New Zealand: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in New Zealand

The New Zealand market for motor vehicle chassis fitted with engines stood at $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, continues to indicate a abrupt decline. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in New Zealand

In value terms, production of motor vehicle chassis fitted with engines rose slightly to $X in 2022 estimated in export price. Overall, production, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from New Zealand

In 2022, exports of motor vehicle chassis fitted with engines from New Zealand surged to X units, rising by X% compared with the year before. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines dropped notably to $X in 2022. In general, exports posted noticeable 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 of attained the peak figure at $X in 2021, and then fell markedly in the following year.

Exports by Country

Australia (X units) was the main destination for exports of motor vehicle chassis fitted with engines from New Zealand, accounting for a X% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Australia exceeded the volume sent to the second major destination, Malaysia (X units), threefold.

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

In value terms, Australia ($X), Malaysia ($X) and Trinidad and Tobago ($X) were the largest markets for motor vehicle chassis fitted with engines exported from New Zealand worldwide.

Australia, 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 export price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Malaysia ($X per unit), while the average price for exports to Trinidad and Tobago ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into New Zealand

In 2022, imports of motor vehicle chassis fitted with engines into New Zealand plummeted to X units, falling by X% on 2021 figures. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of motor vehicle chassis fitted with engines fell notably to $X in 2022. Overall, imports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of motor vehicle chassis fitted with engines to New Zealand, with a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from Italy exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at X%. 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, Sweden ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to New Zealand, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform