Australia and Oceania: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Australia and Oceania

The confectionery-making industrial machinery market in Australia and Oceania reached $X in 2022, increasing by 11% against the previous year. Over the period under review, consumption enjoyed buoyant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Australia and Oceania

In value terms, confectionery-making industrial machinery production declined remarkably to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant expansion. The growth pace was the most rapid in 2016 when the production volume increased by 2,458% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Confectionery-Making Industrial Machinery Exports

Exports in Australia and Oceania

In 2022, exports of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Australia and Oceania declined to X units, with a decrease of -9.3% against 2021 figures. In general, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports contracted significantly to $X in 2022. Overall, exports saw a slight contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 280% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Australia represented the largest exporting country with an export of about X units, which accounted for 76% of total exports. It was distantly followed by New Zealand (X units), generating a 24% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to confectionery-making industrial machinery exports from Australia stood at -3.7%. New Zealand (-3.0%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest confectionery-making industrial machinery supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was held by New Zealand ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +1.4%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, waning by -13.7% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.3%).

Confectionery-Making Industrial Machinery Imports

Imports in Australia and Oceania

Confectionery-making industrial machinery imports rose significantly to X units in 2022, picking up by 6.9% compared with 2021. Total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports rose sharply to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 68%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, accounting for X units, which was near 84% of total imports in 2022. It was distantly followed by Guam (X units) and New Zealand (X units), together achieving a 12% share of total imports. French Polynesia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to confectionery-making industrial machinery imports into Australia stood at +6.4%. At the same time, French Polynesia (+32.8%) and Guam (+27.6%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +32.8% from 2012-2022. By contrast, New Zealand (-15.4%) illustrated a downward trend over the same period. While the share of Australia (+23 p.p.) and Guam (+6.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (-29.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Australia and Oceania, comprising 89% of total imports. The second position in the ranking was held by New Zealand ($X), with a 5.2% share of total imports. It was followed by Guam, with a 4.3% share.

In Australia, confectionery-making industrial machinery imports expanded at an average annual rate of +9.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (-7.2% per year) and Guam (+27.4% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, picking up by 3.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2018 when the import price increased by 31% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while French Polynesia ($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 (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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