Australia and Oceania: Sails Market 2025

Sails Market Size in Australia and Oceania

In 2022, the sails market in Australia and Oceania increased by 6.4% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sails Production in Australia and Oceania

In value terms, sails production dropped modestly to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 60%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Sails Exports

Exports in Australia and Oceania

In 2022, the amount of sails exported in Australia and Oceania skyrocketed to X tons, growing by 44% against the year before. In general, exports saw strong growth. The growth pace was the most rapid in 2017 with an increase of 50% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, sails exports soared to $X in 2022. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand dominates exports structure, amounting to X tons, which was near 93% of total exports in 2022. It was distantly followed by Australia (X tons), achieving a 6.5% share of total exports.

Exports from New Zealand increased at an average annual rate of +8.6% from 2012 to 2022. At the same time, Australia (+9.0%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +9.0% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest sails supplier in Australia and Oceania, comprising 94% of total exports. The second position in the ranking was taken by Australia ($X), with a 5.3% share of total exports.

In New Zealand, sails exports increased at an average annual rate of +8.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by 25% against the previous year. In general, the export price showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.8%).

Sails Imports

Imports in Australia and Oceania

In 2022, imports of sails in Australia and Oceania reached X tons, remaining constant against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 38%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, sails imports stood at $X in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 31%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia was the major importing country with an import of about X tons, which finished at 68% of total imports. New Zealand (X tons) ranks second in terms of the total imports with a 20% share, followed by French Polynesia (5%). New Caledonia (X tons) and Fiji (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -2.5% from 2012 to 2022. At the same time, Fiji (+29.0%), French Polynesia (+10.4%) and New Zealand (+7.1%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +29.0% from 2012-2022. By contrast, New Caledonia (-6.5%) illustrated a downward trend over the same period. While the share of New Zealand (+11 p.p.), French Polynesia (+3.2 p.p.) and Fiji (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Caledonia (-2.2 p.p.) and Australia (-14.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported sails in Australia and Oceania, comprising 73% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 21% share of total imports. It was followed by French Polynesia, with a 1.9% share.

In Australia, sails imports increased at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+9.4% per year) and French Polynesia (+4.6% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, approximately reflecting the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sails import price increased by +7.9% against 2020 indices. The growth pace was the most rapid in 2013 when the import price increased by 40% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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