Australia and Oceania: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Australia and Oceania

The non-electric bakery oven market in Australia and Oceania shrank modestly to $X in 2022, reducing by -3.1% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.0% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Electric Bakery Oven Production in Australia and Oceania

In value terms, non-electric bakery oven production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 49%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Non-Electric Bakery Oven Exports

Exports in Australia and Oceania

In 2022, approx. X units of non-electric bakery ovens were exported in Australia and Oceania; which is down by -17.8% on the previous year. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 94%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-electric bakery oven exports amounted to $X in 2022. Overall, exports, however, continue to indicate a slight increase. The pace of growth appeared the most rapid in 2019 with an increase of 151%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Australia (X units) was the largest exporter of non-electric bakery ovens in Australia and Oceania, constituting 99% of total export.

Australia was also the fastest-growing in terms of the non-electric bakery ovens exports, with a CAGR of -6.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest non-electric bakery oven supplier in Australia and Oceania.

In Australia, non-electric bakery oven exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, jumping by 22% against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 80%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +8.4% per year.

Non-Electric Bakery Oven Imports

Imports in Australia and Oceania

In 2022, the amount of non-electric bakery ovens imported in Australia and Oceania contracted markedly to X units, with a decrease of -35.6% compared with 2021. In general, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, non-electric bakery oven imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of 115% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Australia prevails in imports structure, reaching X units, which was near 71% of total imports in 2022. French Polynesia (X units) took the second position in the ranking, followed by New Zealand (X units) and Wallis and Futuna Islands (X units). All these countries together held near 21% share of total imports. Samoa (X units) held a little share of total imports.

Imports into Australia increased at an average annual rate of +6.8% from 2012 to 2022. At the same time, Samoa (+20.6%), French Polynesia (+11.6%) and New Zealand (+1.0%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +20.6% from 2012-2022. By contrast, Wallis and Futuna Islands (-5.6%) illustrated a downward trend over the same period. Australia (+25 p.p.), French Polynesia (+4.6 p.p.) and Samoa (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Wallis and Futuna Islands saw its share reduced by -7.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported non-electric bakery ovens in Australia and Oceania, comprising 81% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 7.2% share of total imports. It was followed by French Polynesia, with a 2.2% share.

In Australia, non-electric bakery oven imports expanded at an average annual rate of +6.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-0.9% per year) and French Polynesia (-2.9% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by 33% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 40%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Wallis and Futuna Islands ($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 (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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