Australia and Oceania: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in Australia and Oceania

After two years of growth, the non-electric air heater market in Australia and Oceania decreased by -9.1% to $X in 2022. Over the period under review, consumption recorded a mild contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in Australia and Oceania

In value terms, non-electric air heater production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 34%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Non-Electric Air Heater Exports

Exports in Australia and Oceania

In 2022, non-electric air heater exports in Australia and Oceania rose significantly to X units, surging by 14% against 2021. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of 315%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, non-electric air heater exports expanded rapidly to $X in 2022. In general, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of 314%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia represented the main exporting country with an export of about X units, which finished at 63% of total exports. It was distantly followed by New Zealand (X units), committing a 37% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of +14.1%).

In value terms, Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, New Zealand, with a CAGR of +20.9%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with a decrease of -6% against the previous year. Export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric air heater export price increased by +12.3% against 2019 indices. The pace of growth was the most pronounced in 2015 when the export price increased by 31%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.9%).

Non-Electric Air Heater Imports

Imports in Australia and Oceania

In 2022, purchases abroad of non-electric air heaters or hot air distributors decreased by -25.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, non-electric air heater imports reduced dramatically to $X in 2022. In general, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

Australia dominates imports structure, accounting for X units, which was approx. 96% of total imports in 2022. New Zealand (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the non-electric air heaters or hot air distributors imports, with a CAGR of -4.6% from 2012 to 2022. New Zealand (-9.1%) illustrated a downward trend over the same period. Australia (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -2.1% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported non-electric air heaters or hot air distributors in Australia and Oceania, comprising 94% of total imports. The second position in the ranking was held by New Zealand ($X), with a 5.9% share of total imports.

In Australia, non-electric air heater imports decreased by an average annual rate of -2.5% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, approximately reflecting the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric air heater import price increased by +113.6% against 2015 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by 50% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+6.2%).

Source: IndexBox Platform

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