New Zealand - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 20, 2024

New Zealand - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights

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Non-Metal Permanent Magnet Price in New Zealand - 2023

Contents:

  1. Non-Metal Permanent Magnet Price in New Zealand (CIF) - 2022
  2. Non-Metal Permanent Magnet Price in New Zealand (FOB) - 2022
  3. Non-Metal Permanent Magnet Imports in New Zealand
  4. Non-Metal Permanent Magnet Exports in New Zealand

Non-Metal Permanent Magnet Price in New Zealand (CIF) - 2022

The average non-metal permanent magnet import price stood at $7,760 per ton in 2022, rising by 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($15,515 per ton), while the price for Italy ($1,193 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Metal Permanent Magnet Price in New Zealand (FOB) - 2022

In 2022, the average non-metal permanent magnet export price amounted to $20,618 per ton, which is down by -3.2% against the previous year. Over the period under review, the export price saw a noticeable descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 68%. As a result, the export price attained the peak level of $42,050 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Fiji ($22,573 per ton) and the United States ($22,287 per ton), while the average price for exports to Australia ($20,311 per ton) and Samoa ($20,907 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 Fiji (+2.7%), while the prices for the other major destinations experienced a decline.

Non-Metal Permanent Magnet Imports in New Zealand

In 2022, the amount of non-metal permanent magnets imported into New Zealand totaled 208 tons, with an increase of 6.7% compared with 2021 figures. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-metal permanent magnet imports amounted to $1.6M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +64.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Non-Metal Permanent Magnet in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9617151,0671,1415.9%
United States14210812619110.4%
Australia93.778.31341053.9%
Germany26.720.527.124.7-2.6%
South KoreaN/A0.10.115.81157.0%
Italy15.68.25.812.3-7.6%
Others87.353.610312713.3%
Total1,3269841,4631,6166.8%

Top Suppliers of Non-Metal Permanent Magnet to New Zealand in 2022:

  1. China (117.9 tons)
  2. United States (46.9 tons)
  3. Germany (14.0 tons)
  4. Italy (10.3 tons)
  5. South Korea (7.1 tons)
  6. Australia (6.7 tons)

Non-Metal Permanent Magnet Exports in New Zealand

In 2022, overseas shipments of non-metal permanent magnets were finally on the rise to reach 5.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-metal permanent magnet exports surged to $118K in 2022. Over the period under review, exports, however, showed a abrupt setback.

Export of Non-Metal Permanent Magnet in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia36.625.021.592.236.1%
United States71.545.0N/A18.3-36.5%
SamoaN/AN/A0.44.51025.0%
Malaysia21.0N/AN/AN/A0%
United Kingdom8.03.06.4N/A-10.6%
FranceN/AN/A14.9N/A0%
Others12.32.112.03.1-36.8%
Total14975.255.3118-7.5%

Top Export Markets for Non-Metal Permanent Magnet from New Zealand in 2022:

  1. United Kingdom (undefined tons)
  2. Australia (4.5 tons)
  3. United States (0.8 tons)
  4. Samoa (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-metal permanent magnet 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 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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