Australia and Oceania: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Australia and Oceania

In 2021, the respiration apparatus market in Australia and Oceania decreased by -44% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a buoyant increase. The level of consumption peaked at $X in 2020, and then reduced dramatically in the following year.

Respiration Apparatus Production in Australia and Oceania

In value terms, respiration apparatus production contracted sharply to $X in 2021 estimated in export price. Overall, production saw a notable increase. The pace of growth appeared the most rapid in 2017 with an increase of 304% against the previous year. The level of production peaked at $X in 2020, and then declined rapidly in the following year.

Respiration Apparatus Exports

Exports in Australia and Oceania

In 2021, the amount of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exported in Australia and Oceania surged to X tons, with an increase of 64% compared with the previous year. Over the period under review, exports recorded a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 69%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, respiration apparatus exports skyrocketed to $X in 2021. Overall, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, New Zealand (X tons) represented the key exporter of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, comprising 62% of total exports. It was distantly followed by Australia (X tons), generating a 38% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of +11.8%).

In value terms, the largest respiration apparatus supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

New Zealand, with a CAGR of +15.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, dropping by -6.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 39% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.7%).

Respiration Apparatus Imports

Imports in Australia and Oceania

In 2021, the amount of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus imported in Australia and Oceania contracted significantly to X tons, which is down by -27.7% on 2020. Total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +14.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, respiration apparatus imports shrank dramatically to $X in 2021. Over the period under review, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

Australia represented the major importing country with an import of about X tons, which reached 81% of total imports. It was distantly followed by New Zealand (X tons), creating a 14% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to respiration apparatus imports into Australia stood at +1.9%. At the same time, New Zealand (+5.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.1% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +2.6 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +10.5%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 15% against the previous year. Overall, the import price enjoyed a prominent expansion. The growth pace was the most rapid in 2018 an increase of 18%. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+10.0%).

Source: IndexBox Platform

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