New Zealand: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in New Zealand

The New Zealand remote control apparatus market declined sharply to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate a buoyant expansion. Remote control apparatus consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Remote Control Apparatus Production in New Zealand

In value terms, remote control apparatus production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Remote Control Apparatus Exports

Exports from New Zealand

In 2022, approx. X units of radio remote control apparatus were exported from New Zealand; with an increase of X% compared with the year before. In general, exports recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, remote control apparatus exports surged to $X in 2022. Overall, exports continue to indicate noticeable growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Australia (X units) was the main destination for remote control apparatus exports from New Zealand, with a X% share of total exports. It was followed by Cyprus (X units), with a X% share of total exports. The United States (X units) ranked third in terms of total exports with a X% share.

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: Cyprus (X% per year) and the United States (X% per year).

In value terms, Australia ($X) remains the key foreign market for radio remote control apparatus exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

The average remote control apparatus export price stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, saw a abrupt shrinkage. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($X per unit) and the UK ($X per unit), while the average price for exports to India ($X per unit) and Israel ($X per unit) were amongst the lowest.

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

Remote Control Apparatus Imports

Imports into New Zealand

In 2022, approx. X units of radio remote control apparatus were imported into New Zealand; picking up by X% against the year before. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, remote control apparatus imports rose remarkably to $X in 2022. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

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

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

In value terms, China ($X) constituted the largest supplier of radio remote control apparatus to New Zealand, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Australia, with an X% share.

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

Import Prices by Country

In 2022, the average remote control apparatus import price amounted to $X per unit, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($X per unit) and Japan ($X per unit), while the price for France ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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