New Zealand - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in New Zealand - 2023
Contents:
- Relay Price in New Zealand (CIF) - 2023
- Relay Price in New Zealand (FOB) - 2022
- Relay Imports in New Zealand
- Relay Exports in New Zealand
Relay Price in New Zealand (CIF) - 2023
The average relay import price stood at $3.5 per unit in September 2023, declining by -11.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 12% m-o-m. Over the period under review, average import prices hit record highs at $4.0 per unit in August 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($6.2 per unit), while the price for China ($2.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in New Zealand (FOB) - 2022
In 2022, the average relay export price amounted to $3.1 per unit, rising by 22% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $7.7 per unit in 2014; however, from 2015 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 Denmark ($6.3 per unit), while the average price for exports to South Africa ($1.9 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 Australia (+2.5%), while the prices for the other major destinations experienced a decline.
Relay Imports in New Zealand
Relay imports into New Zealand stood at 5.7M units in 2022, picking up by 1.5% against 2021 figures. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, relay imports expanded significantly to $18M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Relay in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,696 | 1,234 | 2,133 | 2,907 | 19.7% |
| Germany | 1,707 | 1,249 | 1,523 | 1,786 | 1.5% |
| Indonesia | 2,080 | 1,420 | 1,651 | 1,612 | -8.1% |
| Italy | 1,013 | 1,002 | 1,221 | 1,573 | 15.8% |
| United States | 1,169 | 1,146 | 1,502 | 1,468 | 7.9% |
| France | 871 | 707 | 894 | 1,138 | 9.3% |
| Czech Republic | 561 | 1,066 | 1,670 | 942 | 18.9% |
| United Kingdom | 386 | 482 | 784 | 933 | 34.2% |
| Australia | 824 | 602 | 770 | 921 | 3.8% |
| Mexico | 527 | 461 | 444 | 462 | -4.3% |
| Malaysia | 415 | 452 | 394 | 459 | 3.4% |
| Taiwan (Chinese) | 178 | 227 | 325 | 439 | 35.1% |
| Japan | 498 | 363 | 450 | 381 | -8.5% |
| Others | 3,604 | 3,010 | 3,268 | 3,463 | -1.3% |
| Total | 15,528 | 13,422 | 17,031 | 18,481 | 6.0% |
Top Suppliers of Relay to New Zealand in 2022:
- China (1047.5K units)
- Germany (558.0K units)
- United States (431.8K units)
- Czech Republic (375.1K units)
- United Kingdom (347.1K units)
- Indonesia (338.2K units)
- Australia (335.6K units)
- Italy (320.2K units)
- France (259.9K units)
- Mexico (234.9K units)
- Taiwan (Chinese) (172.8K units)
- Malaysia (171.3K units)
- Japan (162.4K units)
Relay Exports in New Zealand
In 2022, the amount of relays exported from New Zealand expanded rapidly to 710K units, surging by 7.3% on 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, relay exports skyrocketed to $2.2M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +72.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Relay in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 530 | 354 | 435 | 750 | 12.3% |
| United States | 518 | 150 | 251 | 292 | -17.4% |
| Germany | 16.2 | 186 | 228 | 170 | 118.9% |
| Fiji | 94.9 | 127 | 50.9 | 154 | 17.5% |
| Canada | 79.5 | 145 | 133 | 107 | 10.4% |
| Turkey | 18.8 | N/A | N/A | 106 | 78.0% |
| Netherlands | 32.8 | 43.0 | 145 | 95.1 | 42.6% |
| United Kingdom | 5.9 | 9.9 | 20.8 | 86.5 | 144.7% |
| Hong Kong SAR | 6.9 | 14.8 | 16.0 | 57.0 | 102.2% |
| Japan | 18.9 | 45.1 | 20.9 | 54.3 | 42.2% |
| Singapore | 23.8 | 59.0 | 19.7 | 40.1 | 19.0% |
| South Africa | 0.4 | 2.0 | 37.7 | 32.8 | 334.4% |
| Others | 175 | 134 | 314 | 247 | 12.2% |
| Total | 1,521 | 1,269 | 1,672 | 2,192 | 13.0% |
Top Export Markets for Relay from New Zealand in 2022:
- Australia (250.3K units)
- United States (110.8K units)
- Canada (55.2K units)
- Fiji (43.1K units)
- Germany (35.4K units)
- United Kingdom (29.2K units)
- Japan (19.6K units)
- Netherlands (18.5K units)
- Hong Kong SAR (18.3K units)
- South Africa (17.6K units)
- Turkey (16.9K units)
- Singapore (16.4K units)
This report provides an in-depth analysis of the relay 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.
Product coverage:
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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