New Zealand: Semiconductor Device Market 2024

Semiconductor Device Market Size in New Zealand

In 2023, the New Zealand semiconductor device market decreased by X% to less than $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a buoyant expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Semiconductor Device Production in New Zealand

In value terms, semiconductor device production totaled less than $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern.

Semiconductor Device Exports

Exports from New Zealand

In 2021, after two years of decline, there was significant growth in overseas shipments of semiconductor devices, when their volume increased by X% to X units. In general, exports, however, faced a deep reduction. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, semiconductor device exports soared to $X in 2021. Overall, exports, however, showed a abrupt setback. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines (X units), India (X units) and Australia (X units) were the main destinations of semiconductor device exports from New Zealand, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for semiconductor device exported from New Zealand were the Philippines ($X), India ($X) and Australia ($X), together accounting for X% of total exports.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average semiconductor device export price stood at $X per unit in 2021, increasing by X% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, semiconductor device export price increased by X% against 2012 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Device Imports

Imports into New Zealand

In 2021, purchases abroad of semiconductor devices increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a mild reduction. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, semiconductor device imports surged to $X in 2021. In general, imports, however, saw a deep setback. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of semiconductor device to New Zealand, with a X% share of total imports. Moreover, semiconductor device imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was taken by Australia (X units), with a X% share.

From 2012 to 2021, 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: the United States (X% per year) and Australia (X% per year).

In value terms, China ($X), the United States ($X) and the Philippines ($X) were the largest semiconductor device suppliers to New Zealand, together comprising X% of total imports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average semiconductor device import price stood at $X per unit in 2021, which is down by X% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price decreased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform