Australia and Oceania: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Australia and Oceania

The market for non-domestic percolators and equipment for cooking or heating food in Australia and Oceania contracted rapidly to $X in 2022, which is down by -23.1% against the previous year. In general, consumption recorded a mild slump. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Australia and Oceania

In value terms, production of non-domestic percolators and equipment for cooking or heating food dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2017 with an increase of 56% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports in Australia and Oceania

In 2022, approx. X units of non-domestic percolators and equipment for cooking or heating food were exported in Australia and Oceania; growing by 45% on the year before. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 153%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. In general, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia represented the major exporter of non-domestic percolators and equipment for cooking or heating food in Australia and Oceania, with the volume of exports resulting at X units, which was near 89% of total exports in 2022. It was distantly followed by New Zealand (X units), generating an 11% share of total exports.

Australia was also the fastest-growing in terms of the non-domestic percolators and equipment for cooking or heating food exports, with a CAGR of +9.7% from 2012 to 2022. At the same time, New Zealand (+5.2%) displayed positive paces of growth. From 2012 to 2022, the share of Australia increased by +4.9 percentage points.

In value terms, New Zealand ($X) remains the largest non-domestic percolators and equipment for cooking or heating food supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was taken by Australia ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand totaled +9.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with an increase of 19% against the previous year. Over the period under review, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 46% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood 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 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 (+4.0%).

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports in Australia and Oceania

In 2022, purchases abroad of non-domestic percolators and equipment for cooking or heating food increased by 16% to X units, rising for the sixth year in a row after three years of decline. In general, imports posted tangible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food rose remarkably to $X in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Australia was the main importer of non-domestic percolators and equipment for cooking or heating food in Australia and Oceania, with the volume of imports resulting at X units, which was near 82% of total imports in 2022. It was distantly followed by New Zealand (X units), generating a 16% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-domestic percolators and equipment for cooking or heating food imports into Australia stood at +4.5%. At the same time, New Zealand (+5.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.4% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported non-domestic percolators and equipment for cooking or heating food in Australia and Oceania, comprising 88% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +4.5%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, waning by -6.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by 27% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.0%).

Source: IndexBox Platform