Australia and Oceania: Diode Market 2024

Diode Market Size in Australia and Oceania

In 2021, after three years of growth, there was decline in the diode market in Australia and Oceania, when its value decreased by -2.2% to $X. Over the period under review, consumption continues to indicate a noticeable increase. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced modestly in the following year.

Diode Production in Australia and Oceania

In value terms, diode production declined modestly to $X in 2021 estimated in export price. The total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +65.2% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of 31% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Diode Exports

Exports in Australia and Oceania

In 2021, overseas shipments of diodes, other than photosensitive or light emitting diodes were finally on the rise to reach X units after three years of decline. In general, exports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2014 when exports increased by 29% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, diode exports soared to $X in 2021. Overall, exports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Australia (X units) represented the largest exporter of diodes, other than photosensitive or light emitting diodes in Australia and Oceania, achieving 100% of total export.

Australia was also the fastest-growing in terms of the diodes, other than photosensitive or light emitting diodes exports, with a CAGR of -3.0% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest diode supplier in Australia and Oceania.

In Australia, diode exports contracted by an average annual rate of -2.6% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, approximately mirroring the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 35%. The level of export peaked in 2021 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +0.4% per year.

Diode Imports

Imports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in supplies from abroad of diodes, other than photosensitive or light emitting diodes, when their volume increased by 17% to X units. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 35%. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, diode imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia was the largest importing country with an import of around X units, which recorded 68% of total imports. It was distantly followed by New Zealand (X units), making up a 27% share of total imports. Palau (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to diode imports into Australia stood at -1.8%. At the same time, Palau (+99.3%) and New Zealand (+9.2%) displayed positive paces of growth. Moreover, Palau emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +99.3% from 2012-2021. New Zealand (+15 p.p.) and Palau (+2 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -10.6% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported diodes, other than photosensitive or light emitting diodes in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 28% share of total imports.

In Australia, diode imports expanded at an average annual rate of +2.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+3.7% per year) and Palau (+13.2% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, increasing by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2014 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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