Australia and Oceania: Industrial Robot Market 2024

Industrial Robot Market Size in Australia and Oceania

The industrial robot market in Australia and Oceania declined modestly to $X in 2021, which is down by -4.8% against the previous year. Overall, consumption saw pronounced growth. As a result, consumption attained the peak level of $X, and then dropped slightly in the following year.

Industrial Robot Production in Australia and Oceania

In value terms, industrial robot production shrank to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +90.6% against 2013 indices. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, production attained the peak level of $X, and then fell in the following year.

Industrial Robot Exports

Exports in Australia and Oceania

In 2021, shipments abroad of industrial robots for multiple uses was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 142% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, industrial robot exports skyrocketed to $X in 2021. Overall, exports continue to indicate a tangible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia was the major exporting country with an export of about X units, which finished at 81% of total exports. It was distantly followed by New Zealand (X units), making up a 19% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to industrial robot exports from Australia stood at -1.7%. At the same time, New Zealand (+8.8%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +8.8% from 2012-2021. New Zealand (+11 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -10.6% from 2012 to 2021, respectively.

In value terms, New Zealand ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2021.

New Zealand, with a CAGR of +25.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, picking up by 75% against the previous year. Overall, the export price enjoyed pronounced growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+15.6%).

Industrial Robot Imports

Imports in Australia and Oceania

In 2021, the amount of industrial robots for multiple uses imported in Australia and Oceania skyrocketed to X units, with an increase of 36% compared with the previous year's figure. Total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial robot imports soared to $X in 2021. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia prevails in imports structure, resulting at X units, which was near 96% of total imports in 2021. New Zealand (X units) took a minor share of total imports.

Australia was also the fastest-growing in terms of the industrial robots for multiple uses imports, with a CAGR of +2.4% from 2012 to 2021. New Zealand (-5.8%) illustrated a downward trend over the same period. Australia (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by -2.9% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported industrial robots for multiple uses in Australia and Oceania, comprising 80% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total imports.

In Australia, industrial robot imports increased at an average annual rate of +4.9% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, increasing by 3.2% against the previous year. Import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial robot import price increased by +48.2% against 2015 indices. The pace of growth appeared the most rapid in 2019 when the import price increased by 14%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+29.5%).

Source: IndexBox Platform

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