Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, rising by 2.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 14% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($0.1 per unit) and Poland ($0.1 per unit), while the price for Germany ($0.1 per unit) and Vietnam ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, with an increase of 5.3% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2020 an increase of 7.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $0.1 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($0.1 per unit) and Samoa ($0.1 per unit), while the average price for exports to China ($0.1 per unit) and Denmark ($0.1 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 Samoa (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand

In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into New Zealand stood at 430M units, picking up by 11% on 2021 figures. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded rapidly to $53M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.410.316.619.619.8%
Australia4.14.05.95.49.6%
Germany4.03.04.44.75.5%
United States3.22.22.33.0-2.1%
France1.81.42.82.917.2%
Taiwan (Chinese)1.81.93.02.714.5%
Poland0.70.60.81.528.9%
India1.00.71.01.514.5%
Mexico0.90.61.01.313.0%
Italy0.60.70.91.226.0%
Japan1.00.70.91.00.0%
Vietnam0.80.71.21.07.7%
Switzerland0.30.30.41.049.4%
Others4.54.45.36.412.5%
Total36.231.446.753.113.6%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to New Zealand in 2022:

  1. China (158.4M units)
  2. Australia (43.2M units)
  3. Germany (39.2M units)
  4. France (23.8M units)
  5. United States (23.4M units)
  6. Taiwan (Chinese) (22.3M units)
  7. India (11.9M units)
  8. Poland (11.0M units)
  9. Italy (10.0M units)
  10. Mexico (9.4M units)
  11. Vietnam (8.6M units)
  12. Japan (8.2M units)
  13. Switzerland (8.2M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand

Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from New Zealand rose rapidly to 115M units in 2022, picking up by 7.1% compared with the previous year's figure. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 73%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded remarkably to $13M in 2022. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 76% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3,5323,0265,1745,65317.0%
Netherlands5763487361,51237.9%
United States1,330563753827-14.6%
Hong Kong SAR53.635.6323791145.3%
Fiji34936185577730.6%
Tonga21730054161841.7%
Samoa18517569829416.7%
Denmark8.913.3106237198.6%
Japan335103123201-15.7%
United Kingdom13266.93091330.3%
China31913718777.9-37.5%
Others1,3711,4141,7331,89411.4%
Total8,4096,54111,53813,01515.7%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from New Zealand in 2022:

  1. Australia (50.6M units)
  2. Netherlands (13.6M units)
  3. Hong Kong SAR (7.1M units)
  4. Fiji (7.0M units)
  5. United States (6.0M units)
  6. Tonga (5.6M units)
  7. Samoa (2.6M units)
  8. Denmark (2.1M units)
  9. Japan (1.8M units)
  10. United Kingdom (1.2M units)
  11. China (0.7M units)

Source: IndexBox Market Intelligence Platform

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