New Zealand: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2024

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in New Zealand

In 2022, the New Zealand market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA increased by X% to $X, rising for the fifth year in a row after three years of decline. Overall, consumption posted resilient growth. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over X kVA in New Zealand

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA declined to $X in 2022 estimated in export price. Over the period under review, production, however, posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Production of peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports from New Zealand

For the third consecutive year, New Zealand recorded decline in shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, which decreased by X% to X units in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

South Korea (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from New Zealand, accounting for a X% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to South Korea exceeded the volume sent to the second major destination, Cook Islands (X units), sixfold. The third position in this ranking was held by Tanzania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (X% per year) and Tanzania (X% per year).

In value terms, South Korea ($X) emerged as the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by Cook Islands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Cook Islands (X% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 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 Tanzania ($X per unit), while the average price for exports to Vietnam ($X 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 Cook Islands (X%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports into New Zealand

Imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA into New Zealand soared to X units in 2022, with an increase of X% on the previous year. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA declined sharply to $X in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Australia (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to New Zealand, with a combined X% share of total imports. Indonesia, Taiwan (Chinese), South Korea and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA suppliers to New Zealand were Australia ($X), Indonesia ($X) and China ($X), with a combined X% share of total imports.

China, 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

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average 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 South Korea ($X per unit), while the price for France ($X per unit) was 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