Australia and Oceania: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Australia and Oceania

In 2022, the market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in Australia and Oceania decreased by -1.9% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Australia and Oceania

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids expanded markedly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 45%. Over the period under review, production of attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports in Australia and Oceania

In 2022, overseas shipments of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 63% to X units, rising for the third year in a row after three years of decline. Overall, exports, however, recorded a mild slump. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids dropped to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates solids structure, reaching X units, which was near 97% of total exports in 2022. New Zealand (X units) followed a long way behind the leaders.

Exports from Australia decreased at an average annual rate of -1.5% from 2012 to 2022. At the same time, New Zealand (+2.8%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +2.8% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier in Australia and Oceania, comprising 77% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled -9.8%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, which is down by -42.4% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2019 when the export price increased by 28%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 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 (-4.7%).

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports in Australia and Oceania

Imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids skyrocketed to X units in 2022, rising by 25% against the year before. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids fell significantly to $X in 2022. Overall, imports, however, recorded a mild slump. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Australia prevails in solids structure, recording X units, which was near 64% of total imports in 2022. It was distantly followed by New Zealand (X units), Fiji (X units) and Papua New Guinea (X units), together committing a 24% share of total imports. New Caledonia (X units) and French Polynesia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids imports into Australia stood at +1.2%. At the same time, Fiji (+22.7%), French Polynesia (+9.8%), New Zealand (+9.3%), Papua New Guinea (+5.4%) and New Caledonia (+4.5%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +22.7% from 2012-2022. While the share of Fiji (+7 p.p.) and New Zealand (+4.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-13.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids in Australia and Oceania, comprising 79% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 14% share of total imports. It was followed by Papua New Guinea, with a 2.5% share.

In Australia, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids plunged by an average annual rate of -2.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+10.6% per year) and Papua New Guinea (-6.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, falling by -37.6% against the previous year. Overall, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 77%. The level of import peaked at $X per unit in 2012; however, from 2013 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 (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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