New Zealand: Laundry Machine Market 2024

Laundry Machine Market Size in New Zealand

The New Zealand laundry machine market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption saw a prominent increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Laundry Machine Production in New Zealand

In value terms, laundry machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Laundry Machine Exports

Exports from New Zealand

In 2022, approx. X units of washing, bleaching or dyeing machines were exported from New Zealand; increasing by X% on 2021 figures. Over the period under review, exports posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, laundry machine exports rose rapidly to $X in 2022. Overall, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Samoa (X units) was the main destination for laundry machine exports from New Zealand, accounting for a X% share of total exports. Moreover, laundry machine exports to Samoa exceeded the volume sent to the second major destination, Fiji (X units), threefold. The third position in this ranking was taken by New Caledonia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Samoa totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and New Caledonia (X% per year).

In value terms, the largest markets for laundry machine exported from New Zealand were Samoa ($X), Fiji ($X) and New Caledonia ($X), with a combined X% share of total exports.

Among the main countries of destination, New Caledonia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average laundry machine export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($X per unit), while the average price for exports to Samoa ($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 Cook Islands (X%), while the prices for the other major destinations experienced a decline.

Laundry Machine Imports

Imports into New Zealand

In 2022, overseas purchases of washing, bleaching or dyeing machines increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, laundry machine imports surged to $X in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Thailand (X units) constituted the largest supplier of laundry machine to New Zealand, with a X% share of total imports. Moreover, laundry machine imports from Thailand exceeded the figures recorded by the second-largest supplier, Australia (X units), more than tenfold. The third position in this ranking was taken by the Philippines (X units), with a X% share.

From 2012 to 2022, 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: Australia (X% per year) and the Philippines (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of washing, bleaching or dyeing machines to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average laundry machine import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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