Australia and Oceania: Market for Spray Guns And Similar Appliances 2024

Exports of Spray Guns And Similar Appliances

Exports in Australia and Oceania

After three years of growth, overseas shipments of spray guns and similar appliances decreased by -14.9% to X units in 2022. Over the period under review, exports, however, recorded a measured increase. The pace of growth appeared the most rapid in 2021 when exports increased by 84%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports soared to $X in 2022. Overall, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 39% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Australia represented the largest exporter of spray guns and similar appliances in Australia and Oceania, with the volume of exports resulting at X units, which was near 88% of total exports in 2022. It was distantly followed by New Zealand (X units), achieving a 12% share of total exports.

Australia was also the fastest-growing in terms of the spray guns and similar appliances exports, with a CAGR of +6.5% from 2012 to 2022. New Zealand (-3.2%) illustrated a downward trend over the same period. While the share of Australia (+14 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-14.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest spray guns and similar appliances supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total exports.

In Australia, spray guns and similar appliances exports expanded at an average annual rate of +9.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, rising by 42% against the previous year. In general, the export price showed tangible growth. The most prominent rate of growth was recorded in 2016 an increase of 79%. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 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 (+4.4%).

Imports of Spray Guns And Similar Appliances

Imports in Australia and Oceania

In 2022, supplies from abroad of spray guns and similar appliances decreased by -15.2% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, spray guns and similar appliances imports contracted slightly to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

Australia represented the key importing country with an import of around X units, which finished at 80% of total imports. It was distantly followed by New Zealand (X units), constituting a 15% share of total imports. French Polynesia (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to spray guns and similar appliances imports into Australia stood at -2.2%. At the same time, French Polynesia (+20.3%) and New Zealand (+6.3%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +20.3% from 2012-2022. While the share of New Zealand (+7.8 p.p.) and French Polynesia (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-10.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported spray guns and similar appliances in Australia and Oceania, comprising 82% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports.

In Australia, spray guns and similar appliances imports increased at an average annual rate of +5.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+10.1% per year) and French Polynesia (+6.1% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, growing by 15% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 51% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while French Polynesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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