Price for Navigational Instruments and Appliances; Parts and Accessories in New Zealand - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in New Zealand (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in New Zealand (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in New Zealand
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in New Zealand

Price for Navigational Instruments and Appliances; Parts and Accessories in New Zealand (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $47,253 per ton, rising by 7% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices hit record highs at $102,592 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($653,629 per ton), while the price for the United States ($24,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.7%), while the prices for the other major suppliers experienced a decline.

Price for Navigational Instruments and Appliances; Parts and Accessories in New Zealand (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $76,320 per ton in 2022, growing by 28% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs at $80,487 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($221,718 per ton), while the average price for exports to the Netherlands ($6,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Navigational Instruments and Appliances; Parts and Accessories in New Zealand

In 2022, imports of navigational instruments and appliances; parts and accessorieses into New Zealand reduced remarkably to 85 tons, with a decrease of -30.7% compared with the previous year. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 150% against the previous year. As a result, imports attained the peak of 122 tons, and then contracted sharply in the following year.

In value terms, imports of navigational instruments and appliances; parts and accessorieses declined rapidly to $4M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 65%. As a result, imports reached the peak of $5.4M, and then reduced markedly in the following year.

Import of Navigational Instruments and Appliances; Parts and Accessories in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.51.43.22.010.1%
Mexico1.00.50.50.4-26.3%
Others1.61.41.71.60.0%
Total4.13.35.44.0-0.8%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to New Zealand in 2022:

  1. United States (82.2 tons)
  2. Mexico (0.6 tons)

Exports of Navigational Instruments and Appliances; Parts and Accessories in New Zealand

In 2022, after two years of decline, there was significant growth in overseas shipments of navigational instruments and appliances; parts and accessorieses, when their volume increased by 79% to 11 tons. In general, exports, however, showed a relatively flat trend pattern.

In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $842K in 2022. Over the period under review, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Navigational Instruments and Appliances; Parts and Accessories in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23166.015637617.6%
Italy3.136.61.3296357.1%
Australia31.311363.411052.0%
Taiwan (Chinese)7.23.16.619.739.9%
NetherlandsN/AN/AN/A12.90%
FranceN/A38.80.3N/A-99.2%
Papua New Guinea30.50.80.9N/A-82.8%
South AfricaN/AN/A20.8N/A0%
Others27325411827.1-53.7%
Total57651336884213.5%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from New Zealand in 2022:

  1. Australia (3.3 tons)
  2. Taiwan (Chinese) (2.3 tons)
  3. Netherlands (2.0 tons)
  4. United States (1.7 tons)
  5. Italy (1.5 tons)

Source: IndexBox Market Intelligence Platform

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