Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand - 2024

Contents:

1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand
4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $145,565 per ton, surging by 6.2% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machine-tools; parts and accessories, for the machines of heading no. 8464 increased by +83.7% against 2012 indices. The growth pace was the most rapid in 2020 when the average import price increased by 6.5% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($802,600 per ton), while the price for Austria ($74,354 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $59,468 per ton, surging by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $221,425 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($59,728 per ton) and Canada ($59,515 per ton), while the average price for exports to Germany ($59,230 per ton) and Fiji ($59,370 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand

In 2022, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into New Zealand contracted rapidly to 15 tons, shrinking by -21.8% compared with 2021 figures. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 19 tons, and then fell significantly in the following year.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell dramatically to $2.2M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports reached the peak of $2.7M, and then fell sharply in the following year.

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to New Zealand in 2022:

1. Austria (6.6 tons)
2. Switzerland (2.6 tons)
3. China (1.8 tons)
4. Australia (1.1 tons)
5. United States (0.9 tons)
6. Italy (0.4 tons)
7. Germany (0.4 tons)
8. Sweden (0.3 tons)
9. France (0.2 tons)
10. United Kingdom (0.2 tons)
11. Thailand (0.1 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in New Zealand

In 2022, overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -83.4% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 270% against the previous year. As a result, the exports attained the peak of 11 tons, and then declined notably in the following year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell markedly to $111K in 2022. Overall, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 211%. As a result, the exports attained the peak of $587K, and then shrank markedly in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from New Zealand in 2022:

1. Australia (934.0 kg)
2. United States (317.0 kg)
3. Bahrain (179.0 kg)
4. Canada (101.0 kg)
5. Germany (100.0 kg)
6. Bulgaria (92.0 kg)
7. Fiji (73.0 kg)
8. Switzerland (60.0 kg)

Source: IndexBox Market Intelligence Platform