Australia and Oceania: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Australia and Oceania

After two years of growth, the cable-making machine market in Australia and Oceania decreased by X% to $X in 2022. In general, consumption, however, enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2021, and then fell notably in the following year.

Cable-Making Machine Production in Australia and Oceania

In value terms, cable-making machine production soared to $X in 2022 estimated in export price. In general, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Cable-Making Machine Exports

Exports in Australia and Oceania

In 2022, overseas shipments of rope or cable-making machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cable-making machine exports skyrocketed to $X in 2022. Overall, exports, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. New Zealand (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the rope or cable-making machines exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest cable-making machine supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 (X%).

Cable-Making Machine Imports

Imports in Australia and Oceania

In 2022, approx. X units of rope or cable-making machines were imported in Australia and Oceania; waning by X% against 2021. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, cable-making machine imports declined markedly to $X in 2022. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

New Zealand represented the key importing country with an import of about X units, which reached X% of total imports. It was distantly followed by Fiji (X units), New Caledonia (X units), Australia (X units), Solomon Islands (X units) and Papua New Guinea (X units), together mixing up a X% share of total imports. Palau (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cable-making machine imports into New Zealand stood at X%. At the same time, New Caledonia (X%) and Fiji (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Palau (X%), Solomon Islands (X%), Papua New Guinea (X%) and Australia (X%) illustrated a downward trend over the same period. Fiji (X p.p.), New Caledonia (X p.p.), Solomon Islands (X p.p.) and Palau (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea, New Zealand and Australia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest cable-making machine importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Fiji ($X), with a combined X% share of total imports. New Caledonia, Papua New Guinea, Solomon Islands and Palau lagged somewhat behind, together accounting for a further X%.

New Caledonia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Palau ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :