Australia and Oceania: Vices And Clamps Market 2025

Vices And Clamps Market Size in Australia and Oceania

In 2022, the vices and clamps market in Australia and Oceania increased by 6.6% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Vices And Clamps Production in Australia and Oceania

In value terms, vices and clamps production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 108,210% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Vices And Clamps Exports

Exports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in overseas shipments of vices and clamps, when their volume decreased by -28% to X tons. In general, exports, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2021 with an increase of 80%. As a result, the exports reached the peak of X tons, and then reduced notably in the following year.

In value terms, vices and clamps exports expanded notably to $X in 2022. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.0% against 2017 indices. The pace of growth was the most pronounced in 2015 with an increase of 71% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Australia (X tons) represented the key exporter of vices and clamps, committing 87% of total exports. It was distantly followed by New Zealand (X tons), achieving a 12% share of total exports.

Australia was also the fastest-growing in terms of the vices and clamps exports, with a CAGR of +4.7% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. Australia (+6.5 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -6.6% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest vices and clamps supplier in Australia and Oceania, comprising 87% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +3.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, surging by 55% against the previous year. Over the period under review, the export price, however, showed a slight contraction. The level of export peaked at $X per ton 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 ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.9%).

Vices And Clamps Imports

Imports in Australia and Oceania

In 2022, purchases abroad of vices and clamps increased by 3.7% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vices and clamps imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Australia represented the major importer of vices and clamps in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. 75% of total imports in 2022. It was distantly followed by New Zealand (X tons), generating a 19% share of total imports. Papua New Guinea (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vices and clamps imports into Australia stood at -4.4%. At the same time, New Zealand (+4.2%) and Papua New Guinea (+3.3%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +4.2% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +9.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported vices and clamps in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total imports.

In Australia, vices and clamps imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+6.0% per year) and Papua New Guinea (-1.0% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, therefore, remained relatively stable against the previous year. Import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vices and clamps import price decreased by -14.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 40%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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