Australia and Oceania: Spacecraft Market 2025

Spacecraft Market Size in Australia and Oceania

In 2022, after two years of decline, there was significant growth in the spacecraft market in Australia and Oceania, when its value increased by 26,449% to $X. In general, consumption saw a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spacecraft Production in Australia and Oceania

In value terms, spacecraft production rose remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 2,962%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Spacecraft Exports

Exports in Australia and Oceania

Spacecraft exports contracted dramatically to X units in 2022, which is down by -85.1% against 2021 figures. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 1,839%. Over the period under review, the exports hit record highs at X units in 2021, and then fell dramatically in the following year.

In value terms, spacecraft exports fell rapidly to $X in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 4,619%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Australia (X units) and Fiji (X units) dominates exports structure, together comprising 93% of total exports. It was distantly followed by New Zealand (X units), making up a 6.7% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Australia (with a CAGR of +11.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, New Zealand ($X) remains the largest spacecraft supplier in Australia and Oceania, comprising 91% of total exports. The second position in the ranking was taken by Australia ($X), with an 8.7% share of total exports.

In New Zealand, spacecraft exports expanded at an average annual rate of +375.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+41.8% per year) and Fiji (0.0% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, increasing by 338% against the previous year. Overall, the export price saw a significant increase. The pace of growth appeared the most rapid in 2017 an increase of 1,066%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+519.6%).

Spacecraft Imports

Imports in Australia and Oceania

In 2022, imports of civil spacecraft, satellites and launch vehicles in Australia and Oceania dropped notably to X units, falling by -41.9% on the year before. In general, imports, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 441% against the previous year. As a result, imports attained the peak of X units, and then dropped notably in the following year.

In value terms, spacecraft imports soared to $X in 2022. Over the period under review, imports, however, showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Solomon Islands dominates imports structure, finishing at X units, which was near 87% of total imports in 2022. Tonga (X units) took the second position in the ranking, followed by Papua New Guinea (X units). All these countries together took near 11% share of total imports.

Solomon Islands was also the fastest-growing in terms of the civil spacecraft, satellites and launch vehicles imports, with a CAGR of +54.3% from 2012 to 2022. At the same time, Tonga (+35.0%) displayed positive paces of growth. By contrast, Papua New Guinea (-25.3%) illustrated a downward trend over the same period. Solomon Islands (+86 p.p.) and Tonga (+6.2 p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea saw its share reduced by -88.5% from 2012 to 2022, respectively.

In value terms, Solomon Islands ($X) constitutes the largest market for imported civil spacecraft, satellites and launch vehicles in Australia and Oceania, comprising 1.1% of total imports. The second position in the ranking was held by Tonga ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Solomon Islands amounted to +81.2%. The remaining importing countries recorded the following average annual rates of imports growth: Tonga (+10.4% per year) and Papua New Guinea (-28.9% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, rising by 489% against the previous year. Overall, the import price recorded a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 1,023%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tonga ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Solomon Islands (+17.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :