New Zealand: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in New Zealand

The New Zealand transportation vehicle body market contracted modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, showed a resilient expansion. Transportation vehicle body consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Transportation Vehicle Body Production in New Zealand

In value terms, transportation vehicle body production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Transportation Vehicle Body Exports

Exports from New Zealand

In 2022, overseas shipments of bodies for motor vehicles for the transporting people increased by X% to X units, rising for the second consecutive year after five years of decline. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, transportation vehicle body exports surged to $X in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for transportation vehicle body exports from New Zealand, accounting for a X% share of total exports. It was followed by Fiji (X units), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%.

In value terms, Australia ($X) remains the key foreign market for bodies for motor vehicles for the transporting people exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to X%.

Export Prices by Country

The average transportation vehicle body export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Fiji stood at $X per unit.

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

Transportation Vehicle Body Imports

Imports into New Zealand

In 2022, approx. X units of bodies for motor vehicles for the transporting people were imported into New Zealand; picking up by X% compared with the previous year's figure. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, transportation vehicle body imports surged to $X in 2022. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Africa (X units), Thailand (X units) and the United States (X units) were the main suppliers of transportation vehicle body imports to New Zealand, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest transportation vehicle body suppliers to New Zealand were Thailand ($X), South Africa ($X) and the United States ($X), together accounting for X% of total imports.

In terms of the main suppliers, South Africa, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average transportation vehicle body import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat 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 Australia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :