Pumps; Parts Thereof Price in New Zealand - 2023
Contents:
- Pumps; Parts Thereof Price in New Zealand (CIF) - 2022
- Pumps; Parts Thereof Price in New Zealand (FOB) - 2022
- Pumps; Parts Thereof Imports in New Zealand
- Pumps; Parts Thereof Exports in New Zealand
Pumps; Parts Thereof Price in New Zealand (CIF) - 2022
In 2022, the average pumps; parts thereof import price amounted to $28,289 per ton, with a decrease of -11.3% against the previous year. Overall, the import price showed a deep downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 14%. The import price peaked at $47,740 per ton in 2012; however, from 2013 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 highest price was recorded for prices from Denmark ($28,289 per ton) and Australia ($28,289 per ton), while the price for Japan ($28,288 per ton) and Taiwan (Chinese) ($28,289 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Pumps; Parts Thereof Price in New Zealand (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $44,573 per ton, waning by -25% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 61% against the previous year. As a result, the export price reached the peak level of $71,494 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($76,940 per ton), while the average price for exports to Fiji ($41,011 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in New Zealand
In 2022, approx. 1.1K tons of pumps; parts thereoves were imported into New Zealand; growing by 20% against the year before. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, pumps; parts thereof imports expanded markedly to $31M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Pumps; Parts Thereof in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.2 | 4.2 | 6.0 | 6.1 | 13.2% |
| United States | 4.2 | 3.7 | 4.2 | 4.7 | 3.8% |
| China | 2.4 | 2.7 | 2.8 | 3.0 | 7.7% |
| Italy | 2.1 | 1.9 | 2.5 | 2.7 | 8.7% |
| Germany | 1.9 | 2.1 | 2.3 | 2.3 | 6.6% |
| Sweden | 1.1 | 1.8 | 2.1 | 2.2 | 26.0% |
| Netherlands | 0.5 | 0.5 | 0.9 | 1.4 | 40.9% |
| United Kingdom | 1.0 | 0.7 | 1.2 | 1.3 | 9.1% |
| Denmark | 0.9 | 0.9 | 0.9 | 1.0 | 3.6% |
| Japan | 1.2 | 0.8 | 0.7 | 0.8 | -12.6% |
| France | 0.7 | 0.5 | 0.4 | 0.6 | -5.0% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Others | 3.2 | 3.7 | 4.6 | 4.3 | 10.4% |
| Total | 23.7 | 23.7 | 29.2 | 31.1 | 9.5% |
Top Suppliers of Pumps; Parts Thereof to New Zealand in 2022:
- Australia (213.9 tons)
- United States (167.9 tons)
- China (107.3 tons)
- Italy (95.0 tons)
- Germany (82.3 tons)
- Sweden (77.9 tons)
- Netherlands (50.4 tons)
- United Kingdom (44.7 tons)
- Denmark (36.5 tons)
- Japan (28.4 tons)
- France (21.5 tons)
- Taiwan (Chinese) (18.7 tons)
Pumps; Parts Thereof Exports in New Zealand
In 2022, shipments abroad of pumps; parts thereoves was finally on the rise to reach 220 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pumps; parts thereof exports surged to $9.8M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +42.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pumps; Parts Thereof in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.1 | 3.2 | 3.7 | 5.2 | 18.8% |
| United States | 1.3 | 0.8 | 1.0 | 1.7 | 9.4% |
| Fiji | 0.6 | 0.6 | 0.4 | 0.9 | 14.5% |
| China | 0.4 | 0.5 | 0.6 | 0.3 | -9.1% |
| Brazil | N/A | N/A | N/A | 0.2 | 0% |
| United Kingdom | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Others | 1.5 | 1.8 | 1.0 | 1.4 | -2.3% |
| Total | 7.1 | 6.9 | 7.0 | 9.8 | 11.3% |
Top Export Markets for Pumps; Parts Thereof from New Zealand in 2022:
- Australia (119.8 tons)
- United States (37.1 tons)
- Fiji (21.1 tons)
- China (7.6 tons)
- Brazil (3.5 tons)
- United Kingdom (1.1 tons)
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