Australia and Oceania: Threshing Machinery Market 2024

Threshing Machinery Market Size in Australia and Oceania

The threshing machinery market in Australia and Oceania stood at $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, saw a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Threshing Machinery Production in Australia and Oceania

In value terms, threshing machinery production reached $X in 2022 estimated in export price. Overall, production, however, showed a abrupt setback. The growth pace was the most rapid in 2014 when the production volume increased by 36%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Threshing Machinery Exports

Exports in Australia and Oceania

In 2022, shipments abroad of threshing machinery except combine harvester-threshers was finally on the rise to reach X units after four years of decline. Over the period under review, exports, however, saw a deep downturn. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, threshing machinery exports surged to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 387% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia was the key exporter of threshing machinery except combine harvester-threshers in Australia and Oceania, with the volume of exports accounting for X units, which was near 87% of total exports in 2022. It was distantly followed by New Zealand (X units), comprising a 13% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to threshing machinery exports from Australia stood at -8.2%. New Zealand (-4.6%) illustrated a downward trend over the same period. While the share of New Zealand (+3.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-3.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) emerged as the largest threshing machinery supplier in Australia and Oceania, comprising 86% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to -8.6%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, picking up by 3.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 97% against the previous year. The level of export peaked at $X per unit 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 Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.4%).

Threshing Machinery Imports

Imports in Australia and Oceania

After three years of growth, supplies from abroad of threshing machinery except combine harvester-threshers decreased by -61.6% to X units in 2022. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2015 when imports increased by 301%. Over the period under review, imports attained the peak figure at X units in 2021, and then fell dramatically in the following year.

In value terms, threshing machinery imports declined markedly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 325% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

Australia represented the key importer of threshing machinery except combine harvester-threshers in Australia and Oceania, with the volume of imports recording X units, which was near 54% of total imports in 2022. Papua New Guinea (X units) took the second position in the ranking, distantly followed by New Zealand (X units). All these countries together held approx. 40% share of total imports. The following importers - New Caledonia (X units), Solomon Islands (X units) and Fiji (X units) - each resulted at a 5.7% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Papua New Guinea (with a CAGR of +30.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported threshing machinery except combine harvester-threshers in Australia and Oceania, comprising 63% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with an 18% share of total imports. It was followed by New Zealand, with a 13% share.

In Australia, threshing machinery imports increased at an average annual rate of +12.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Papua New Guinea (+19.8% per year) and New Zealand (-13.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, shrinking by -10.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 24%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Solomon Islands (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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