New Zealand: Refrigerator Or Freezer Market 2022

Refrigerator Or Freezer Market Size in New Zealand

The New Zealand refrigerator or freezer market soared to $X in 2021, surging by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Refrigerator Or Freezer Production in New Zealand

In value terms, refrigerator or freezer production soared to $X in 2021 estimated in export price. In general, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Refrigerator Or Freezer Exports

Exports from New Zealand

In 2021, approx. X kg of furniture designed to receive refrigerating or freezing equipment were exported from New Zealand; waning by -X% compared with 2020 figures. Overall, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, refrigerator or freezer exports reduced markedly to $X in 2021. Over the period under review, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X kg) was the main destination for refrigerator or freezer exports from New Zealand, with a X% share of total exports. Moreover, refrigerator or freezer exports to Japan exceeded the volume sent to the second major destination, Australia (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Japan was relatively modest.

Export Prices by Country

The average refrigerator or freezer export price stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%).

Refrigerator Or Freezer Imports

Imports into New Zealand

Refrigerator or freezer imports into New Zealand surged to X tons in 2021, growing by X% against 2020. Overall, imports, however, recorded a noticeable descent. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, refrigerator or freezer imports soared to $X in 2021. In general, imports, however, saw a slight reduction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of refrigerator or freezer to New Zealand, with a X% share of total imports. Moreover, refrigerator or freezer imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), tenfold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and France (+X% per year).

In value terms, China ($X) constituted the largest supplier of refrigerator or freezer to New Zealand, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and France (+X% per year).

Import Prices by Country

The average refrigerator or freezer import price stood at $X per ton in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Italy ($X per ton) and the UK ($X per ton), while the price for China ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform