Australia and Oceania: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Australia and Oceania

The centrifugal clothes-dryer market in Australia and Oceania contracted to $X in 2021, which is down by -12.3% against the previous year. Overall, consumption continues to indicate a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Centrifugal Clothes-Dryer Production in Australia and Oceania

In value terms, centrifugal clothes-dryer production soared to $X in 2021 estimated in export price. Overall, production, however, saw a significant contraction. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Centrifugal Clothes-Dryer Exports

Exports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in overseas shipments of centrifugal clothes-dryers, when their volume increased by 154% to X units. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 165% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, centrifugal clothes-dryer exports soared to $X in 2021. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 203%. The level of export peaked in 2021 and is likely to continue growth in the near future.

Exports by Country

Australia was the main exporting country with an export of about X units, which reached 71% of total exports. It was distantly followed by New Zealand (X units), generating a 28% share of total exports.

Exports from Australia increased at an average annual rate of +10.6% from 2012 to 2021. At the same time, New Zealand (+60.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +60.5% from 2012-2021. While the share of New Zealand (+26 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-24.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) emerged as the largest centrifugal clothes-dryer supplier in Australia and Oceania, comprising 74% of total exports. The second position in the ranking was held by New Zealand ($X), with a 26% share of total exports.

In Australia, centrifugal clothes-dryer exports increased at an average annual rate of +12.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, increasing by 7.9% against the previous year. Overall, the export price saw a slight expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by 63% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Australia (+1.5%).

Centrifugal Clothes-Dryer Imports

Imports in Australia and Oceania

In 2021, purchases abroad of centrifugal clothes-dryers decreased by -79.4% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by 340% against the previous year. Over the period under review, imports reached the maximum at X units in 2020, and then reduced notably in the following year.

In value terms, centrifugal clothes-dryer imports shrank remarkably to $X in 2021. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2019 when imports increased by 246%. The level of import peaked at $X in 2020, and then shrank markedly in the following year.

Imports by Country

In 2021, Australia (X units), distantly followed by Papua New Guinea (X units), Fiji (X units), French Polynesia (X units), Solomon Islands (X units), New Zealand (X units) and Palau (X units) were the major importers of centrifugal clothes-dryers, together achieving 85% of total imports.

From 2012 to 2021, the biggest increases were recorded for Solomon Islands (with a CAGR of +13.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest centrifugal clothes-dryer importing markets in Australia and Oceania were Papua New Guinea ($X), Australia ($X) and Fiji ($X), together comprising 62% of total imports. French Polynesia, Palau, New Zealand and Solomon Islands lagged somewhat behind, together comprising a further 22%.

Among the main importing countries, French Polynesia, with a CAGR of +32.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, growing by 22% against the previous year. Import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, centrifugal clothes-dryer import price increased by +31.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 98% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while Solomon Islands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by French Polynesia (+21.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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