Price for Tugs and Pusher Craft in New Zealand - 2023

Contents:

1. Price for Tugs and Pusher Craft in New Zealand (CIF) - 2022
2. Price for Tugs and Pusher Craft in New Zealand (FOB) - 2022
3. Imports of Tugs and Pusher Craft in New Zealand
4. Exports of Tugs and Pusher Craft in New Zealand

Price for Tugs and Pusher Craft in New Zealand (CIF) - 2022

In 2022, the average tugs and pusher craft import price amounted to $6,893,460 per unit, picking up by 226% against the previous year. In general, the import price saw a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($11,349,104 per unit), while the price for China amounted to $4,665,639 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+93.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tugs and Pusher Craft in New Zealand (FOB) - 2022

The average tugs and pusher craft export price stood at $420,880 per unit in 2022, falling by -9.5% against the previous year. Overall, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 217%. As a result, the export price attained the peak level of $2,382,344 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($807,769 per unit), while the average price for exports to Vanuatu amounted to $64,284 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.5%), while the prices for the other major destinations experienced a decline.

Imports of Tugs and Pusher Craft in New Zealand

In 2022, approx. 3 units of tugs and pusher crafts were imported into New Zealand; with a decrease of -50% compared with 2021 figures. Overall, imports saw a sharp shrinkage. The smallest decline of -14.3% was in 2021. Imports peaked at 7 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, tugs and pusher craft imports skyrocketed to $21M in 2022. Over the period under review, imports showed a abrupt setback. Imports peaked at $26M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Tugs and Pusher Craft to New Zealand in 2022:

1. China (2.0 units)
2. Vietnam (1.0 units)

Exports of Tugs and Pusher Craft in New Zealand

In 2022, overseas shipments of tugs and pusher crafts decreased by 0% to 2 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tugs and pusher craft exports dropped slightly to $878K in 2022. In general, exports continue to indicate a abrupt contraction. The exports peaked at $1.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Tugs and Pusher Craft from New Zealand in 2022:

1. Cook Islands (1.0 units)
2. Vanuatu (1.0 units)

Source: IndexBox Market Intelligence Platform