Australia and Oceania: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Exports

Exports in Australia and Oceania

In 2022, approx. X units of water-skis, surfboards and sailboards were exported in Australia and Oceania; which is down by -10.4% on the previous year's figure. Overall, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, the exports reached the peak of X units, and then declined in the following year.

In value terms, water-skis and surfboards exports stood at $X in 2022. In general, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Australia prevails in exports structure, amounting to X units, which was approx. 95% of total exports in 2022. New Zealand (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the water-skis, surfboards and sailboards exports, with a CAGR of +8.2% from 2012 to 2022. New Zealand (-7.3%) illustrated a downward trend over the same period. While the share of Australia (+14 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-13.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest water-skis and surfboards supplier in Australia and Oceania, comprising 95% of total exports. The second position in the ranking was held by New Zealand ($X), with a 4.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +10.3%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, rising by 12% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, water-skis and surfboards export price decreased by -10.2% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 23%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+6.7%).

Water-Skis And Surfboards Imports

Imports in Australia and Oceania

In 2022, overseas purchases of water-skis, surfboards and sailboards increased by 5.6% to X units, rising for the second consecutive year after three years of decline. Overall, imports posted a modest expansion. The most prominent rate of growth was recorded in 2013 with an increase of 65%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, water-skis and surfboards imports amounted to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

Australia was the major importer of water-skis, surfboards and sailboards in Australia and Oceania, with the volume of imports finishing at X units, which was approx. 77% of total imports in 2022. It was distantly followed by New Zealand (X units), constituting a 19% share of total imports. French Polynesia (X units) held a minor share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of water-skis, surfboards and sailboards. At the same time, New Zealand (+7.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.0% from 2012-2022. French Polynesia experienced a relatively flat trend pattern. New Zealand (+7.8 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -7.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported water-skis, surfboards and sailboards in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was held by New Zealand ($X), with a 19% share of total imports.

In Australia, water-skis and surfboards imports expanded at an average annual rate of +7.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+9.5% per year) and French Polynesia (+2.4% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, which is down by -3.5% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2018 when the import price increased by 119% against the previous year. The level of import peaked at $X per unit in 2021, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was French Polynesia ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :