New Zealand - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in New Zealand - 2023
Contents:
- Metal Washer Price in New Zealand (CIF) - 2023
- Metal Washer Price in New Zealand (FOB) - 2022
- Metal Washer Imports in New Zealand
- Metal Washer Exports in New Zealand
Metal Washer Price in New Zealand (CIF) - 2023
In July 2023, the average metal washer import price amounted to $4,897 per ton, falling by -29.3% against the previous month. Overall, the import price showed a perceptible contraction. The pace of growth was the most pronounced in January 2023 an increase of 74% m-o-m. As a result, import price attained the peak level of $9,602 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($16,472 per ton), while the price for China ($2,797 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Washer Price in New Zealand (FOB) - 2022
The average metal washer export price stood at $11,919 per ton in 2022, falling by -3.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 24% against the previous year. As a result, the export price reached the peak level of $17,691 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($41,772 per ton), while the average price for exports to Maldives ($3,660 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 Canada (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in New Zealand
In 2022, approx. 1.9K tons of iron or steel washers were imported into New Zealand; dropping by -8.4% on the previous year. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 2.1K tons, and then fell in the following year.
In value terms, metal washer imports reduced to $9.5M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports reached the peak of $10M, and then dropped in the following year.
| Import of Metal Washer in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 2.8 | 5.0 | 5.2 | 16.4% |
| Australia | 0.6 | 0.5 | 0.8 | 0.6 | 0.0% |
| Germany | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Taiwan (Chinese) | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Others | 2.7 | 2.4 | 3.3 | 2.8 | 1.2% |
| Total | 7.5 | 6.4 | 10.0 | 9.5 | 8.2% |
Top Suppliers of Metal Washer to New Zealand in 2022:
- China (1670.6 tons)
- Australia (55.9 tons)
- Taiwan (Chinese) (51.1 tons)
- Germany (32.4 tons)
Metal Washer Exports in New Zealand
In 2022, overseas shipments of iron or steel washers decreased by -25.5% to 41 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports reached the peak of 56 tons, and then declined significantly in the following year.
In value terms, metal washer exports shrank remarkably to $494K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, the exports attained the peak of $690K, and then shrank sharply in the following year.
| Export of Metal Washer in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.3 | 13.6 | 41.0 | 125 | 147.0% |
| Australia | 59.4 | 76.8 | 213 | 71.5 | 6.4% |
| United States | 96.7 | 45.1 | 64.5 | 52.0 | -18.7% |
| Vanuatu | 19.4 | 51.5 | 78.1 | 39.0 | 26.2% |
| Cook Islands | 36.4 | 46.6 | 70.3 | 33.9 | -2.3% |
| Fiji | 20.6 | 30.2 | 25.8 | 19.2 | -2.3% |
| American Samoa | 26.5 | 14.9 | 8.6 | 17.8 | -12.4% |
| Tonga | 55.2 | 81.5 | 71.5 | 13.7 | -37.2% |
| Wallis and Futuna Islands | 16.8 | 19.8 | 11.2 | 13.0 | -8.2% |
| New Caledonia | 1.3 | 1.0 | 1.6 | 7.1 | 76.1% |
| Samoa | 16.4 | 8.5 | 11.1 | 2.3 | -48.0% |
| Maldives | 5.1 | 3.7 | 10.3 | 1.4 | -35.0% |
| Others | 58.8 | 89.7 | 83.3 | 97.9 | 18.5% |
| Total | 421 | 483 | 690 | 494 | 5.5% |
Top Export Markets for Metal Washer from New Zealand in 2022:
- Australia (11.0 tons)
- Thailand (10.2 tons)
- Vanuatu (5.8 tons)
- Cook Islands (2.9 tons)
- Tonga (1.8 tons)
- American Samoa (1.6 tons)
- United States (1.2 tons)
- Fiji (1.2 tons)
- New Caledonia (0.8 tons)
- Wallis and Futuna Islands (0.8 tons)
- Samoa (0.4 tons)
- Maldives (0.4 tons)
This report provides an in-depth analysis of the metal washer 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
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
-
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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