Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $106 per unit in 2022, shrinking by -22.5% against the previous year. Over the period under review, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 68%. The import price peaked at $211 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($228 per unit), while the price for Australia ($71 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $188 per unit in 2022, which is down by -6.7% against the previous year. Over the period under review, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 an increase of 29%. The export price peaked at $284 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($226 per unit), while the average price for exports to the Netherlands ($76 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 the Czech Republic (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand

In 2022, approx. 109K units of tools; for working in the hand, pneumatic, other than rotary type were imported into New Zealand; increasing by 200% on 2021. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type soared to $12M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6738911,1307,583124.2%
Taiwan (Chinese)8387641,5231,44820.0%
Japan94.661.42341,060123.8%
United States765770534489-13.9%
Italy2691922602740.6%
Australia279280612228-6.5%
Others694556677463-12.6%
Total3,6133,5154,96911,54547.3%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to New Zealand in 2022:

  1. China (82.3K units)
  2. Taiwan (Chinese) (9.8K units)
  3. Japan (7.1K units)
  4. Australia (3.2K units)
  5. United States (2.1K units)
  6. Italy (1.9K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, which increased by 46% to 3.6K units in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type surged to $679K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 47%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mongolia39.657.769.983.628.3%
Germany2.921.817.569.8188.7%
Chile3.43.72.952.5149.0%
American Samoa44.253.052.952.05.6%
EstoniaN/AN/AN/A48.20%
Tonga8.623.726.835.059.7%
Australia61.810799.533.5-18.5%
Netherlands2.11.44.733.4151.5%
Czech Republic49.10.10.630.3-14.9%
United Kingdom12.730.841.425.726.5%
Hong Kong SAR19.624.224.825.18.6%
Italy0.46.129.219.7266.6%
South Korea0.61.12.813.2180.2%
Others93.116612815719.0%
Total33849750167926.2%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from New Zealand in 2022:

  1. Mongolia (578.0 units)
  2. Netherlands (441.0 units)
  3. Germany (309.0 units)
  4. Chile (233.0 units)
  5. American Samoa (231.0 units)
  6. Tonga (215.0 units)
  7. Estonia (214.0 units)
  8. Australia (149.0 units)
  9. Czech Republic (135.0 units)
  10. United Kingdom (114.0 units)
  11. Hong Kong SAR (112.0 units)
  12. Italy (87.0 units)
  13. South Korea (59.0 units)

Source: IndexBox Market Intelligence Platform

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