Australia and Oceania: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in Australia and Oceania

In 2022, after two years of growth, there was significant decline in the metal liquid fuel appliances market in Australia and Oceania, when its value decreased by -22.7% to $X. In general, consumption showed a mild downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Liquid Fuel Domestic Appliances in Australia and Oceania

In value terms, metal liquid fuel appliances production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a dramatic shrinkage. The growth pace was the most rapid in 2016 with an increase of 74% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports in Australia and Oceania

Metal liquid fuel appliances exports dropped remarkably to X units in 2022, which is down by -56.1% against the previous year. Overall, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 211%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, metal liquid fuel appliances exports shrank rapidly to $X in 2022. Over the period under review, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2014 with an increase of 408%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Australia (X units) represented the major exporter of iron or steel liquid fuel domestic appliances, constituting 87% of total exports. It was distantly followed by New Zealand (X units), achieving a 13% share of total exports.

Australia was also the fastest-growing in terms of the iron or steel liquid fuel domestic appliances exports, with a CAGR of -13.8% from 2012 to 2022. New Zealand (-42.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by +76 percentage points.

In value terms, Australia ($X) remains the largest metal liquid fuel appliances supplier in Australia and Oceania, comprising 94% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 5.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -16.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of 279% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-3.2%).

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports in Australia and Oceania

In 2022, overseas purchases of iron or steel liquid fuel domestic appliances decreased by -24.2% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, metal liquid fuel appliances imports reduced dramatically to $X in 2022. In general, imports, however, recorded measured growth. The pace of growth was the most pronounced in 2021 when imports increased by 77%. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

Australia represented the largest importer of iron or steel liquid fuel domestic appliances in Australia and Oceania, with the volume of imports accounting for X units, which was approx. 82% of total imports in 2022. It was distantly followed by New Zealand (X units), constituting a 17% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal liquid fuel appliances imports into Australia stood at -5.7%. At the same time, New Zealand (+9.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +9.2% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +12 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported iron or steel liquid fuel domestic appliances in Australia and Oceania, comprising 78% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +1.2%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, rising by 4.4% against the previous year. Overall, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when the import price increased by 66%. Over the period under review, import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+8.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :