New Zealand: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in New Zealand

The New Zealand market for machinery for filtering or purifying gases soared to $X in 2022, with an increase 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). Over the period under review, consumption showed a prominent increase. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Exports of Machinery for Filtering or Purifying Gases

Exports from New Zealand

In 2022, after two years of growth, there was significant decline in shipments abroad of machinery for filtering or purifying gases, when their volume decreased by X% to X units. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then declined remarkably in the following year.

In value terms, exports of machinery for filtering or purifying gases fell markedly to $X in 2022. Over the period under review, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Australia (X units), Singapore (X units) and South Korea (X units) were the main destinations of exports of machinery for filtering or purifying gases from New Zealand, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machinery for filtering or purifying gases exported from New Zealand were Australia ($X), Singapore ($X) and South Korea ($X), together accounting for X% of total exports.

Among the main countries of destination, South Korea, 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 export price for machinery for filtering or purifying gases stood at $X per unit in 2022, growing by X% against the previous year. In general, export price indicated a resilient expansion 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, export price for machinery for filtering or purifying gases increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($X per unit) and Canada ($X per unit), while the average price for exports to Fiji ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Filtering or Purifying Gases

Imports into New Zealand

In 2022, imports of machinery for filtering or purifying gases into New Zealand soared to X units, increasing by X% against the year before. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery for filtering or purifying gases soared to $X in 2022. Overall, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of machinery for filtering or purifying gases to New Zealand, with a X% share of total imports. Moreover, imports of machinery for filtering or purifying gases from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Malaysia (X units), with an X% share.

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

In value terms, China ($X) constituted the largest supplier of machinery for filtering or purifying gases to New Zealand, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by Malaysia, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average import price for machinery for filtering or purifying gases stood at $X per unit in 2022, waning by X% against the previous year. Overall, import price indicated noticeable 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, import price for machinery for filtering or purifying gases decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per unit) and Australia ($X per unit), while the price for Malaysia ($X per unit) and Thailand ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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