Logistics Market in New Zealand has grown at a robust CAGR of 10.4% during 2017-2021, says a report by Ken Research
1. New Zealand’s Exports Surge to USD 44 Bn While Imports Hit USD 54 Bn in 2022: A Look at the Trade Landscape.
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The global economic recovery and easing of COVID-19 restrictions in countries like EU and US have boosted New Zealand’s exports, particularly food products such as dairy, meat, beverages, fruit & nuts. China has become a significant market for New Zealand’s dairy and wood products. However, increased imports of vehicles, electrical equipment, pharma products, fertilizers, etc., coupled with rising inflation, commodity prices, and freight costs, have inflated import values.
2. Exploring the Role of Airports in New Zealand’s Logistics Market: 5 International and 30 Domestic Airports.
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Air freight accounts for less than 1% of New Zealand’s trade volume. Plans for an international airport in Central Otago’s Tarras are underway to enhance infrastructure capacity. Other regional airports like Nelson, Tauranga, Hawke’s Bay, Invercargill, and New Plymouth are also upgrading their terminals to incorporate advancements in energy efficiency, engineering, runway renewal, robotics, and innovative aircraft.
3. Analyzing New Zealand’s Logistics Infrastructure: Dominance of Road Freight and Low Air Freight Trade Volume.