New Zealand: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in New Zealand

After three years of growth, the New Zealand pliers and pincers market decreased by X% to $X in 2023. Overall, the total consumption indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2022, and then contracted modestly in the following year.

Pliers And Pincers Production in New Zealand

In value terms, pliers and pincers production declined to $X in 2023 estimated in export price. Over the period under review, production, however, showed slight growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Pliers And Pincers Exports

Exports from New Zealand

In 2023, shipments abroad of pliers, pincers and tweezers for nonmedical use decreased by X% to X kg, falling for the second year in a row after two years of growth. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, pliers and pincers exports shrank remarkably to $X in 2023. Over the period under review, exports, however, enjoyed a slight expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X kg) was the main destination for pliers and pincers exports from New Zealand, with a X% share of total exports. Moreover, pliers and pincers exports to Australia exceeded the volume sent to the second major destination, the United States (X kg), twofold. The UK (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

In value terms, Australia ($X) remains the key foreign market for pliers, pincers and tweezers for nonmedical use exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the UK (X% per year).

Export Prices by Country

The average pliers and pincers export price stood at $X per kg in 2023, picking up by X% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Samoa ($X per kg) and Germany ($X per kg), while the average price for exports to Chile ($X per kg) and Australia ($X per kg) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into New Zealand

Pliers and pincers imports into New Zealand contracted to X tons in 2023, dropping by X% against 2022. Over the period under review, imports showed a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, pliers and pincers imports shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2022, and then contracted in the following year.

Imports by Country

China (X tons), Germany (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of pliers and pincers imports to New Zealand, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of pliers, pincers and tweezers for nonmedical use to New Zealand, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

Import Prices by Country

The average pliers and pincers import price stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2023 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 China ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform