Australia and Oceania: Optical Telescope Market 2025

Optical Telescope Market Size in Australia and Oceania

In 2021, the optical telescope market in Australia and Oceania increased by 38% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, showed a noticeable descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Optical Telescope Production in Australia and Oceania

In value terms, optical telescope production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 491% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Optical Telescope Exports

Exports in Australia and Oceania

In 2021, shipments abroad of optical telescopes increased by 111% to X units, rising for the second year in a row after three years of decline. Overall, exports saw a strong expansion. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, optical telescope exports soared to $X in 2021. Over the period under review, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2016 when exports increased by 207%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, amounting to X units, which was approx. 91% of total exports in 2021. It was distantly followed by New Zealand (X units), creating an 8.5% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to optical telescope exports from Australia stood at +8.0%. At the same time, New Zealand (+24.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +24.2% from 2012-2021. While the share of New Zealand (+6.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest optical telescope supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total exports.

In Australia, optical telescope exports plunged by an average annual rate of -5.1% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, dropping by -24.9% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 66% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.8%).

Optical Telescope Imports

Imports in Australia and Oceania

In 2021, supplies from abroad of optical telescopes increased by 127% to X units, rising for the second consecutive year after five years of decline. In general, imports, however, showed a noticeable reduction. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, optical telescope imports surged to $X in 2021. Total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% 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 +28.7% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X units) was the largest importer of optical telescopes, committing 83% of total imports. It was distantly followed by New Zealand (X units), comprising a 16% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to optical telescope imports into Australia stood at -4.6%. At the same time, New Zealand (+4.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +4.9% from 2012-2021. New Zealand (+8.4 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -8.7% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported optical telescopes in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was held by New Zealand ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia was relatively modest.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, with a decrease of -34.2% against the previous year. Over the period under review, the import price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2016 when the import price increased by 70% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.8%).

Source: IndexBox Platform

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