New Zealand: Market for Wiring sets used in vehicles, aircraft or ships 2024

Market Size for Wiring sets used in vehicles, aircraft or ships in New Zealand

The New Zealand market for wiring sets used in vehicles, aircraft or ships shrank to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated buoyant growth 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. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from New Zealand

In 2022, the amount of wiring sets used in vehicles, aircraft or ships exported from New Zealand shrank to X tons, reducing by X% against the previous year's figure. Over the period under review, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships stood at $X in 2022. In general, exports, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Australia (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from New Zealand, accounting for a X% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to Australia exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), fourfold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and the United States (X% per year).

In value terms, Australia ($X) remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($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 amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and the UK ($X per ton), while the average price for exports to Australia ($X per ton) and Fiji ($X per ton) were amongst the lowest.

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

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Imports of Wiring sets used in vehicles, aircraft or ships

Imports into New Zealand

In 2022, approx. X tons of wiring sets used in vehicles, aircraft or ships were imported into New Zealand; waning by X% on the previous year. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, imports of wiring sets used in vehicles, aircraft or ships contracted to $X in 2022. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Samoa (X tons), the United States (X tons) and Australia (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to New Zealand, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Samoa (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Samoa ($X) and Australia ($X) appeared to be the largest wiring sets used in vehicles, aircraft or ships suppliers to New Zealand, with a combined X% share of total imports.

Samoa, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Tunisia ($X per ton) and the United States ($X per ton), while the price for Thailand ($X per ton) and Taiwan (Chinese) ($X per ton) were 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 more modest paces of growth.

Source: IndexBox Platform

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