Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $1,790 per unit, increasing by 6.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 12% against the previous year. The import price peaked at $2,061 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($2,466 per unit) and the United States ($2,310 per unit), while the price for Australia ($1,736 per unit) and the UK ($1,749 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,702 per unit in 2022, with an increase of 152% against the previous year. In general, the export price recorded a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 267%. Over the period under review, the average export prices attained the maximum at $2,306 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($2,387 per unit), while the average price for exports to Samoa ($406 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 (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand

In 2022, the amount of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses imported into New Zealand soared to 60 units, increasing by 131% against 2021. Overall, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $107K in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to New Zealand in 2022:

1. United Kingdom (39.0 units)
2. Australia (12.0 units)
3. China (5.0 units)
4. United States (3.0 units)
5. Italy (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in New Zealand

In 2022, shipments abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses was finally on the rise to reach 4 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic slump. Over the period under review, the exports of attained the peak figure at 233 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses soared to $6.8K in 2022. In general, exports, however, continue to indicate a dramatic decrease. Over the period under review, the exports of attained the maximum at $537K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from New Zealand in 2022:

1. Fiji (2.0 units)
2. Samoa (1.0 units)
3. Tonga (1.0 units)

Source: IndexBox Market Intelligence Platform