New Zealand: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in New Zealand

For the third year in a row, the New Zealand geometrical quantities electronic measurer market recorded growth in sales value, which increased by X% to $X in 2023. In general, the total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level in 2023 and is likely to continue growth in the immediate term.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas shipments of electronic instruments and machines for measuring geometrical quantities, which increased by X% to X units in 2023. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, geometrical quantities electronic measurer exports surged to $X in 2023. Over the period under review, total exports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked in 2023 and are likely to see steady growth in years to come.

Exports by Country

The United States (X units), Canada (X units) and Australia (X units) were the main destinations of geometrical quantities electronic measurer exports from New Zealand, together comprising X% of total exports. Japan, Tanzania, the United Arab Emirates, Qatar, China, Brazil and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Qatar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and Australia ($X) constituted the largest markets for geometrical quantities electronic measurer exported from New Zealand worldwide, with a combined X% share of total exports. Japan, Tanzania, the United Arab Emirates, Qatar, China, the UK and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Qatar, 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 more modest paces of growth.

Export Prices by Country

In 2023, the average geometrical quantities electronic measurer export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into New Zealand

In 2023, geometrical quantities electronic measurer imports into New Zealand surged to X units, increasing by X% against the year before. Overall, total imports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to continue growth in the immediate term.

In value terms, geometrical quantities electronic measurer imports reduced modestly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then fell modestly in the following year.

Imports by Country

In 2023, Australia (X units) constituted the largest supplier of geometrical quantities electronic measurer to New Zealand, with a X% share of total imports. Moreover, geometrical quantities electronic measurer imports from Australia exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, the United States ($X), Australia ($X) and China ($X) were the largest geometrical quantities electronic measurer suppliers to New Zealand, with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average geometrical quantities electronic measurer import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2023, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform