Australia and Oceania: Hay-Making Machinery Market 2025

Hay-Making Machinery Market Size in Australia and Oceania

The hay-making machinery market in Australia and Oceania soared to $X in 2021, picking up by 29% against the previous year. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +86.3% against 2018 indices. The level of consumption peaked in 2021 and is likely to see gradual growth in years to come.

Hay-Making Machinery Production in Australia and Oceania

In value terms, hay-making machinery production contracted significantly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 with an increase of 63% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Hay-Making Machinery Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of hay-making machinery decreased by -68.4% to X units in 2021. Over the period under review, exports, however, posted a temperate increase. The pace of growth was the most pronounced in 2019 with an increase of 450%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, hay-making machinery exports dropped dramatically to $X in 2021. In general, exports recorded a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of 1,385% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) represented roughly 100% of total exports in 2021.

New Zealand was also the fastest-growing in terms of the hay-making machinery exports, with a CAGR of +13.0% from 2012 to 2021. While the share of New Zealand (+50 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) also remains the largest hay-making machinery supplier in Australia and Oceania.

In New Zealand, hay-making machinery exports increased at an average annual rate of +11.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, with an increase of 7.4% against the previous year. Over the period under review, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 170%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to -1.5% per year.

Hay-Making Machinery Imports

Imports in Australia and Oceania

For the third year in a row, Australia and Oceania recorded growth in purchases abroad of hay-making machinery, which increased by 48% to X units in 2021. Overall, imports showed a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 73% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, hay-making machinery imports soared to $X in 2021. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 61% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Australia represented the main importer of hay-making machinery in Australia and Oceania, with the volume of imports reaching X units, which was near 74% of total imports in 2021. It was distantly followed by New Zealand (X units), achieving a 26% share of total imports.

Australia was also the fastest-growing in terms of the hay-making machinery imports, with a CAGR of +18.9% from 2012 to 2021. New Zealand experienced a relatively flat trend pattern. Australia (+36 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -35.2% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported hay-making machinery in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 26% share of total imports.

In Australia, hay-making machinery imports expanded at an average annual rate of +18.2% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, falling by -6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 35%. The level of import peaked at $X per unit in 2020, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+1.2%).

Source: IndexBox Platform

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