New Zealand: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2024

Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in New Zealand

The New Zealand market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) shrank markedly to $X in 2022, reducing 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 recorded a abrupt decline. Consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Exports from New Zealand

In 2022, overseas shipments of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, LCD or LED indicator panel exports expanded notably to $X in 2022. Overall, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Australia (X units) was the main destination for LCD or LED indicator panel exports from New Zealand, accounting for a X% share of total exports. Moreover, LCD or LED indicator panel exports to Australia exceeded the volume sent to the second major destination, Sweden (X units), twofold. The United States (X units) ranked third in terms of total exports with an X% share.

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

In value terms, Sweden ($X) remains the key foreign market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Australia ($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 rate of growth in terms of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Hong Kong SAR ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD)

Imports into New Zealand

In 2022, purchases abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) decreased by X% to X units, falling for the fourth consecutive year after two years of growth. In general, imports faced a deep reduction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, LCD or LED indicator panel imports declined remarkably to $X in 2022. Overall, imports, however, showed moderate growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

China (X units), Hong Kong SAR (X units) and Australia (X units) were the main suppliers of LCD or LED indicator panel imports to New Zealand, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, 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: Australia (X% per year) and the United States (X% per year).

Import Prices by Country

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for the Netherlands ($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

Frequently Asked Questions (FAQ) :