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New Zealand - Rotary Converters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNew Zealand: Electric Rotary Converter Market 2024
Electric Rotary Converter Market Size in New Zealand
The New Zealand electric rotary converter market shrank rapidly to $X in 2021, with a decrease of -98% against the previous year. In general, consumption recorded a precipitous shrinkage. Electric rotary converter consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Electric Rotary Converter Production in New Zealand
In value terms, electric rotary converter production dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by 26% against the previous year. Electric rotary converter production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.
Electric Rotary Converter Exports
Exports from New Zealand
Electric rotary converter exports from New Zealand surged to X units in 2021, growing by 12,444% compared with the previous year. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric rotary converter exports surged to $X in 2021. In general, exports saw a significant expansion. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
Exports by Country
The UK (X units) was the main destination for electric rotary converter exports from New Zealand, with a 98% share of total exports. It was followed by Fiji (X units), with a 1.2% share of total exports. The third position in this ranking was held by Australia (X units), with a 0.4% share.
From 2012 to 2021, the average annual growth rate of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+7.1% per year) and Australia (-18.1% per year).
In value terms, the UK ($X) emerged as the key foreign market for electric rotary converters exports from New Zealand, comprising 98% of total exports. The second position in the ranking was held by Fiji ($X), with a 1.3% share of total exports. It was followed by Australia, with a 0.2% share.
From 2012 to 2021, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (-2.5% per year) and Australia (-19.3% per year).
Export Prices by Country
The average electric rotary converter export price stood at $X per unit in 2021, picking up by 3.9% against the previous year. In general, the export price saw a tangible increase. The growth pace was the most rapid in 2015 when the average export price increased by 324%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Fiji ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.2%), while the prices for the other major destinations experienced a decline.
Electric Rotary Converter Imports
Imports into New Zealand
In 2021, overseas purchases of electric rotary converters decreased by -94.5% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2016 with an increase of 1,091% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, electric rotary converter imports skyrocketed to $X in 2021. Overall, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 341% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest electric rotary converter supplier to New Zealand, accounting for a 81% share of total imports. Moreover, electric rotary converter imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold.
From 2012 to 2021, the average annual growth rate of volume from China stood at -53.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-12.4% per year) and Australia (-28.4% per year).
In value terms, the UK ($X) constituted the largest supplier of electric rotary converters to New Zealand, comprising 21% of total imports. The second position in the ranking was taken by China ($X), with a 2.9% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-49.5% per year) and Australia (-21.4% per year).
Import Prices by Country
The average electric rotary converter import price stood at $X per unit in 2021, picking up by 2,811% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric rotary converter 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 27113270 - Rotary converters
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
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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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