Container Registrations

June 2017


Released on 27 September 2017 | Download the complete release | pdfIcon 152 KB

  Jun 17
May 17
Apr 17
Mar 17

Total 1,017 1,062 853 869
Business 502 512 462 515
Private 515 550 391 354

Private container registrations push total registrations lower in June

Although container registrations slightly declined by 4.2% in June 2017, it still remained high at a total of 1017 containers compared to 932 containers in June 2016. Private containers fell by 35 containers (6.4%) whilst business containers decreased by 10 containers (2.0%). This trend reflected the continued busy season in Tonga as annual church conferences continued and preparations for the Heilala Festival. It also reflected a continued strong trade sector particularly the wholesale & retail, the informal distribution sector, and a partial indicator for the transportation sector. New Zealand continued to be the major originating source country for these containers, followed by Indonesia. Total number of containers imported from Australia declined by 101 containers (60.8%) but was partly offset by an increase in containers imported from New Zealand.

Total import payments (excluding oil) rose by $2.4 million (8.1%) over the month, which corresponds to the high number of container registrations in both May and June. This was due to higher payments for construction materials which rose by $2.1 million (64.2%), coinciding with a $2.9 million (1.7%) and $0.5 million (5.0%) rise in individual housing loans and business construction loans respectively over the month. This was followed by a $1.0 million (62.7%) rise in payments for motor vehicle imports. Payments for wholesale and retail goods slightly declined by 0.08% which coincided with the slight decline in business containers and number of containers imported from Australia.

In year ended terms, the total container registrations rose by 987 registrations (10.0%), driven by a 905 (21.3%) rise in private containers indicating a rise in the informal distribution sector. Additionally, business containers rose over the year by 82 registrations (1.5%). The large number of events and celebrations held during the year, and increase in private constructions supported this annual growth. In addition, 38 extra cargo ships arrived during the year to June 2017 compared to the previous year, which also supported the transportation sector. This was also consistent with a $36.4 million (13.1%) rise in import payments (excluding oil) as a result of higher import payments for wholesale & retail goods, construction materials, and vehicles.

The Reserve Bank expects imports and consequently container registrations to generally increase in the near term. The Reserve Bank’s liaisons with the construction and transport sectors had indicated growing demand in these sectors which will also drive imports in the near future. On-going construction projects and new private residential constructions are anticipated to contribute to the rise. Spill over effects on the trade, tourism, construction sectors and other sectors in the economy are also anticipated.


Container Registrations Releases

Container Registrations Releases for 2017


pdfIcon June
Released on 27 September 2017 | 152 KB
pdfIcon May
Released on 3 August 2017 | 140 KB

pdfIcon April
Released on 14 July 2017 | 138 KB
pdfIcon March
Released on 21 June 2017 | 144 KB

pdfIcon February
Released on 21 June 2017 | 148 KB
pdfIcon January
Released on 21 June 2017 | 148 KB

2016


pdfIcon December
Released on 9 June 2017 | 148 KB
pdfIcon November
Released on 19 May 2017 | 323 KB

pdfIcon October
Released on 4 April 2017 | 211 KB
pdfIcon September
Released on 9 January 2017 | 329 KB

pdfIcon August
Released on 11 November 2016 | 329 KB
pdfIcon July
Released on 28 October 2016 | 326 KB

pdfIcon June
Released on 22 August 2016 | 384 KB
pdfIcon May
Released on 25 July 2016 | 491 KB

pdfIcon April
Released on 30 June 2016 | 420 KB
pdfIcon March
Released on 3 June 2016 | 400 KB

pdfIcon February
Released on 29 April 2016 | 400 KB
pdfIcon January
Released on 21 April 2016 | 437 KB

2015


pdfIcon December
Released on 16 February 2016 | 326 KB
pdfIcon November
Released on 23 December 2015 | 149 KB

pdfIcon October
Released on 23 December 2015 | 166 KB
pdfIcon September
Released on 10 November 2015 | 338 KB

pdfIcon August
Released on 7 October 2015 | 339 KB
pdfIcon July
Released on 21 September 2015 | 344 KB

pdfIcon June
Released on 3 August 2015 | 386 KB
pdfIcon May
Released on 30 June 2015 | 386 KB

pdfIcon April
Released on 26 May 2015 | 386 KB
pdfIcon March
Released on 8 May 2015 | 386 KB

pdfIcon February
Released on 10 April 2015 | 385 KB
pdfIcon January
Released on 26 February 2015 | 401 KB

2014


pdfIcon December
Released on 30 January 2015 | 141 KB
pdfIcon November
Released on 24 December 2014 | 171 KB

pdfIcon October
Released on 12 December 2014 | 193 KB
pdfIcon September
Released on 11 November 2014 | 390 KB

pdfIcon August
Released on 24 September 2014 | 168 KB
pdfIcon July
Released on 24 September 2014 | 213 KB

pdfIcon June
Release on 18 July 2014 | 238 KB
   

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