New Zealand: Manostat Market 2024

Manostat Market Size in New Zealand

The New Zealand manostat market skyrocketed to $X in 2022, with an increase of 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 saw a tangible increase. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Manostat Exports

Exports from New Zealand

In 2022, the amount of manostats exported from New Zealand declined rapidly to X units, waning by X% compared with the previous year's figure. Overall, exports showed a perceptible setback. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, manostat exports fell significantly to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Papua New Guinea (X units) was the main destination for manostat exports from New Zealand, with a X% share of total exports. Moreover, manostat exports to Papua New Guinea exceeded the volume sent to the second major destination, Fiji (X units), threefold. The third position in this ranking was taken by Canada (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Papua New Guinea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Canada (X% per year).

In value terms, Papua New Guinea ($X) emerged as the key foreign market for manostats exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Papua New Guinea stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average manostat export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price showed a perceptible contraction. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

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 Australia ($X per unit), while the average price for exports to Canada ($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 Fiji (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Manostat Imports

Imports into New Zealand

For the third year in a row, New Zealand recorded growth in purchases abroad of manostats, which increased by X% to X units in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, manostat imports skyrocketed to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value 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 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of manostat to New Zealand, accounting for a X% share of total imports. Moreover, manostat imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, the largest manostat suppliers to New Zealand were the United States ($X), Italy ($X) and Slovakia ($X), together comprising X% of total imports.

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average manostat import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform