New Zealand: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in New Zealand

The New Zealand road tractor for semi-trailer market reduced to $X in 2022, waning by X% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Road Tractors For Semi-Trailers in New Zealand

In value terms, road tractor for semi-trailer production declined modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Road tractor for semi-trailer production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Road Tractors For Semi-Trailers

Exports from New Zealand

In 2022, approx. X units of road tractors for semi-trailers were exported from New Zealand; jumping by X% compared with the previous year. Overall, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, road tractor for semi-trailer exports skyrocketed to $X in 2022. In general, exports showed a notable expansion. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Fiji (X units) was the main destination for road tractor for semi-trailer exports from New Zealand, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Fiji totaled X%.

In value terms, Fiji ($X) emerged as the key foreign market for road tractors for semi-trailers exports from New Zealand.

From 2012 to 2022, the average annual growth rate of value to Fiji amounted to X%.

Export Prices by Country

In 2022, the average road tractor for semi-trailer export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price saw a pronounced contraction. The growth pace was the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Fiji.

From 2012 to 2022, the rate of growth in terms of prices for Tonga amounted to X% per year.

Imports of Road Tractors For Semi-Trailers

Imports into New Zealand

In 2022, road tractor for semi-trailer imports into New Zealand dropped significantly to X units, which is down by X% on the previous year. Overall, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, road tractor for semi-trailer imports fell notably to $X in 2022. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) constituted the largest supplier of road tractor for semi-trailer to New Zealand, accounting for a X% share of total imports. Moreover, road tractor for semi-trailer imports from Australia exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. 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 rate of growth in terms of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Australia ($X) constituted the largest supplier of road tractors for semi-trailers to New Zealand, comprising X% of total imports. The second position in the ranking was held by Germany ($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 Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average road tractor for semi-trailer 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 most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while the price for the Netherlands ($X per unit) was 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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