Australia and Oceania: Gas Turbine Market 2020

Gas Turbine Market Size in Australia and Oceania

The revenue of the gas turbine market in Australia and Oceania amounted to $X in 2017, jumping by X% against the previous year. The gas turbine consumption continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. The level of gas turbine consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Gas Turbine Production in Australia and Oceania

In 2017, gas turbine production in Australia and Oceania amounted to X units, leveling off at the previous year. The gas turbine production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. Over the period under review, the gas turbine production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Gas Turbine Exports in Australia and Oceania

In 2017, the amount of gas turbines exported in Australia and Oceania amounted to X units, declining by -X% against the previous year. The gas turbine exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, gas turbine exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. In that year, the gas turbine exports reached their peak level of $X. From 2011 to 2017, growth of the gas turbine exports failed to regain its momentum.

Gas Turbine Exports by Country in Australia and Oceania

Australia dominates gas turbine exports structure, amounting to X units, which was near X% of total exports in 2017. New Zealand (X units) held the slight share of total exports.

Australia was also the fastest growing in terms of the gas turbines exports, 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 New Zealand increased by X% percentage points, while Australia (-X%) saw their share reduced.

In value terms, Australia ($X) remains the largest gas turbine supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

In Australia, gas turbine exports expanded at an average annual rate of +X% over the period from 2007-2017.

Gas Turbine Export Prices by Country in Australia and Oceania

In 2017, the gas turbine export price in Australia and Oceania amounted to $X thousand per unit, going up by X% against the previous year. The gas turbine export price continues to indicate a drastic descent. The pace of growth appeared the most rapid in 2010, an increase of X% y-o-y. Over the period under review, the export prices for gas turbines reached its peak figure level of $X thousand per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export 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 export prices was attained by New Zealand (+X% per year).

Gas Turbine Imports in Australia and Oceania

In 2017, the amount of gas turbines imported in Australia and Oceania stood at X units, jumping by X% against the previous year. The gas turbine imports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2016, when imports increased by X% against the previous year. Over the period under review, the gas turbine imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, gas turbine imports totaled $X in 2017. The total imports 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 gas turbine imports increased by +X% against 2015 indices. In that year, the gas turbine imports attained their peak level of $X. From 2012 to 2017, growth of the gas turbine imports stood at a somewhat lower level.

Gas Turbine Imports by Country in Australia and Oceania

Australia was the largest importing country with an import of around X units, which recorded X% of total imports. It was distantly followed by Papua New Guinea (X units) and New Zealand (X units), together creating X% share of total imports.

Imports into Australia increased at an average annual rate of +X% from 2007 to 2017. 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 importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of New Zealand, Papua New Guinea and Australia decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported gas turbines in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, 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 Papua New Guinea (-X% per year).

Gas Turbine Import Prices by Country in Australia and Oceania

In 2017, the gas turbine import price in Australia and Oceania amounted to $X thousand per unit, dropping by -X% against the previous year. The gas turbine import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2009, when the import prices increased by X% against the previous year. The level of import price peaked of $X thousand per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Australia ($X thousand per unit), while Papua New Guinea ($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), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform