Australia and Oceania: Steam Blasting Machine Market 2024

Steam Blasting Machine Exports

Exports in Australia and Oceania

In 2021, exports of steam or sand blasting machines and similar jet-projecting machines in Australia and Oceania declined modestly to X units, with a decrease of -3.8% against the previous year's figure. Total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 119%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, steam blasting machine exports reduced sharply to $X in 2021. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2014 when exports increased by 20% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Australia (X units) was the major exporter of steam or sand blasting machines and similar jet-projecting machines, comprising 86% of total exports. It was distantly followed by New Zealand (X units), making up a 13% share of total exports.

Australia was also the fastest-growing in terms of the steam or sand blasting machines and similar jet-projecting machines exports, with a CAGR of +3.7% from 2012 to 2021. New Zealand (-7.6%) illustrated a downward trend over the same period. Australia (+16 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -16.6% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest steam blasting machine supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total exports.

In Australia, steam blasting machine exports contracted by an average annual rate of -4.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, reducing by -15.1% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 an increase of 69% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+1.2%).

Steam Blasting Machine Imports

Imports in Australia and Oceania

Steam blasting machine imports rose markedly to X units in 2021, growing by 9.8% compared with the previous year. Overall, imports, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 17%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, steam blasting machine imports surged to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.8% 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 +99.0% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the major importer of steam or sand blasting machines and similar jet-projecting machines in Australia and Oceania, with the volume of imports accounting for X units, which was near 71% of total imports in 2021. It was distantly followed by New Zealand (X units) and New Caledonia (X units), together achieving a 22% share of total imports. Fiji (X units) took a minor share of total imports.

Imports into Australia decreased at an average annual rate of -3.4% from 2012 to 2021. At the same time, Fiji (+14.2%) and New Caledonia (+7.8%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +14.2% from 2012-2021. New Zealand experienced a relatively flat trend pattern. While the share of New Caledonia (+3.6 p.p.), Fiji (+3 p.p.) and New Zealand (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-8.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines in Australia and Oceania, comprising 92% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 4.2% share of total imports. It was followed by New Caledonia, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +4.4%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-2.4% per year) and New Caledonia (+3.3% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, rising by 41% against the previous year. Import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, steam blasting machine import price increased by +38.6% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Fiji ($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 (+8.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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