
New Zealand - Trucks - Market Analysis, Forecast, Size, Trends and Insights
New Zealand: Truck Market 2022
Truck Market Size in New Zealand
In 2021, the new zealand truck market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend.Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Truck Exports
Exports from New Zealand
In 2021, the amount of trucks exported from new zealand soared to X units, increasing by X% against the year before.In general, exports recorded resilient growth.As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, truck exports soared to $X in 2021.Overall, exports recorded a remarkable increase.As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Nigeria (X units) was the main destination for truck exports from New Zealand, with a X% share of total exports. Moreover, truck exports to Nigeria exceeded the volume sent to the second major destination, Australia (X units), threefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Nigeria stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and the United Arab Emirates (+X% per year).
In value terms, Australia ($X) remains the key foreign market for truck exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.
From 2012 to 2021, the average annual growth rate of value to Australia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Nigeria (+X% per year).
Export Prices by Country
The average truck export price stood at $X per unit in 2021, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while the average price for exports to Nigeria ($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 the United Arab Emirates (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Truck Imports
Imports into New Zealand
In 2021, truck imports into new zealand skyrocketed to X units, rising by X% on 2020.In general, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.The pace of growth appeared the most rapid in 2014 with an increase of X a result, imports attained the peak of X units. from 2015 to 2021, the growth of imports failed to regain momentum.
In value terms, truck imports surged to $X in 2021.Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Thailand (X units) constituted the largest supplier of truck to New Zealand, with a X% share of total imports. Moreover, truck imports from Thailand exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was held by Australia (X units), with an X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Australia (+X% per year).
In value terms, Thailand ($X) constituted the largest supplier of truck to New Zealand, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Thailand totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and China (+X% per year).
Import Prices by Country
The average truck import price stood at $X per unit in 2021, rising by X% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the truck market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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