Australia: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Australia

The Australian balloon and dirigible market soared to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Balloon And Dirigible Exports

Exports from Australia

In 2022, the amount of balloons, dirigibles and other non-powered aircraft exported from Australia declined rapidly to X units, waning by X% compared with the previous year. Overall, exports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, balloon and dirigible exports skyrocketed to $X in 2022. In general, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for balloon and dirigible exports from Australia, accounting for a X% share of total exports. Moreover, balloon and dirigible exports to the United States exceeded the volume sent to the second major destination, New Zealand (X units), fivefold. Japan (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Japan (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for balloons, dirigibles and other non-powered aircraft exports from Australia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average balloon and dirigible export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Balloon And Dirigible Imports

Imports into Australia

After three years of decline, supplies from abroad of balloons, dirigibles and other non-powered aircraft increased by X% to X units in 2022. In general, imports, however, recorded a abrupt descent. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, balloon and dirigible imports surged to $X in 2022. Overall, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of balloon and dirigible imports to Australia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X), China ($X) and Germany ($X) constituted the largest balloon and dirigible suppliers to Australia, together comprising X% of total imports.

The Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average balloon and dirigible import price amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, balloon and dirigible import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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