Australia: Totaliser Market 2024

Totaliser Market Size in Australia

In 2021, after two years of decline, there was significant growth in the Australian totaliser market, when its value increased by 321% to $X. Overall, consumption enjoyed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Totaliser Production in Australia

In value terms, totaliser production surged to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 224% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Totaliser Exports

Exports from Australia

Totaliser exports from Australia reached X units in 2021, flattening at 2020. Overall, exports, however, saw a deep downturn. The growth pace was the most rapid in 2019 with an increase of 300%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, totaliser exports surged to $X in 2021. Over the period under review, exports posted a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of 368%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X units) was the main destination for totaliser exports from Australia, accounting for a 83% share of total exports. It was followed by Peru (X units), with a 2.7% share of total exports. The third position in this ranking was held by Mongolia (X units), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand totaled +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-53.6% per year) and Mongolia (-45.8% per year).

In value terms, the largest markets for totaliser exported from Australia were Mongolia ($X), Germany ($X) and New Zealand ($X), with a combined 59% share of total exports. These countries were followed by Peru and Malaysia, which together accounted for a further 10%.

Peru, with a CAGR of +203.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average totaliser export price amounted to $X per unit, rising by 116% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2020 an increase of 320%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mongolia ($X per unit), while the average price for exports to New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+557.2%), while the prices for the other major destinations experienced more modest paces of growth.

Totaliser Imports

Imports into Australia

In 2021, approx. X units of continuous and discontinuous totalisers were imported into Australia; increasing by 192% against the previous year's figure. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2019 with an increase of 305%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, totaliser imports reached $X in 2021. In general, imports posted a buoyant expansion. The growth pace was the most rapid in 2016 when imports increased by 119% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of totaliser imports to Australia, with a combined 69% share of total imports. These countries were followed by South Korea, the Czech Republic, Japan, New Zealand and Italy, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +76.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of continuous and discontinuous totalisers to Australia, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Japan, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +50.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.5% per year) and Japan (+110.1% per year).

Import Prices by Country

The average totaliser import price stood at $X per unit in 2021, declining by -65.4% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 923% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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