New Zealand: Parachute Market 2024

Parachute Market Size in New Zealand

The New Zealand parachute market fell significantly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed a tangible increase. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Parachute Production in New Zealand

In value terms, parachute production fell to $X in 2022 estimated in export price. In general, production, however, saw a resilient increase. The growth pace was the most rapid in 2015 when the production volume increased by X%. Parachute production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Parachute Exports

Exports from New Zealand

In 2022, overseas shipments of parachutes and rotochutes increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, parachute exports surged to $X in 2022. Overall, exports recorded resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for parachute exports from New Zealand, with a X% share of total exports. Moreover, parachute exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), twofold. The third position in this ranking was held by Germany (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Germany (X% per year).

In value terms, the United States ($X) remains the key foreign market for parachutes and rotochutes exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average parachute export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price 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, parachute export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Australia ($X per ton), while the average price for exports to China ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Parachute Imports

Imports into New Zealand

In 2022, approx. X tons of parachutes and rotochutes were imported into New Zealand; increasing by X% compared with 2021 figures. Overall, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, parachute imports soared to $X in 2022. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Romania (X kg) and Vietnam (X kg) were the main suppliers of parachute imports to New Zealand, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Romania ($X) and Vietnam ($X) constituted the largest parachute suppliers to New Zealand, with a combined X% share of total imports.

Romania, 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

In 2022, the average parachute import price amounted to $X per ton, remaining constant against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price 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, parachute import price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Australia ($X per ton), while the price for Austria ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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