Australia and Oceania: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Australia and Oceania

The non-numerically controlled drilling machine market in Australia and Oceania surged to $X in 2021, increasing by 35% against the previous year. Overall, consumption recorded resilient growth. The level of consumption peaked in 2021 and is likely to continue growth in the near future.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Australia and Oceania

In value terms, non-numerically controlled drilling machine production soared to $X in 2021 estimated in export price. Over the period under review, production posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 4,586% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in Australia and Oceania

In 2021, non-numerically controlled drilling machine exports in Australia and Oceania plummeted to X tons, waning by -56.9% on 2020. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 252% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, non-numerically controlled drilling machine exports reduced dramatically to $X in 2021. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 259% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, accounting for X tons, which was approx. 91% of total exports in 2021. It was distantly followed by New Zealand (X tons), comprising an 8% share of total exports.

Australia was also the fastest-growing in terms of the non-numerically controlled drilling machines for working metal exports, with a CAGR of -19.4% from 2012 to 2021. New Zealand (-21.3%) illustrated a downward trend over the same period. New Zealand (-1.8 p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest non-numerically controlled drilling machine supplier in Australia and Oceania, comprising 86% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -25.0%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, rising by 13% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2018 an increase of 46%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.5%).

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in Australia and Oceania

In 2021, purchases abroad of non-numerically controlled drilling machines for working metal increased by 13% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 29% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine imports skyrocketed to $X in 2021. Total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Australia represented the main importing country with an import of around X tons, which accounted for 71% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a 21% share, followed by Fiji (4.6%). Papua New Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to non-numerically controlled drilling machine imports into Australia stood at -1.7%. At the same time, New Zealand (+9.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +9.9% from 2012-2021. By contrast, Fiji (-6.5%) and Papua New Guinea (-10.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +13 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported non-numerically controlled drilling machines for working metal in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total imports. It was followed by Papua New Guinea, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +2.9%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+7.3% per year) and Papua New Guinea (-7.4% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, growing by 11% against the previous year. Import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine import price increased by +37.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 66%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Papua New Guinea ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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