Australia and Oceania: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Australia and Oceania

The filling containers machinery market in Australia and Oceania surged to $X in 2021, increasing by 65% against the previous year. Over the period under review, consumption, however, saw a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Filling Containers Machinery Production in Australia and Oceania

In value terms, filling containers machinery production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 125% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Filling Containers Machinery Exports

Exports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in shipments abroad of machinery for filling, closing, sealing, capsuling or labelling containers, when their volume increased by 6.5% to X units. Overall, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, filling containers machinery exports surged to $X in 2021. Total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 47%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

In 2021, Australia (X units) was the key exporter of machinery for filling, closing, sealing, capsuling or labelling containers, mixing up 67% of total exports. It was distantly followed by New Zealand (X units), constituting a 33% share of total exports.

Exports from Australia decreased at an average annual rate of -11.5% from 2012 to 2021. New Zealand (-5.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +11 percentage points.

In value terms, the largest filling containers machinery supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

In terms of the main exporting countries, New Zealand, with a CAGR of +5.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, picking up by 30% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 43%. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2021, 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 Australia (+14.0%).

Filling Containers Machinery Imports

Imports in Australia and Oceania

In 2021, overseas purchases of machinery for filling, closing, sealing, capsuling or labelling containers increased by 65% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, filling containers machinery imports soared to $X in 2021. Total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 29%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Australia prevails in imports structure, finishing at X units, which was near 85% of total imports in 2021. It was distantly followed by New Zealand (X units), creating a 9.4% share of total imports. The following importers - Papua New Guinea (X units) and New Caledonia (X units) - each reached a 4% share of total imports.

Australia was also the fastest-growing in terms of the machinery for filling, closing, sealing, capsuling or labelling containers imports, with a CAGR of +27.6% from 2012 to 2021. At the same time, New Caledonia (+27.0%) and Papua New Guinea (+15.6%) displayed positive paces of growth. By contrast, New Zealand (-12.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia increased by +62 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported machinery for filling, closing, sealing, capsuling or labelling containers in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was held by New Zealand ($X), with an 18% share of total imports. It was followed by New Caledonia, with a 1.8% share.

In Australia, filling containers machinery imports expanded at an average annual rate of +5.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-0.9% per year) and New Caledonia (+31.2% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, reducing by -21.7% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2013 when the import price increased by 32%. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+13.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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