Australia: Amplifier Market 2024

Amplifier Market Size in Australia

For the fourth consecutive year, the Australian amplifier market recorded growth in sales value, which increased by 1.3% to $X in 2022. The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Amplifier consumption peaked in 2022 and is expected to retain growth in the near future.

Amplifier Exports

Exports from Australia

In 2022, approx. X units of amplifiers were exported from Australia; picking up by 32% on 2021 figures. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 2,793%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, amplifier exports surged to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 2,788%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X units) was the main destination for amplifier exports from Australia, with a 51% share of total exports. Moreover, amplifier exports to New Zealand exceeded the volume sent to the second major destination, Thailand (X units), threefold. The United States (X units) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to -15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+27.4% per year) and the United States (+3.0% per year).

In value terms, New Zealand ($X), the United States ($X) and Singapore ($X) constituted the largest markets for amplifier exported from Australia worldwide, together accounting for 59% of total exports. Saudi Arabia, Thailand, China, Fiji and Malaysia lagged somewhat behind, together accounting for a further 10%.

In terms of the main countries of destination, Thailand, with a CAGR of +21.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average amplifier export price amounted to $X per unit, surging by 11% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2014 when the average export price increased by 72%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifier Imports

Imports into Australia

After two years of growth, supplies from abroad of amplifiers decreased by -13.3% to X units in 2022. In general, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, amplifier imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 13%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest amplifier supplier to Australia, with a 66% share of total imports. Moreover, amplifier imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), ninefold. The third position in this ranking was held by Indonesia (X units), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.9% per year) and Indonesia (+8.4% per year).

In value terms, China ($X) constituted the largest supplier of amplifiers to Australia, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by the UK, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.6% per year) and the UK (+5.1% per year).

Import Prices by Country

The average amplifier import price stood at $X per unit in 2022, picking up by 27% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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