Australia and Oceania: Civil Reaction Engine Market 2025

Civil Reaction Engine Market Size in Australia and Oceania

The civil reaction engine market in Australia and Oceania declined remarkably to $X in 2021, falling by -51.9% against the previous year. Overall, consumption showed a precipitous decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Civil Reaction Engine Production in Australia and Oceania

In value terms, civil reaction engine production totaled $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild decline. The growth pace was the most rapid in 2014 with an increase of 297% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Civil Reaction Engine Exports

Exports in Australia and Oceania

In 2021, exports of civil reaction engines in Australia and Oceania soared to X units, growing by 156% on 2020 figures. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 4,250% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, civil reaction engine exports skyrocketed to $X in 2021. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 1,393% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the near future.

Exports by Country

New Zealand represented the major exporting country with an export of around X units, which finished at 74% of total exports. It was distantly followed by Australia (X units), generating a 26% share of total exports.

New Zealand was also the fastest-growing in terms of the civil reaction engines exports, with a CAGR of +98.7% from 2012 to 2021. At the same time, Australia (+68.1%) displayed positive paces of growth. New Zealand (+40 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -28.2% from 2012 to 2021, respectively.

In value terms, New Zealand ($X) remains the largest civil reaction engine supplier in Australia and Oceania, comprising 82% of total exports. The second position in the ranking was taken by Australia ($X), with an 18% share of total exports.

In New Zealand, civil reaction engine exports expanded at an average annual rate of +53.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, waning by -17.3% against the previous year. In general, the export price recorded a sharp slump. The pace of growth was the most pronounced in 2014 an increase of 2,935%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-22.9%).

Civil Reaction Engine Imports

Imports in Australia and Oceania

Civil reaction engine imports declined significantly to X units in 2021, reducing by -24.7% compared with 2020. In general, imports continue to indicate a mild descent. The pace of growth was the most pronounced in 2014 when imports increased by 833% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, civil reaction engine imports declined sharply to $X in 2021. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 536%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, New Zealand (X units) and Palau (X units) were the major importers of civil reaction engines in Australia and Oceania, together accounting for near 57% of total imports. Solomon Islands (X units) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Australia (12%) and Papua New Guinea (9%). The following importers - New Caledonia (X units) and French Polynesia (X units) - each finished at a 4% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Palau (with a CAGR of +45.1%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Australia ($X) constitutes the largest market for imported civil reaction engines in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with an 11% share of total imports. It was followed by New Zealand, with a 3% share.

In Australia, civil reaction engine imports declined by an average annual rate of -10.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Papua New Guinea (+26.6% per year) and New Zealand (+50.2% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, reducing by -69.8% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by 925%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Palau ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+70.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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