Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand - 2024

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand (CIF) - 2022
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $51,658 per unit in 2022, jumping by 43% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 UK ($94,047 per unit), while the price for Japan ($14,877 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $56,070 per unit, falling by -18.7% against the previous year. In general, the export price, however, saw a measured increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices attained the maximum at $82,085 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($110,466 per unit), while the average price for exports to Tonga ($4,239 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 Arab Emirates (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs imported into New Zealand dropped dramatically to 6.9K units, with a decrease of -44.6% compared with the year before. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of 12K units, and then fell notably in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs reduced rapidly to $358M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year. As a result, imports reached the peak of $450M, and then declined dramatically in the following year.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to New Zealand in 2022:

1. United States (2388.0 units)
2. Japan (1228.0 units)
3. United Kingdom (877.0 units)
4. Germany (861.0 units)
5. Slovakia (395.0 units)
6. Mexico (279.0 units)
7. Australia (252.0 units)
8. Belgium (147.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in New Zealand

In 2022, approx. 326 units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were exported from New Zealand; with a decrease of -62.7% compared with 2021. Overall, exports, however, saw moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 229%. As a result, the exports attained the peak of 873 units, and then contracted markedly in the following year.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs dropped to $18M in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. As a result, the exports reached the peak of $20M, and then fell in the following year.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from New Zealand in 2022:

1. Australia (168.0 units)
2. United Kingdom (34.0 units)
3. United Arab Emirates (27.0 units)
4. Indonesia (13.0 units)
5. United States (12.0 units)
6. Fiji (11.0 units)
7. Cook Islands (9.0 units)
8. Singapore (8.0 units)
9. Tonga (7.0 units)
10. Niue (6.0 units)
11. Malaysia (5.0 units)
12. Germany (5.0 units)
13. Thailand (5.0 units)

Source: IndexBox Market Intelligence Platform