Australia and Oceania: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Australia and Oceania

In 2022, the appliance part brush market in Australia and Oceania increased by 26% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Appliance Part Brush Production in Australia and Oceania

In value terms, appliance part brush production dropped notably to $X in 2022 estimated in export price. Overall, production recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 22% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Appliance Part Brush Exports

Exports in Australia and Oceania

In 2022, approx. X units of brushes constituting parts of appliances were exported in Australia and Oceania; growing by 8.6% on the previous year's figure. Over the period under review, exports saw a notable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, appliance part brush exports surged to $X in 2022. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 92% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Australia represented the key exporting country with an export of around X units, which reached 83% of total exports. It was distantly followed by New Zealand (X units), constituting a 17% share of total exports.

Exports from Australia increased at an average annual rate of +2.7% from 2012 to 2022. At the same time, New Zealand (+7.7%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +7.7% from 2012-2022. While the share of New Zealand (+5.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-4 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest appliance part brush supplier in Australia and Oceania, comprising 83% of total exports. The second position in the ranking was held by New Zealand ($X), with a 17% share of total exports.

In Australia, appliance part brush exports expanded at an average annual rate of +7.1% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with an increase of 46% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.3%).

Appliance Part Brush Imports

Imports in Australia and Oceania

In 2022, overseas purchases of brushes constituting parts of appliances increased by 31% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a mild decline. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, appliance part brush imports soared to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 +58.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Australia was the largest importer of brushes constituting parts of appliances in Australia and Oceania, with the volume of imports finishing at X units, which was approx. 86% of total imports in 2022. It was distantly followed by New Zealand (X units), mixing up an 11% share of total imports.

Imports into Australia decreased at an average annual rate of -2.2% from 2012 to 2022. At the same time, New Zealand (+2.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +2.6% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +3.9 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported brushes constituting parts of appliances in Australia and Oceania, comprising 86% of total imports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total imports.

In Australia, appliance part brush imports expanded at an average annual rate of +7.4% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, dropping by -6% against the previous year. In general, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2018 when the import price increased by 74%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.9%).

Source: IndexBox Platform

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