New Zealand: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in New Zealand

The New Zealand market for buckets, shovels, grabs and grips for ships derricks and cranes soared to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a significant increase. Ship derrick buckets and shovels consumption peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports from New Zealand

In 2022, overseas shipments of buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a slight slump. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then contracted markedly in the following year.

In value terms, ship derrick buckets and shovels exports declined dramatically to $X in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units), the United States (X units) and Uruguay (X units) were the main destinations of ship derrick buckets and shovels exports from New Zealand, together comprising X% of total exports. French Polynesia, Norway, the UK and American Samoa lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for ship derrick buckets and shovels exported from New Zealand were Australia ($X), the United States ($X) and Uruguay ($X), with a combined X% share of total exports. French Polynesia, Norway, the UK and American Samoa lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per unit) and Uruguay ($X per unit), while the average price for exports to American Samoa ($X per unit) and French Polynesia ($X 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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports into New Zealand

In 2022, ship derrick buckets and shovels imports into New Zealand surged to X units, rising by X% against 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, ship derrick buckets and shovels imports surged to $X in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

India (X units), China (X units) and Australia (X units) were the main suppliers of ship derrick buckets and shovels imports to New Zealand, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ship derrick buckets and shovels suppliers to New Zealand were India ($X), China ($X) and Australia ($X), together accounting for X% of total imports.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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 import price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per unit) and India ($X per unit), while the price for China ($X per unit) and South Korea ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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