New Zealand: Motorised Invalid Carriage Market 2024

Motorised Invalid Carriage Market Size in New Zealand

The New Zealand motorised invalid carriage market dropped slightly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Motorised Invalid Carriage Production in New Zealand

In value terms, motorised invalid carriage production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Motorised Invalid Carriage Exports

Exports from New Zealand

In 2022, shipments abroad of invalid carriages motorised or mechanically propelled decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then reduced notably in the following year.

In value terms, motorised invalid carriage exports fell significantly to $X in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Australia (X units) was the main destination for motorised invalid carriage exports from New Zealand, accounting for a X% share of total exports. Moreover, motorised invalid carriage exports to Australia exceeded the volume sent to the second major destination, the UK (X units), sixfold. The third position in this ranking was taken by Samoa (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Samoa (X% per year).

In value terms, Australia ($X), the UK ($X) and the United States ($X) constituted the largest markets for motorised invalid carriage exported from New Zealand worldwide, with a combined X% share of total exports.

Among the main countries of destination, the UK, with a CAGR of X%, saw 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 motorised invalid carriage export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

Motorised Invalid Carriage Imports

Imports into New Zealand

Motorised invalid carriage imports into New Zealand stood at X units in 2022, remaining relatively unchanged against 2021 figures. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, motorised invalid carriage imports stood at $X in 2022. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the United States (X units) were the main suppliers of motorised invalid carriage imports to New Zealand, with a combined X% share of total imports. Australia, Thailand, South Africa and Denmark 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 South Africa (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and the United States ($X) were the largest motorised invalid carriage suppliers to New Zealand, together accounting for X% of total imports. Australia, Denmark, Thailand and South Africa lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 motorised invalid carriage import price amounted to $X per unit, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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