Australia: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Australia

The Australian geometrical quantities electronic measurer market totaled $X in 2022, with an increase of 3.7% 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). The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Australia

In 2022, shipments abroad of electronic instruments and machines for measuring geometrical quantities decreased by -27% to X units, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 2.7%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, geometrical quantities electronic measurer exports skyrocketed to $X in 2022. Over the period under review, exports showed a perceptible setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), New Zealand (X units) and Canada (X units) were the main destinations of geometrical quantities electronic measurer exports from Australia, with a combined 34% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +3.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), New Zealand ($X) and Canada ($X) were the largest markets for geometrical quantities electronic measurer exported from Australia worldwide, with a combined 36% share of total exports. Singapore, Thailand, China, the UK, the United Arab Emirates, Brazil, Indonesia, Germany, India and Vietnam lagged somewhat behind, together comprising a further 33%.

The United Arab Emirates, with a CAGR of +14.9%, recorded 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 geometrical quantities electronic measurer export price stood at $X per unit in 2022, rising by 70% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United Arab Emirates ($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 India (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Australia

In 2022, geometrical quantities electronic measurer imports into Australia fell significantly to X units, shrinking by -21.8% compared with 2021 figures. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 with an increase of 33%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, geometrical quantities electronic measurer imports amounted to $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 30%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X units) constituted the largest geometrical quantities electronic measurer supplier to Australia, accounting for a 35% share of total imports. Moreover, geometrical quantities electronic measurer imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. China (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.4% per year) and China (-7.9% per year).

In value terms, the United States ($X) constituted the largest supplier of electronic instruments and machines for measuring geometrical quantities to Australia, comprising 30% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Germany (+2.6% per year).

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, jumping by 43% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, geometrical quantities electronic measurer import price increased by +85.0% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Singapore ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+38.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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