Australia and Oceania: Fireworks Market 2024

Fireworks Market Size in Australia and Oceania

The fireworks market in Australia and Oceania skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption, however, saw a perceptible setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Fireworks Production in Australia and Oceania

In value terms, fireworks production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Fireworks Exports

Exports in Australia and Oceania

In 2022, the amount of fireworks exported in Australia and Oceania skyrocketed to X tons, picking up by X% against 2021 figures. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, fireworks exports soared to $X in 2022. Over the period under review, exports enjoyed noticeable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand was the main exporting country with an export of around X tons, which resulted at X% of total exports. New Caledonia (X tons) held the second position in the ranking, distantly followed by Australia (X tons). All these countries together took approx. X% share of total exports.

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

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

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, saw a mild decrease. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the export price figures.

Fireworks Imports

Imports in Australia and Oceania

In 2022, approx. X tons of fireworks were imported in Australia and Oceania; jumping by X% compared with the year before. In general, imports, however, continue to indicate a pronounced shrinkage. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, fireworks imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a slight slump. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) represented the main importer of fireworks, creating X% of total imports. New Zealand (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Fiji (X%).

Australia experienced a relatively flat trend pattern with regard to volume of imports of fireworks. Fiji (X%) and 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 imports from 2012-2022, the share of Fiji (X p.p.) and New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported fireworks in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual 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 Fiji ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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