Australia and Oceania: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in Australia and Oceania

In 2022, the amount of mechanical appliances for projecting, dispersing or spraying exported in Australia and Oceania expanded modestly to X units, growing by 3.6% against the previous year's figure. Over the period under review, exports, however, showed a mild contraction. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports of reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying soared to $X in 2022. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 37% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Australia (X units) was the key exporter of mechanical appliances for projecting, dispersing or spraying, creating 72% of total exports. It was distantly followed by New Zealand (X units), achieving a 27% share of total exports.

Exports from Australia decreased at an average annual rate of -1.9% from 2012 to 2022. New Zealand (-1.4%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest mechanical appliances for projecting, dispersing or spraying supplier in Australia and Oceania, comprising 73% of total exports. The second position in the ranking was held by New Zealand ($X), with a 27% share of total exports.

In Australia, exports of mechanical appliances for projecting, dispersing or spraying increased at an average annual rate of +3.5% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, growing by 26% against the previous year. Export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mechanical appliances for projecting, dispersing or spraying decreased by -1.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the export price increased by 26%. Over the period under review, the export prices reached the maximum at $X per unit in 2020; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.6%).

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in supplies from abroad of mechanical appliances for projecting, dispersing or spraying, when their volume decreased by -16.6% to X units. In general, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2017 when imports increased by 29% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying reduced modestly to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 17%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Australia was the largest importing country with an import of around X units, which finished at 73% of total imports. It was distantly followed by New Zealand (X units), achieving a 21% share of total imports. French Polynesia (X units) held a minor share of total imports.

Imports into Australia decreased at an average annual rate of -6.2% from 2012 to 2022. At the same time, French Polynesia (+28.2%) and New Zealand (+2.2%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +28.2% from 2012-2022. From 2012 to 2022, the share of New Zealand and French Polynesia increased by +11 and +3.3 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was held by New Zealand ($X), with a 22% share of total imports.

In Australia, imports of mechanical appliances for projecting, dispersing or spraying increased at an average annual rate of +3.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+5.9% per year) and French Polynesia (+3.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, rising by 19% against the previous year. Overall, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by 116%. Over the period under review, import prices hit record highs 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 New Zealand ($X per unit), while French Polynesia ($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 (+10.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :