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How New Zealand's Logistics Market Skyrocketed to USD 20 Bn in 2021 with Over 30 Airports and a Thriving Road Freight Sector? What Does the Future Hold? : Ken Research

05-16-2023 03:00 PM CET | Logistics & Transport

Press release from: Ken Research Pvt .Ltd

How New Zealand's Logistics Market Skyrocketed to USD 20 Bn

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.

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.

To learn more about this report Download a Free Sample Report: https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2Mzkw

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.

For more insights on the market intelligence, refer to the link below: -
https://www.kenresearch.com/industry-reports/new-zealand-logistics-market

Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

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