New Zealand: Metal Treating Machine Market 2022

Metal Treating Machine Market Size in New Zealand

The New Zealand metal treating machine market surged to $X in 2021, growing by X% against the previous year. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Metal Treating Machine Production in New Zealand

In value terms, metal treating machine production skyrocketed to $X in 2021 estimated in export price. In general, production showed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Metal Treating Machine Exports

Exports from New Zealand

In 2021, metal treating machine exports from New Zealand soared to X units, with an increase of X% against the previous year. In general, exports posted a moderate expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, metal treating machine exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units), the UK (X units) and Australia (X units) were the main destinations of metal treating machine exports from New Zealand, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for metal treating machine exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by the UK, with an X% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-X% per year) and the UK (+X% per year).

Export Prices by Country

The average metal treating machine export price stood at $X per unit in 2021, dropping by -X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Treating Machine Imports

Imports into New Zealand

In 2021, overseas purchases of machines for treating metal, having individual functions were finally on the rise to reach X units after two years of decline. In general, imports saw a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal treating machine imports surged to $X in 2021. Overall, imports, however, saw a mild reduction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of metal treating machine to New Zealand, with a X% share of total imports. Moreover, metal treating machine imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Switzerland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Switzerland (+X% per year).

In value terms, the largest metal treating machine suppliers to New Zealand were the United States ($X), Switzerland ($X) and China ($X), together accounting for X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal treating machine import price amounted to $X per unit, reducing by -X% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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