Australia and Oceania: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in Australia and Oceania

The market for pneumatic or hydraulic hand tools in Australia and Oceania soared to $X in 2021, increasing by 17% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pneumatic Or Hydraulic Hand Tools in Australia and Oceania

In value terms, pneumatic or hydraulic hand tool production totaled $X in 2021 estimated in export price. In general, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 238% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports in Australia and Oceania

In 2021, the amount of pneumatic or hydraulic hand tools exported in Australia and Oceania declined rapidly to X tons, which is down by -16.7% on 2020 figures. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool exports reduced to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 32%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Australia (X tons) was the main exporter of pneumatic or hydraulic hand tools, comprising 64% of total exports. It was distantly followed by New Zealand (X tons) and Fiji (X tons), together mixing up a 35% share of total exports.

Exports from Australia decreased at an average annual rate of -11.7% from 2012 to 2021. At the same time, Fiji (+13.2%) and New Zealand (+1.9%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +13.2% from 2012-2021. While the share of New Zealand (+19 p.p.) and Fiji (+5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-22.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest pneumatic or hydraulic hand tool supplier in Australia and Oceania, comprising 70% of total exports. The second position in the ranking was held by New Zealand ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled -2.2%. In the other countries, the average annual rates were as follows: New Zealand (+8.1% per year) and Fiji (+12.9% per year).

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, rising by 7.6% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 25%. Over the period under review, the export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+10.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports in Australia and Oceania

In 2021, purchases abroad of pneumatic or hydraulic hand tools increased by 18% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a pronounced setback. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, pneumatic or hydraulic hand tool imports surged to $X in 2021. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons) was the largest importer of pneumatic or hydraulic hand tools, making up 74% of total imports. It was distantly followed by New Zealand (X tons), making up a 17% share of total imports. The following importers - New Caledonia (X tons), Papua New Guinea (X tons) and Fiji (X tons) - together made up 8% of total imports.

Imports into Australia decreased at an average annual rate of -4.2% from 2012 to 2021. At the same time, New Caledonia (+5.4%), New Zealand (+3.4%) and Papua New Guinea (+2.7%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.4% from 2012-2021. Fiji experienced a relatively flat trend pattern. New Zealand (+7.1 p.p.) and New Caledonia (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -10.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported pneumatic or hydraulic hand tools in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports. It was followed by Papua New Guinea, with a 2.6% share.

In Australia, pneumatic or hydraulic hand tool imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+4.6% per year) and Papua New Guinea (-0.6% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, growing by 4.6% against the previous year. Import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pneumatic or hydraulic hand tool import price increased by +63.1% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by 44%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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 ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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