Australia and Oceania: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2025

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports in Australia and Oceania

In 2022, the amount of iron or steel gas domestic cooking appliances and plate warmers exported in Australia and Oceania amounted to X units, surging by 8.5% against 2021 figures. In general, exports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2015 with an increase of 65%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers surged to $X in 2022. Over the period under review, exports, however, recorded a noticeable decrease. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the largest exporting country with an export of around X units, which recorded 62% of total exports. It was distantly followed by New Zealand (X units) and Fiji (X units), together mixing up a 37% share of total exports.

Exports from Australia decreased at an average annual rate of -3.4% from 2012 to 2022. At the same time, New Zealand (+2.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +2.4% from 2012-2022. By contrast, Fiji (-1.5%) illustrated a downward trend over the same period. New Zealand (+10 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -9.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers supplying countries in Australia and Oceania were Australia ($X), New Zealand ($X) and Fiji ($X), with a combined 99% share of total exports.

In terms of the main exporting countries, New Zealand, with a CAGR of +5.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, jumping by 28% against the previous year. Overall, the export price, however, saw a pronounced slump. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($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 export price figures.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports in Australia and Oceania

After two years of growth, purchases abroad of iron or steel gas domestic cooking appliances and plate warmers decreased by -4.2% to X units in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports reached the peak of X units, and then contracted modestly in the following year.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers shrank modestly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

Australia was the main importing country with an import of about X units, which recorded 81% of total imports. It was distantly followed by New Zealand (X units), constituting a 13% share of total imports. Fiji (X units) took a little share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of iron or steel gas domestic cooking appliances and plate warmers. At the same time, Fiji (+11.4%) and New Zealand (+2.1%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +11.4% from 2012-2022. While the share of Fiji (+2.1 p.p.) and New Zealand (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-3.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported iron or steel gas domestic cooking appliances and plate warmers in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (+1.9% per year) and Fiji (+4.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, with an increase of 1.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 18%. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform