Report Update: May 1, 2024

New Zealand - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights

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Price for Electrical Board and Console in New Zealand - 2023

Price for Electrical Board and Console in New Zealand (CIF) - 2022

The average electrical board and console import price stood at $272 per unit in 2022, waning by -8.4% against the previous year. Over the period under review, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 an increase of 12%. The import price peaked at $412 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($272 per unit) and Indonesia ($272 per unit), while the price for China ($272 per unit) and France ($272 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electrical Board and Console in New Zealand (FOB) - 2022

In 2022, the average electrical board and console export price amounted to $267 per unit, picking up by 5.5% against the previous year. In general, the export price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2015 an increase of 46%. As a result, the export price reached the peak level of $589 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brunei Darussalam ($267 per unit) and Australia ($267 per unit), while the average price for exports to Singapore ($267 per unit) and the UK ($267 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Board and Console in New Zealand

In 2022, imports of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v into New Zealand surged to 89K units, increasing by 26% compared with 2021. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical board and console imports surged to $24M in 2022. The total import value increased at an average annual rate of +13.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Electrical Board and Console in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.1	2.5	6.2	10.8	38.1%
Germany	6.4	9.2	4.0	4.6	-10.4%
Australia	2.7	1.1	7.4	3.6	10.1%
Indonesia	N/A	N/A	1.2	1.7	41.7%
Turkey	0.4	0.2	0.8	1.3	48.1%
Netherlands	0.3	0.3	0.3	0.6	26.0%
Japan	1.6	1.7	0.1	N/A	-75.0%
Poland	N/A	5.1	N/A	N/A	0%
Others	1.2	0.7	0.9	1.6	10.1%
Total	16.7	20.8	20.9	24.1	13.0%

Top Suppliers of Electrical Board and Console to New Zealand in 2022:

Japan (undefinedK units)
China (39.8K units)
Germany (17.1K units)
Australia (13.2K units)
Indonesia (6.2K units)
Turkey (4.6K units)
Netherlands (2.2K units)

Exports of Electrical Board and Console in New Zealand

In 2022, approx. 26K units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v were exported from New Zealand; rising by 63% against 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical board and console exports soared to $6.9M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Board and Console in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	954	2,162	1,961	2,437	36.7%
Papua New Guinea	220	76.5	26.8	744	50.1%
Fiji	56.4	227	511	532	111.3%
United Kingdom	67.6	235	240	474	91.4%
United States	7.7	71.3	14.7	347	255.9%
Solomon Islands	N/A	N/A	N/A	341	0%
South Africa	31.3	2.1	83.9	322	117.5%
Hong Kong SAR	52.2	48.5	270	248	68.1%
Chile	N/A	N/A	N/A	206	0%
Tonga	N/A	8.6	78.5	192	372.5%
China	N/A	12.1	13.1	182	287.8%
Singapore	9.6	247	21.4	143	146.0%
Brunei Darussalam	N/A	N/A	N/A	129	0%
Others	1,800	1,420	803	619	-29.9%
Total	3,198	4,511	4,023	6,916	29.3%

Top Export Markets for Electrical Board and Console from New Zealand in 2022:

Australia (9.1K units)
Papua New Guinea (2.8K units)
Fiji (2.0K units)
United Kingdom (1.8K units)
United States (1.3K units)
Solomon Islands (1.3K units)
South Africa (1.2K units)
Hong Kong SAR (0.9K units)
Chile (0.8K units)
Tonga (0.7K units)
China (0.7K units)
Singapore (0.5K units)
Brunei Darussalam (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV

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
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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