Australia: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Australia

The Australian market for electric generating sets and rotary converters rose notably to $X in 2020, 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). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from Australia

In 2020, exports of electric generating sets and rotary converters from Australia reduced rapidly to X units, shrinking by -X% against 2019 figures. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X units in 2019, and then fell sharply in the following year.

In value terms, exports of electric generating sets and rotary converters reduced sharply to $X in 2020. Over the period under review, exports, however, showed perceptible growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

New Zealand (X units) was the main destination for exports of electric generating sets and rotary converters from Australia, accounting for a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X units), fourfold. The U.S. (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to New Zealand stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+X% per year) and the U.S. (+X% per year).

In value terms, Papua New Guinea ($X), New Zealand ($X) and France ($X) appeared to be the largest markets for electric generating set and rotary converter exported from Australia worldwide, together accounting for X% of total exports. These countries were followed by the U.S., Chile, Spain, Ireland, Iraq, China and India, which together accounted for a further X (+X% per year) recorded 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 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was France ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ireland, while the prices for the other major destinations experienced a decline.

Imports of Electric Generating Sets And Rotary Converters

Imports into Australia

In 2020, the amount of electric generating sets and rotary converters imported into Australia rose sharply to X units, increasing by X% on the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of electric generating sets and rotary converters amounted to $X in 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of electric generating set and rotary converter to Australia, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), tenfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Japan (-X% per year).

In value terms, China ($X) constituted the largest supplier of electric generating set and rotary converter to Australia, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Japan (-X% per year).

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, with a decrease of -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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