Australia: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Australia

In 2021, the Australian horizontal machining centre market decreased by -9% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, enjoyed strong growth. Over the period under review, the market hit record highs at $X in 2020, and then declined in the following year.

Horizontal Machining Centre Production in Australia

In value terms, horizontal machining centre production fell sharply to $X in 2021 estimated in export price. Overall, production, however, posted strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 194%. As a result, production attained the peak level of $X, and then fell sharply in the following year.

Horizontal Machining Centre Exports

Exports from Australia

In 2021, approx. X units of horizontal machining centres for working metal were exported from Australia; waning by -96% compared with the previous year. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,292%. As a result, the exports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, horizontal machining centre exports surged to $X in 2021. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2018 when exports increased by 735% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for horizontal machining centre exports from Australia, accounting for a 85% share of total exports. Moreover, horizontal machining centre exports to the United States exceeded the volume sent to the second major destination, New Zealand (X units), tenfold. China (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +18.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-8.6% per year) and China (-33.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for horizontal machining centres for working metal exports from Australia, comprising 85% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 13% share of total exports. It was followed by China, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+0.8% per year) and China (-39.7% per year).

Export Prices by Country

In 2021, the average horizontal machining centre export price amounted to $X per unit, surging by 2,841% against the previous year. Overall, the export price saw prominent growth. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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 New Zealand ($X per unit), while the average price for exports to India ($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 (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Horizontal Machining Centre Imports

Imports into Australia

Horizontal machining centre imports into Australia soared to X units in 2021, picking up by 36% on the previous year. Overall, imports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2016 with an increase of 74% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, horizontal machining centre imports skyrocketed to $X in 2021. Over the period under review, imports showed a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X units), Japan (X units) and South Korea (X units) were the main suppliers of horizontal machining centre imports to Australia, with a combined 56% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +14.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest horizontal machining centre suppliers to Australia were Japan ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined 69% share of total imports. These countries were followed by the United States, Germany, Italy and China, which together accounted for a further 28%.

Germany, with a CAGR of +14.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average horizontal machining centre import price amounted to $X per unit, growing by 7.3% against the previous year. In general, the import price, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2017 an increase of 40%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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