Australia and Oceania: Resistor Market 2024

Resistor Market Size in Australia and Oceania

The resistor market in Australia and Oceania fell modestly to $X in 2022, flattening at the previous year. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Resistor Production in Australia and Oceania

In value terms, resistor production reduced slightly to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Resistor Exports

Exports in Australia and Oceania

Resistor exports skyrocketed to X units in 2022, picking up by X% compared with the year before. Overall, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, resistor exports surged to $X in 2022. In general, exports posted a modest expansion. The growth pace was the most rapid in 2019 when exports increased by X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, finishing at X units, which was near X% of total exports in 2022. New Zealand (X units) took a little share of total exports.

Australia was also the fastest-growing in terms of the electrical resistors (except heating resistors) exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per thousand units, dropping by X% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, resistor export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per thousand units in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 thousand units), while Australia stood at $X per thousand units.

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

Resistor Imports

Imports in Australia and Oceania

In 2022, overseas purchases of electrical resistors (except heating resistors) increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, resistor imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Australia dominates imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), achieving a X% share of total imports. New Caledonia (X units) and Papua New Guinea (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to resistor imports into Australia stood at X%. At the same time, New Caledonia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Papua New Guinea (X%) and New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Caledonia and Papua New Guinea increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

In Australia, resistor imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 New Zealand ($X per unit), while Papua New Guinea (less than $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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :