Australia and Oceania: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Australia and Oceania

The billiard accessoires market in Australia and Oceania surged to $X in 2022, growing by 19% against the previous year. Overall, consumption, however, continues to indicate a perceptible descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Billiard Accessoires Production in Australia and Oceania

In value terms, billiard accessoires production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The growth pace was the most rapid in 2015 with an increase of 504,491,225% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Billiard Accessoires Exports

Exports in Australia and Oceania

In 2022, billiard accessoires exports in Australia and Oceania reduced dramatically to X tons, with a decrease of -25.6% on the previous year's figure. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 119% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, billiard accessoires exports declined to $X in 2022. In general, exports, however, posted a notable expansion. The pace of growth was the most pronounced in 2017 when exports increased by 162% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, recording X tons, which was approx. 95% of total exports in 2022. Fiji (X tons) and New Zealand (X tons) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the articles and accessories for billiards exports, with a CAGR of +8.6% from 2012 to 2022. Fiji experienced a relatively flat trend pattern. New Zealand (-10.9%) illustrated a downward trend over the same period. While the share of Australia (+15 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Fiji (-2.5 p.p.) and New Zealand (-8.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest billiard accessoires supplier in Australia and Oceania, comprising 98% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at +2.7%. In the other countries, the average annual rates were as follows: New Zealand (-12.1% per year) and Fiji (-6.5% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, rising by 16% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2015 when the export price increased by 22% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-1.3%), while the other leaders experienced a decline in the export price figures.

Billiard Accessoires Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of articles and accessories for billiards increased by 50% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 74%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, billiard accessoires imports stood at $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +112.3% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Australia (X tons) was the main importer of articles and accessories for billiards, making up 74% of total imports. It was distantly followed by New Zealand (X tons), generating a 20% share of total imports. French Polynesia (X tons) took a little share of total imports.

Imports into Australia decreased at an average annual rate of -10.6% from 2012 to 2022. At the same time, French Polynesia (+9.0%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +9.0% from 2012-2022. New Zealand experienced a relatively flat trend pattern. While the share of New Zealand (+12 p.p.) and French Polynesia (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-16.4 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported articles and accessories for billiards in Australia and Oceania, comprising 73% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +1.9%. In the other countries, the average annual rates were as follows: New Zealand (+6.8% per year) and French Polynesia (+9.2% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, reducing by -32.2% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when the import price increased by 326%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while French Polynesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :