Australia: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Australia

In 2021, the Australian dry-cleaning machine market increased by less than 0.1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed a slight shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Dry-Cleaning Machine Production in Australia

In value terms, dry-cleaning machine production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 2.6% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped slightly in the following year.

Dry-Cleaning Machine Exports

Exports from Australia

In 2021, shipments abroad of dry-cleaning machines decreased by -2.3% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 1,050%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry-cleaning machine exports contracted sharply to $X in 2021. In general, exports, however, posted a moderate increase. The growth pace was the most rapid in 2016 when exports increased by 2,068%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Thailand (X units) and Vietnam (X units) were the main destinations of dry-cleaning machine exports from Australia, with a combined 86% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +63.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dry-cleaning machine exported from Australia were New Zealand ($X), Vietnam ($X) and Thailand ($X), with a combined 82% share of total exports.

Vietnam, with a CAGR of +31.4%, 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

In 2021, the average dry-cleaning machine export price amounted to $X per unit, dropping by -25.6% against the previous year. Over the period under review, the export price showed a dramatic slump. The most prominent rate of growth was recorded in 2020 an increase of 362%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Nauru ($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 New Zealand (-17.6%), while the prices for the other major destinations experienced a decline.

Dry-Cleaning Machine Imports

Imports into Australia

In 2021, purchases abroad of dry-cleaning machines was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 69% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, dry-cleaning machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 37% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), Italy (X units) and Japan (X units) were the main suppliers of dry-cleaning machine imports to Australia, together accounting for 87% of total imports. Singapore and China lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, Italy ($X) constituted the largest supplier of dry-cleaning machines to Australia, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with a 31% share of total imports. It was followed by Japan, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.4% per year) and Japan (-63.1% per year).

Import Prices by Country

The average dry-cleaning machine import price stood at $X per unit in 2021, declining by -16.4% against the previous year. In general, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2015 an increase of 122% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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