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