Australia and Oceania: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Australia and Oceania

In 2020, the market for instrument panel and wall clocks in Australia and Oceania increased by X% to $X, rising for the second year in a row after five years of decline. Over the period under review, consumption, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Production of Instrument Panel And Wall Clocks in Australia and Oceania

In value terms, instrument panel and wall clock production reduced to $X in 2020 estimated in export prices. The total production indicated slight growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

Production By Country in Australia and Oceania

The country with the largest volume of instrument panel and wall clock production was Papua New Guinea (X tons), comprising approx. X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Papua New Guinea amounted to +X%.

Exports of Instrument Panel And Wall Clocks

Exports in Australia and Oceania

In 2020, exports of instrument panel and wall clocks in Australia and Oceania soared to X tons, rising by X% compared with the year before. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. The volume of export peaked at X tons in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, instrument panel and wall clock exports surged to $X in 2020. Overall, exports recorded a noticeable increase. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Australia was the major exporter of instrument panel and wall clocks in Australia and Oceania, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2020. It was distantly followed by New Zealand (X tons), committing a X% share of total exports. Papua New Guinea (X kg) held a little share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of instrument panel and wall clocks. At the same time, Papua New Guinea (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2007-2020. New Zealand (+X p.p.) and Papua New Guinea (+X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Australia ($X) remains the largest instrument panel and wall clock supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in Australia stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Papua New Guinea (+X% per year) and New Zealand (-X% per year).

Export Prices by Country

In 2020, the export price for instrument panel and wall clocks in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Overall, the export price posted a pronounced increase. The level of export peaked at $X per ton in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Papua New Guinea ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the export price figures.

Imports of Instrument Panel And Wall Clocks

Imports in Australia and Oceania

In 2020, purchases abroad of instrument panel and wall clocks increased by X% to X tons for the first time since 2013, thus ending a six-year declining trend. In general, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, instrument panel and wall clock imports contracted modestly to $X in 2020. Overall, imports, however, saw a slight setback. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

Australia was the key importer of instrument panel and wall clocks in Australia and Oceania, with the volume of imports resulting at X tons, which was near X% of total imports in 2020. It was distantly followed by New Zealand (X tons), creating an X% share of total imports. The following importers - Cook Islands (X tons), Tokelau (X tons), Niue (X tons), Northern Mariana Islands (X tons) and Nauru (X tons) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to instrument panel and wall clock imports into Australia stood at -X%. At the same time, Nauru (+X%), Northern Mariana Islands (+X%), Niue (+X%), Cook Islands (+X%) and Tokelau (+X%) displayed positive paces of growth. Moreover, Nauru emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +X% from 2007-2020. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Cook Islands, Tokelau, Niue, Northern Mariana Islands and Nauru increased by +X%, +X%, +X%, +X% and +X% percentage points, while Australia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported instrument panel and wall clocks in Australia and Oceania, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by Cook Islands, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Australia stood at -X%. In the other countries, the average annual rates were as follows: New Zealand (-X% per year) and Cook Islands (+X% per year).

Import Prices by Country

In 2020, the import price for instrument panel and wall clocks in Australia and Oceania amounted to $X per ton, falling by -X% against the previous year. Overall, the import price, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. The level of import peaked at $X per ton in 2019, and then contracted in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was New Zealand ($X per ton), while Cook Islands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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