Australia and Oceania: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Australia and Oceania

The injection-moulding machine market in Australia and Oceania expanded rapidly to $X in 2022, with an increase of 12% against the previous year. Over the period under review, consumption enjoyed a strong expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Injection-Moulding Machine Production in Australia and Oceania

In value terms, injection-moulding machine production rose markedly to $X in 2022 estimated in export price. Overall, production showed resilient growth. The growth pace was the most rapid in 2014 when the production volume increased by 119% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Injection-Moulding Machine Exports

Exports in Australia and Oceania

In 2022, the amount of injection-moulding machines for working rubber or plastics exported in Australia and Oceania shrank notably to X units, falling by -52.6% compared with 2021 figures. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of 426% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, injection-moulding machine exports shrank markedly to $X in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 327% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia represented the largest exporting country with an export of around X units, which amounted to 78% of total exports. It was distantly followed by New Zealand (X units), mixing up a 21% share of total exports.

Exports from Australia decreased at an average annual rate of -10.4% from 2012 to 2022. New Zealand (-10.2%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) emerged as the largest injection-moulding machine supplier in Australia and Oceania, comprising 77% of total exports. The second position in the ranking was taken by Australia ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual growth rate of value in New Zealand amounted to +7.9%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, surging by 44% against the previous year. Overall, the export price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2015 when the export price increased by 200% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+20.1%).

Injection-Moulding Machine Imports

Imports in Australia and Oceania

In 2022, purchases abroad of injection-moulding machines for working rubber or plastics increased by 4.2% to X units, rising for the third year in a row after three years of decline. The total import volume increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 26% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, injection-moulding machine imports rose sharply to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +63.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Australia represented the largest importer of injection-moulding machines for working rubber or plastics in Australia and Oceania, with the volume of imports recording X units, which was approx. 68% of total imports in 2022. It was distantly followed by New Zealand (X units), committing a 28% share of total imports. French Polynesia (X units) held a minor share of total imports.

Imports into Australia increased at an average annual rate of +2.3% from 2012 to 2022. At the same time, French Polynesia (+16.2%) and New Zealand (+1.4%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +16.2% from 2012-2022. Australia (+4 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported injection-moulding machines for working rubber or plastics in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was held by New Zealand ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +2.8%. In the other countries, the average annual rates were as follows: New Zealand (+4.3% per year) and French Polynesia (-8.1% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 an increase of 27%. The level of import peaked in 2022 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 Australia ($X per unit), while French Polynesia ($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 (+2.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :