Australia and Oceania: Levels Market 2024

Levels Market Size in Australia and Oceania

After two years of growth, the levels market in Australia and Oceania decreased by X% to $X in 2022. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Levels Production in Australia and Oceania

In value terms, levels production dropped remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then plummeted in the following year.

Levels Exports

Exports in Australia and Oceania

In 2022, the amount of levels exported in Australia and Oceania skyrocketed to X units, increasing by X% compared with 2021 figures. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, levels exports dropped remarkably to $X in 2022. In general, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, accounting for X units, which was near X% of total exports in 2022. Fiji (X units) and New Zealand (X units) took a minor share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of levels. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Fiji increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, shrinking by X% against the previous year. In general, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 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 ($X per unit), while Fiji ($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 (X%), while the other leaders experienced a decline in the export price figures.

Levels Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in supplies from abroad of levels, when their volume decreased by X% to X units. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then shrank notably in the following year.

In value terms, levels imports shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Australia (X units) was the largest importer of levels, mixing up X% of total imports. It was distantly followed by New Zealand (X units), comprising an X% share of total imports. Fiji (X units) held a relatively small share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand and Fiji increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported levels in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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