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New Zealand - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBoring Machinery Price in New Zealand - 2023
Contents:
- Boring Machinery Price in New Zealand (CIF) - 2022
- Boring Machinery Price in New Zealand (FOB) - 2022
- Boring Machinery Imports in New Zealand
- Boring Machinery Exports in New Zealand
Boring Machinery Price in New Zealand (CIF) - 2022
In 2022, the average boring machinery import price amounted to $117,793 per unit, waning by -32.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 133% against the previous year. As a result, import price reached the peak level of $286,187 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($200,076 per unit), while the price for India ($632 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Boring Machinery Price in New Zealand (FOB) - 2022
In 2022, the average boring machinery export price amounted to $89,087 per unit, which is down by -36.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2019 an increase of 1,212%. As a result, the export price reached the peak level of $1,498,468 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($164,143 per unit), while the average price for exports to the UK ($62,584 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 Fiji (+41.8%), while the prices for the other major destinations experienced mixed trend patterns.
Boring Machinery Imports in New Zealand
In 2022, imports of boring or sinking machinery into New Zealand contracted to 20 units, reducing by -9.1% compared with 2021 figures. Over the period under review, imports showed a precipitous decrease. Over the period under review, imports hit record highs at 65 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, boring machinery imports dropped sharply to $2.3M in 2022. Overall, imports saw a sharp descent. The smallest decline of -23% was in 2021. Imports peaked at $7.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Boring Machinery in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | N/A | 237 | N/A | 892 | 94.0% |
Australia | 372 | 529 | 1,160 | 335 | -3.4% |
Turkey | 166 | N/A | 288 | 256 | 15.5% |
China | 650 | 587 | 314 | 228 | -29.5% |
United States | 4,918 | 408 | 460 | 218 | -64.6% |
United Kingdom | N/A | 5.5 | N/A | 58.0 | 224.7% |
Germany | 1,206 | 0.6 | 875 | 11.3 | -78.9% |
India | 15.7 | N/A | N/A | 0.7 | -64.5% |
France | 63.6 | 2,615 | N/A | N/A | 4011.6% |
Others | 282 | 604 | 744 | 346 | 7.1% |
Total | 7,673 | 4,986 | 3,841 | 2,343 | -32.7% |
Top Suppliers of Boring Machinery to New Zealand in 2022:
- Canada (7.0 units)
- Australia (3.0 units)
- Turkey (2.0 units)
- China (2.0 units)
- India (1.0 units)
- United States (1.0 units)
- United Kingdom (1.0 units)
Boring Machinery Exports in New Zealand
Boring machinery exports from New Zealand soared to 24 units in 2022, picking up by 243% compared with 2021. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, boring machinery exports skyrocketed to $2.1M in 2022. Overall, exports, however, recorded a precipitous curtailment. Over the period under review, the exports attained the maximum at $6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Boring Machinery in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 4.1 | N/A | 22.4 | 936 | 511.2% |
Australia | 163 | 2,736 | 804 | 772 | 67.9% |
Saudi Arabia | N/A | N/A | N/A | 202 | 0% |
Netherlands | N/A | N/A | N/A | 163 | 0% |
France | 3.4 | N/A | N/A | N/A | 0% |
United States | 188 | N/A | 8.5 | N/A | -78.7% |
Canada | 142 | 37.0 | 2.5 | N/A | -86.7% |
Others | 5,494 | 101 | 117 | 34.9 | -81.5% |
Total | 5,994 | 2,874 | 955 | 2,108 | -29.4% |
Top Export Markets for Boring Machinery from New Zealand in 2022:
- United Kingdom (15.0 units)
- Australia (5.0 units)
- Saudi Arabia (2.0 units)
- Netherlands (2.0 units)
This report provides an in-depth analysis of the boring machinery 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 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
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.
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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
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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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