New Zealand: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in New Zealand

The New Zealand non-hydraulic press market totaled less than $X in 2023, flattening at the previous year. Overall, consumption, however, saw buoyant growth. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Non-Hydraulic Press Production in New Zealand

In value terms, non-hydraulic press production shrank to $X in 2023 estimated in export price. In general, production recorded a perceptible contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Non-hydraulic press production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Non-Hydraulic Press Exports

Exports from New Zealand

In 2021, approx. X units of non-hydraulic presses for working metal were exported from New Zealand; growing by X% on the year before. Overall, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-hydraulic press exports totaled $X in 2021. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for non-hydraulic press exports from New Zealand, accounting for a X% share of total exports. Moreover, non-hydraulic press exports to Australia exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by Belgium (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Belgium (X% per year).

In value terms, Belgium ($X), the United States ($X) and Australia ($X) constituted the largest markets for non-hydraulic press exported from New Zealand worldwide, together comprising X% of total exports. Malaysia, Canada, Finland, India, Japan, Vietnam, China, Thailand, Italy and South Africa lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-hydraulic press export price stood at $X per unit in 2021, declining by X% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to South Africa ($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 more modest paces of growth.

Non-Hydraulic Press Imports

Imports into New Zealand

In 2021, after two years of decline, there was significant growth in overseas purchases of non-hydraulic presses for working metal, when their volume increased by X% to X units. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, non-hydraulic press imports soared to $X in 2021. Over the period under review, imports saw a notable increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Australia (X units) was the main supplier of non-hydraulic press to New Zealand, accounting for a X% share of total imports. It was followed by Taiwan (Chinese) (X units), with a X% share of total imports. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Turkey (X% per year).

In value terms, the largest non-hydraulic press suppliers to New Zealand were Australia ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 non-hydraulic press import price stood at $X per unit in 2021, dropping by X% against the previous year. Overall, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform