New Zealand - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in New Zealand - 2023
Contents:
- Thermostat Price in New Zealand (CIF) - 2022
- Thermostat Price in New Zealand (FOB) - 2022
- Thermostat Imports in New Zealand
- Thermostat Exports in New Zealand
Thermostat Price in New Zealand (CIF) - 2022
In 2022, the average thermostat import price amounted to $12 per unit, falling by -28.6% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 3.8%. Over the period under review, average import prices hit record highs at $27 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($54 per unit), while the price for the United States ($5.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced a decline.
Thermostat Price in New Zealand (FOB) - 2022
The average thermostat export price stood at $1,896 per unit in 2022, declining by -39.6% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2016 when the average export price increased by 253% against the previous year. Over the period under review, the average export prices reached the maximum at $3,236 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,290 per unit), while the average price for exports to Fiji ($82 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in New Zealand
In 2022, the amount of thermostats imported into New Zealand surged to 682K units, growing by 44% on the year before. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +75.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, thermostat imports rose modestly to $7.9M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Thermostat in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,164 | 2,290 | 2,441 | 3,143 | 13.2% |
| Germany | 1,023 | 1,001 | 1,025 | 862 | -5.5% |
| Denmark | 233 | 251 | 424 | 524 | 31.0% |
| Australia | 734 | 421 | 352 | 385 | -19.4% |
| United States | 675 | 286 | 330 | 330 | -21.2% |
| Japan | 385 | 395 | 474 | 262 | -12.0% |
| France | 267 | 283 | 250 | 194 | -10.1% |
| Others | 1,591 | 2,091 | 2,352 | 2,179 | 11.1% |
| Total | 7,072 | 7,019 | 7,648 | 7,879 | 3.7% |
Top Suppliers of Thermostat to New Zealand in 2022:
- China (459.4K units)
- United States (57.9K units)
- Australia (45.4K units)
- France (32.8K units)
- Germany (21.4K units)
- Denmark (13.0K units)
- Japan (6.5K units)
Thermostat Exports in New Zealand
In 2022, after two years of decline, there was significant growth in overseas shipments of thermostats, when their volume increased by 98% to 606 units. In general, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, thermostat exports skyrocketed to $1.1M in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Thermostat in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 370 | 652 | 401 | 593 | 17.0% |
| Belgium | 49.2 | 20.5 | 3.0 | 249 | 71.7% |
| United States | 128 | 124 | 123 | 178 | 11.6% |
| Fiji | 14.7 | 4.3 | 3.6 | 15.7 | 2.2% |
| Argentina | 9.8 | 21.1 | 10.6 | N/A | 4.0% |
| Others | 265 | 185 | 420 | 113 | -24.7% |
| Total | 837 | 1,007 | 961 | 1,149 | 11.1% |
Top Export Markets for Thermostat from New Zealand in 2022:
- Australia (249.0 units)
- Fiji (191.0 units)
- Belgium (102.0 units)
- United States (22.0 units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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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