New Zealand: Electric Lamp Market 2024

Electric Lamp Market Size in New Zealand

The New Zealand electric lamp market declined dramatically to $X in 2022, with a decrease of 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). In general, consumption saw a pronounced shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Electric Lamp Exports

Exports from New Zealand

In 2022, overseas shipments of electric lamps increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a deep slump. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports rose sharply to $X in 2022. In general, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

French Polynesia (X units), Australia (X units) and Samoa (X units) were the main destinations of electric lamp exports from New Zealand, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for French Polynesia (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, French Polynesia ($X), Australia ($X) and Cook Islands ($X) appeared to be the largest markets for electric lamp exported from New Zealand worldwide, with a combined X% share of total exports.

Among the main countries of destination, French Polynesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average electric lamp export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price 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, electric lamp export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average 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 Vanuatu ($X per unit), while the average price for exports to Samoa ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into New Zealand

In 2022, approx. X units of electric lamps were imported into New Zealand; waning by X% against the previous year. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports dropped sharply to $X in 2022. Overall, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric lamp to New Zealand, with a X% share of total imports. Moreover, electric lamp imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. The third position in this ranking was taken by Australia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Australia (X% per year).

In value terms, Taiwan (Chinese) ($X), China ($X) and Germany ($X) appeared to be the largest electric lamp suppliers to New Zealand, together accounting for X% of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average electric lamp import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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