Australia and Oceania: Electric Racing Set Market 2020

Electric Racing Set Market Size in Australia and Oceania

The revenue of the electric racing set market in Australia and Oceania amounted to $X in 2017, picking up by X% against the previous year. The electric racing set consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. The level of electric racing set consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Electric Racing Set Production in Australia and Oceania

The electric racing set production amounted to X units in 2017, approximately reflecting the previous year. The electric racing set production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the electric racing set production attained its maximum volume of X units in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Electric Racing Set Exports in Australia and Oceania

In 2017, exports of electric car racing sets in Australia and Oceania amounted to X units, growing by X% against the previous year. The electric racing set exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. In that year, the electric racing set exports reached their peak volume of X units. From 2012 to 2017, growth of the electric racing set exports failed to regain its momentum.

In value terms, electric racing set exports totaled $X in 2017. The electric racing set exports continue to indicate a strong increase. Over the period under review, the electric racing set exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Electric Racing Set Exports by Country in Australia and Oceania

New Zealand represented the major exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Solomon Islands (X units), making up X% share of total exports. Fiji (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Fiji (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, New Zealand ($X) remains the largest electric racing set supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by Solomon Islands ($X), with a X% share of global exports. It was followed by Fiji, with a X% share.

In New Zealand, electric racing set exports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Solomon Islands (+X% per year) and Fiji (+X% per year).

Electric Racing Set Export Prices by Country in Australia and Oceania

The electric racing set export price in Australia and Oceania stood at $X per unit in 2017, flattening at the previous year. The electric racing set export price continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for electric car racing sets attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was New Zealand ($X per unit), while Solomon Islands ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by New Zealand (-X% per year), while the other leaders experienced a decline in the export price figures.

Electric Racing Set Imports in Australia and Oceania

In 2017, approx. X units of electric car racing sets were imported in Australia and Oceania; remaining stable against the previous year. The electric racing set imports continue to indicate a mild increase. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, electric racing set imports stood at $X in 2017. The electric racing set imports continue to indicate a deep curtailment. Over the period under review, the electric racing set imports reached its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Electric Racing Set Imports by Country in Australia and Oceania

Australia dominates electric racing set imports structure, finishing at X units, which was near X% of total imports in 2017. Vanuatu (X units) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern of electric car racing sets imports. At the same time, Vanuatu (+X%) displayed positive paces of growth. Moreover, Vanuatu emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Vanuatu and Australia decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported electric car racing sets in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by Vanuatu ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia totaled -X%.

Electric Racing Set Import Prices by Country in Australia and Oceania

In 2017, the electric racing set import price in Australia and Oceania amounted to $X per thousand units, dropping by -X% against the previous year. The electric racing set import price continues to indicate a drastic descent. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the import prices for electric car racing sets reached their peak level of $X per unit. From 2012 to 2017, growth of the import prices for electric car racing sets failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Vanuatu ($X per thousand units) and Australia ($X per thousand units), while Australia ($X per thousand units) and Vanuatu ($X per thousand units) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (-X% per year).

Source: IndexBox Platform