Australia and Oceania: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in Australia and Oceania

After two years of growth, the panel display manufacturing machine market in Australia and Oceania decreased by -2.5% to $X in 2021. The total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +266.1% against 2018 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped slightly in the following year.

Production of Machines For The Manufacture Of Flat Panel Displays in Australia and Oceania

In value terms, panel display manufacturing machine production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 15%. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports in Australia and Oceania

In 2021, overseas shipments of machines for the manufacture of flat panel displays were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by 1,278% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, panel display manufacturing machine exports shrank notably to $X in 2021. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 1,715%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Australia (X units) was the key exporter of machines for the manufacture of flat panel displays, comprising 78% of total exports. It was distantly followed by New Zealand (X units), committing a 22% share of total exports.

Exports from Australia decreased at an average annual rate of -11.9% from 2012 to 2021. At the same time, New Zealand (+8.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +8.0% from 2012-2021. New Zealand (+18 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -17.9% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest panel display manufacturing machine supplier in Australia and Oceania, comprising 86% of total exports. The second position in the ranking was held by New Zealand ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled -11.3%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, reducing by -29.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 118% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+1.2%).

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports in Australia and Oceania

In 2021, imports of machines for the manufacture of flat panel displays in Australia and Oceania reduced to X units, declining by -13.8% on 2020. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 228%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, panel display manufacturing machine imports rose notably to $X in 2021. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 306% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Australia represented the largest importer of machines for the manufacture of flat panel displays in Australia and Oceania, with the volume of imports finishing at X units, which was near 52% of total imports in 2021. It was distantly followed by New Zealand (X units), Papua New Guinea (X units) and Marshall Islands (X units), together creating a 36% share of total imports. The following importers - Fiji (X units), Tonga (X units) and Samoa (X units) - each amounted to a 12% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to panel display manufacturing machine imports into Australia stood at -9.2%. Marshall Islands, Fiji, Tonga and Samoa experienced a relatively flat trend pattern. Papua New Guinea (-3.1%) and New Zealand (-13.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Marshall Islands, Samoa, Tonga, Fiji and Papua New Guinea increased by +8, +4, +4, +4 and +3.8 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported machines for the manufacture of flat panel displays in Australia and Oceania, comprising 40% of total imports. The second position in the ranking was held by Marshall Islands ($X), with a 14% share of total imports. It was followed by New Zealand, with a 13% share.

In Australia, panel display manufacturing machine imports plunged by an average annual rate of -10.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Marshall Islands (+336.5% per year) and New Zealand (-16.9% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, with an increase of 22% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 39%. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Marshall Islands ($X per unit), while Samoa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tonga (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :