.6 | 7.3 | 13.4 | 15.0 | 12.3% |
Top Export Markets for Motor Vehicle Engine from New Zealand in 2022:
- Australia (219.3K units)
- Nigeria (145.8K units)
- United States (142.9K units)
- Fiji (39.4K units)
- China (30.1K units)
- Japan (27.9K units)
- Malaysia (13.2K units)
- United Kingdom (12.1K units)
Motor Vehicle Engine Imports in New Zealand
In 2022, motor vehicle engine imports into New Zealand rose significantly to 368K units, increasing by 5.7% against the year before. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, imports reached the peak figure at 400K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, motor vehicle engine imports expanded sharply to $7.6M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Motor Vehicle Engine in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,219 | 1,339 | 1,841 | 2,128 | -1.4% |
| Japan | 1,091 | 943 | 983 | 1,100 | 0.3% |
| Thailand | 280 | 373 | 698 | 733 | 37.8% |
| United Kingdom | 611 | 619 | 658 | 712 | 5.2% |
| Australia | 470 | 293 | 390 | 489 | 1.3% |
| South Korea | 242 | 159 | 378 | 401 | 18.3% |
| Mexico | 490 | 278 | 267 | 398 | -6.7% |
| Germany | 325 | 346 | 312 | 363 | 3.8% |
| Italy | 257 | 205 | 314 | 332 | 8.9% |
| China | 252 | 163 | 309 | 316 | 7.8% |
| Austria | 195 | 215 | 121 | 236 | 6.6% |
| Others | 261 | 469 | 460 | 404 | 15.7% |
| Total | 6,693 | 5,403 | 6,731 | 7,613 | 4.4% |
Top Suppliers of Motor Vehicle Engine to New Zealand in 2022:
- United States (96.3K units)
- Japan (51.3K units)
- Thailand (31.3K units)
- United Kingdom (31.0K units)
- Australia (23.6K units)
- Italy (23.0K units)
- China (22.6K units)
- Mexico (18.9K units)
- Austria (18.3K units)
- South Korea (17.1K units)
- Germany (16.9K units)
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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