Australia and Oceania: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in Australia and Oceania

The revenue of the electrical induction industrial oven market in Australia and Oceania amounted to $X in 2017, coming down by -X% against the previous year. The electrical induction industrial oven consumption continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. The level of electrical induction industrial oven consumption peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Electrical Induction Industrial Oven Production in Australia and Oceania

In 2017, production of electrical induction industrial or laboratory furnaces and ovens in Australia and Oceania stood at X units, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. Over the period under review, the electrical induction industrial oven production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Electrical Induction Industrial Oven Exports in Australia and Oceania

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens exported in Australia and Oceania amounted to X units, increasing by X% against the previous year. The electrical induction industrial oven exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the electrical induction industrial oven exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electrical induction industrial oven exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrical induction industrial oven exports increased by +X% against 2014 indices. In that year, the electrical induction industrial oven exports reached their peak level, and are likely to continue its growth in the immediate term.

Electrical Induction Industrial Oven Exports by Country in Australia and Oceania

Australia (X units) represented roughly X% of total exports of electrical induction industrial or laboratory furnaces and ovens in 2017.

Australia was also the fastest growing in terms of the electrical induction industrial or laboratory furnaces and ovens exports, with a CAGR of +X% from 2007 to 2017. While the share of Australia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest electrical induction industrial oven supplier in Australia and Oceania.

In Australia, electrical induction industrial oven exports increased at an average annual rate of +X% over the period from 2007-2017.

Electrical Induction Industrial Oven Export Prices by Country in Australia and Oceania

The electrical induction industrial oven export price in Australia and Oceania stood at $X thousand per unit in 2017, falling by -X% against the previous year. The electrical induction industrial oven export price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. The level of export price peaked of $X thousand per unit in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for Australia.

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

Electrical Induction Industrial Oven Imports in Australia and Oceania

The imports totaled X units in 2017, falling by -X% against the previous year. The electrical induction industrial oven imports continue to indicate a perceptible growth. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. In that year, the electrical induction industrial oven imports attained their peak volume of X units. From 2014 to 2017, growth of the electrical induction industrial oven imports stood at a somewhat lower level.

In value terms, electrical induction industrial oven imports totaled $X in 2017. The total imports indicated a perceptible increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electrical induction industrial oven imports increased by +X% against 2014 indices. In that year, the electrical induction industrial oven imports reached their peak level of $X, and then declined slightly in the following year.

Electrical Induction Industrial Oven Imports by Country in Australia and Oceania

Australia prevails in electrical induction industrial oven imports structure, recording X units, which was approx. X% of total imports in 2017. New Zealand (X units) took the minor share of total imports.

Australia was also the fastest growing in terms of the electrical induction industrial or laboratory furnaces and ovens imports, with a CAGR of +X% from 2007 to 2017. New Zealand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Australia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported electrical induction industrial or laboratory furnaces and ovens in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($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%.

Electrical Induction Industrial Oven Import Prices by Country in Australia and Oceania

The electrical induction industrial oven import price in Australia and Oceania stood at $X thousand per unit in 2017, coming up by X% against the previous year. The electrical induction industrial oven import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, an increase of X% y-o-y. Over the period under review, the import prices for electrical induction industrial or laboratory furnaces and ovens attained its maximum level of $X thousand per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X thousand per unit), while Australia ($X thousand per unit) was amongst the lowest.

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

Source: IndexBox Platform