Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $59 per unit in 2022, approximately equating the previous year. Overall, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $91 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 the United States ($370 per unit), while the price for China ($33 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 (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $207 per unit in 2022, flattening at the previous year. Overall, the export price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2019 an increase of 91%. As a result, the export price attained the peak level of $486 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($537 per unit), while the average price for exports to Cook Islands ($56 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 the United States (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand
Imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into New Zealand contracted sharply to 24K units in 2022, declining by -31.4% against the previous year. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 35K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined notably to $1.4M in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 891 | 631 | 1,000 | 440 | -21.0% |
| Taiwan (Chinese) | 357 | 197 | 307 | 374 | 1.6% |
| United States | 431 | 257 | 377 | 283 | -13.1% |
| Japan | 88.1 | 93.3 | 173 | 60.3 | -11.9% |
| Australia | 96.1 | 34.9 | 68.2 | 42.6 | -23.8% |
| Netherlands | 16.2 | 29.3 | 17.7 | 11.8 | -10.0% |
| Others | 202 | 174 | 119 | 183 | -3.2% |
| Total | 2,081 | 1,417 | 2,061 | 1,395 | -12.5% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to New Zealand in 2022:
- China (13.4K units)
- Taiwan (Chinese) (7.8K units)
- United States (0.8K units)
- Japan (0.5K units)
- Australia (0.3K units)
- Netherlands (0.3K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand
For the fourth year in a row, New Zealand recorded growth in shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 16% to 747 units in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 110%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $155K in 2022. Overall, exports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 45.9 | 31.4 | 27.5 | 143 | 46.1% |
| Samoa | 4.5 | 1.4 | 12.2 | 3.0 | -12.6% |
| Fiji | 46.0 | 1.1 | 69.2 | 3.0 | -59.7% |
| Cook Islands | 2.2 | 5.5 | 2.1 | 2.9 | 9.6% |
| Tonga | 3.4 | 5.0 | 8.0 | 0.6 | -43.9% |
| Vanuatu | N/A | 0.1 | 5.0 | 0.2 | 41.4% |
| New Caledonia | N/A | 9.6 | N/A | N/A | 0% |
| Others | 38.0 | 0.6 | 8.2 | 2.2 | -61.3% |
| Total | 140 | 54.7 | 132 | 155 | 3.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from New Zealand in 2022:
- Australia (647.0 units)
- Cook Islands (51.0 units)
- Fiji (27.0 units)
- Samoa (10.0 units)
- Tonga (7.0 units)
- Vanuatu (1.0 units)
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