Australia and Oceania: Diamonded Boring Tools Market 2020

Diamonded Boring Tools Market Size in Australia and Oceania

The revenue of the diamonded boring tools market in Australia and Oceania amounted to $X in 2017, picking up by X% against the previous year. The total market indicated a moderate growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded boring tools consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the diamonded boring tools market attained its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Diamonded Boring Tools Production in Australia and Oceania

In 2017, the amount of boring or broaching tools with working part of diamond produced in Australia and Oceania amounted to X units, lowering by -X% against the previous year. The diamonded boring tools production continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2017, when it surged by -X% year-to-year. Over the period under review, the diamonded boring tools production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Diamonded Boring Tools Exports in Australia and Oceania

In 2017, approx. X units of boring or broaching tools with working part of diamond were exported in Australia and Oceania; dropping by -X% against the previous year. The diamonded boring tools exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2014, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, diamonded boring tools exports stood at $X in 2017. The diamonded boring tools exports continue to indicate a perceptible shrinkage. The level of exports peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Diamonded Boring Tools Exports by Country in Australia and Oceania

Australia was the largest exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by Fiji (X units), creating X% share of total exports. New Zealand (X units) took the slight share of total exports.

Exports from Australia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Fiji (-X%) illustrated a downward trend over the same period. While the share of Australia (X%) and Fiji (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest diamonded boring tools supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports. It was followed by Fiji, with a X% share.

In Australia, diamonded boring tools exports declined by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Fiji (+X% per year).

Diamonded Boring Tools Export Prices by Country in Australia and Oceania

The diamonded boring tools export price in Australia and Oceania stood at $X per unit in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when the export prices increased by X% y-o-y. In that year, the export prices for boring or broaching tools with working part of diamond reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Fiji (+X% per year), while the other leaders experienced more modest paces of growth.

Diamonded Boring Tools Imports in Australia and Oceania

The imports stood at X units in 2017, rising by X% against the previous year. The diamonded boring tools imports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. In that year, the diamonded boring tools imports reached their peak volume of X units. From 2011 to 2017, growth of the diamonded boring tools imports stood at a somewhat lower level.

In value terms, diamonded boring tools imports stood at $X in 2017. The total imports indicated a modest growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the diamonded boring tools imports reached their peak level of $X. From 2011 to 2017, growth of the diamonded boring tools imports failed to regain its momentum.

Diamonded Boring Tools Imports by Country in Australia and Oceania

Australia was the major importer of boring or broaching tools with working part of diamond in Australia and Oceania, with the volume of imports reaching X units, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X units), committing X% share of total imports. Papua New Guinea (X units) took the weak share of total imports.

Imports into Australia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. New Zealand experienced a relatively flat trend pattern. While the share of Papua New Guinea (-X%) and Australia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported boring or broaching tools with working part of diamond in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

In Australia, diamonded boring tools imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Diamonded Boring Tools Import Prices by Country in Australia and Oceania

In 2017, the diamonded boring tools import price in Australia and Oceania amounted to $X per unit, coming down by -X% against the previous year. The diamonded boring tools import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Papua New Guinea ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform