Australia and Oceania: Market for Vacuum Cleaners With Motor 2024

Market Size for Vacuum Cleaners With Motor in Australia and Oceania

The vacuum cleaner with motor market in Australia and Oceania expanded rapidly to $X in 2021, growing by 8.4% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.6% against 2015 indices. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Vacuum Cleaners With Motor in Australia and Oceania

In value terms, vacuum cleaner with motor production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 24% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then declined in the following year.

Exports of Vacuum Cleaners With Motor

Exports in Australia and Oceania

In 2021, shipments abroad of vacuum cleaners with motor was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.5% 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 decreased by -20.7% against 2018 indices. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, vacuum cleaner with motor exports skyrocketed to $X in 2021. In general, exports saw a strong expansion. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Australia (X tons) represented the major exporter of vacuum cleaners with motor, constituting 70% of total exports. It was distantly followed by New Zealand (X tons), creating a 30% share of total exports.

Exports from Australia increased at an average annual rate of +1.4% from 2012 to 2021. At the same time, New Zealand (+21.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +21.6% from 2012-2021. New Zealand (+22 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -22.1% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest vacuum cleaner with motor supplier in Australia and Oceania, comprising 69% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 30% share of total exports.

In Australia, vacuum cleaner with motor exports increased at an average annual rate of +4.9% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, shrinking by -6.8% against the previous year. Export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the export price increased by 63% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.4%).

Imports of Vacuum Cleaners With Motor

Imports in Australia and Oceania

In 2021, approx. X tons of vacuum cleaners with motor were imported in Australia and Oceania; growing by 3.7% on the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, vacuum cleaner with motor imports totaled $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.8% 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 +70.9% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, Australia (X tons) was the largest importer of vacuum cleaners with motor, creating 85% of total imports. It was distantly followed by New Zealand (X tons), mixing up a 15% share of total imports.

Imports into Australia increased at an average annual rate of +2.4% from 2012 to 2021. At the same time, New Zealand (+4.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +4.1% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +1.9 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported vacuum cleaners with motor in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was held by New Zealand ($X), with a 14% share of total imports.

In Australia, vacuum cleaner with motor imports expanded at an average annual rate of +7.3% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, increasing by 6.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.1%. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+6.9%).

Source: IndexBox Platform

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