Australia and Oceania: Baby Carriage Market 2024

Baby Carriage Market Size in Australia and Oceania

In 2022, the baby carriage market in Australia and Oceania increased by 9.8% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Baby Carriage Production in Australia and Oceania

In value terms, baby carriage production rose sharply to $X in 2022 estimated in export price. Over the period under review, production saw significant growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 4,367%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Baby Carriage Exports

Exports in Australia and Oceania

In 2022, exports of baby carriages in Australia and Oceania shrank remarkably to X units, falling by -25.2% against the previous year. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 84% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, baby carriage exports shrank modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 72%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, accounting for X units, which was approx. 92% of total exports in 2022. It was distantly followed by New Zealand (X units), making up a 6.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to baby carriage exports from Australia stood at -6.3%. New Zealand (-3.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by +1.6 percentage points.

In value terms, Australia ($X) remains the largest baby carriage supplier in Australia and Oceania, comprising 92% of total exports. The second position in the ranking was held by New Zealand ($X), with a 7% share of total exports.

In Australia, baby carriage exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, surging by 31% against the previous year. Export price indicated a buoyant expansion 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 pace of growth appeared the most rapid in 2015 when the export price increased by 51%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably 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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.0%).

Baby Carriage Imports

Imports in Australia and Oceania

In 2022, the amount of baby carriages imported in Australia and Oceania expanded remarkably to X units, growing by 6.5% compared with the previous year's figure. Over the period under review, imports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, baby carriage imports expanded notably to $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Australia (X units) was the largest importer of baby carriages, committing 86% of total imports. It was distantly followed by New Zealand (X units), generating an 11% share of total imports.

Australia was also the fastest-growing in terms of the baby carriages imports, with a CAGR of -1.2% from 2012 to 2022. New Zealand (-1.5%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported baby carriages in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +4.0%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, increasing by 3% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby carriage import price increased by +6.6% against 2018 indices. The growth pace was the most rapid in 2014 when the import price increased by 18%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 unit), while Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.3%).

Source: IndexBox Platform