New Zealand: Mounted Piezo-Electric Crystals Market 2023

Mounted Piezo-Electric Crystals Market Size in New Zealand

The New Zealand mounted piezo-electric crystals market rose to $X in 2021, with an increase of 3.6% against the previous year. Over the period under review, consumption saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mounted Piezo-Electric Crystals Production in New Zealand

In value terms, mounted piezo-electric crystals production stood at less than $X in 2021 estimated in export price. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 180% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Mounted Piezo-Electric Crystals Exports

Exports from New Zealand

In 2021, after two years of decline, there was significant growth in shipments abroad of mounted piezo-electric crystals, when their volume increased by 177% to X units. Overall, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, mounted piezo-electric crystals exports soared to $X in 2021. Over the period under review, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units), Taiwan (Chinese) (X units) and Austria (X units) were the main destinations of mounted piezo-electric crystals exports from New Zealand, with a combined 77% share of total exports. These countries were followed by Thailand, Malaysia, China and the United States, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +11.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for mounted piezo-electric crystals exports from New Zealand, comprising 41% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by Taiwan (Chinese), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.8% per year) and Taiwan (Chinese) (+10.3% per year).

Export Prices by Country

The average mounted piezo-electric crystals export price stood at $X per unit in 2021, reducing by -12.2% against the previous year. Overall, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 320%. The export price peaked at $X per unit in 2020, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Austria ($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 the United States (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into New Zealand

After two years of decline, supplies from abroad of mounted piezo-electric crystals increased by 88% to X units in 2021. Overall, imports, however, showed a abrupt setback. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, mounted piezo-electric crystals imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Taiwan (Chinese) (X units) constituted the largest mounted piezo-electric crystals supplier to New Zealand, accounting for a 54% share of total imports. Moreover, mounted piezo-electric crystals imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Japan (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Taiwan (Chinese) totaled +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.6% per year) and Japan (-20.2% per year).

In value terms, the largest mounted piezo-electric crystals suppliers to New Zealand were Taiwan (Chinese) ($X), Japan ($X) and China ($X), with a combined 90% share of total imports.

Taiwan (Chinese), with a CAGR of +34.3%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average mounted piezo-electric crystals import price amounted to $X per unit, jumping by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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