Australia: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in Australia

In 2022, the Australian domestic coffee machine market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Domestic Coffee Machine Production in Australia

In value terms, domestic coffee machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Domestic Coffee Machine Exports

Exports from Australia

In 2022, the amount of domestic electric coffee or tea makers exported from Australia reduced sharply to X units, waning by X% compared with 2021 figures. Overall, exports, however, showed a mild expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, domestic coffee machine exports dropped remarkably to $X in 2022. Over the period under review, exports, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

New Zealand (X units) was the main destination for domestic coffee machine exports from Australia, with a X% share of total exports. Moreover, domestic coffee machine exports to New Zealand exceeded the volume sent to the second major destination, China (X units), threefold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the United Arab Emirates (X% per year).

In value terms, New Zealand ($X), China ($X) and Hong Kong SAR ($X) appeared to be the largest markets for domestic coffee machine exported from Australia worldwide.

Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average domestic coffee machine export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, posted notable growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas 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 mixed trend patterns.

Domestic Coffee Machine Imports

Imports into Australia

In 2022, purchases abroad of domestic electric coffee or tea makers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a slight decrease. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, domestic coffee machine imports rose modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest domestic coffee machine supplier to Australia, accounting for a X% share of total imports. Moreover, domestic coffee machine imports from China exceeded the figures recorded by the second-largest supplier, Ukraine (X units), fivefold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic electric coffee or tea makers to Australia, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the average domestic coffee machine import price amounted to $X per unit, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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