New Zealand: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2024

Market Size for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in New Zealand

In 2022, the New Zealand market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then plummeted in the following year.

Exports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Exports from New Zealand

In 2022, the amount of hydraulic pumps (gear or vane) and other rotary positive displacement pumps exported from New Zealand declined significantly to X units, dropping by X% against the previous year's figure. In general, exports saw a deep reduction. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps dropped rapidly to $X in 2022. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Fiji (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from New Zealand, accounting for a X% share of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Fiji exceeded the volume sent to the second major destination, Samoa (X units), sevenfold. The third position in this ranking was held by Cook Islands (X units), with an X% share.

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

In value terms, Australia ($X) emerged as the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Samoa ($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 Solomon Islands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Imports into New Zealand

In 2022, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were imported into New Zealand; with a decrease of X% on the previous year's figure. In general, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps contracted markedly to $X in 2022. Overall, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Japan (X units), the United States (X units) and China (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to New Zealand, with a combined X% share of total imports. Italy, Taiwan (Chinese), Mexico, South Korea, Canada, Germany, Thailand, Australia and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to New Zealand, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, remaining stable against the previous year. In general, the import price, however, saw prominent growth. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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