Australia: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Australia

The Australian fruit-preparation industrial machinery market skyrocketed to $X in 2021, growing by 47% against the previous year. Over the period under review, consumption showed prominent growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Fruit-Preparation Industrial Machinery Production in Australia

In value terms, fruit-preparation industrial machinery production soared to $X in 2021 estimated in export price. Overall, production enjoyed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 161%. Fruit-preparation industrial machinery production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Fruit-Preparation Industrial Machinery Exports

Exports from Australia

Fruit-preparation industrial machinery exports from Australia soared to X units in 2021, with an increase of 73% against the previous year. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 376% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, fruit-preparation industrial machinery exports soared to $X in 2021. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 496%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X units), Vanuatu (X units) and Italy (X units) were the main destinations of fruit-preparation industrial machinery exports from Australia, together accounting for 22% of total exports. Greece, Solomon Islands, the Netherlands, Pakistan, French Polynesia, France, Saudi Arabia, Japan, Portugal and South Korea lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by French Polynesia (with a CAGR of +1,300.0%), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X) remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Australia, comprising 33% of total exports. The second position in the ranking was held by New Zealand ($X), with an 8.8% share of total exports. It was followed by Greece, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value to Pakistan totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+6.3% per year) and Greece (+46.6% per year).

Export Prices by Country

The average fruit-preparation industrial machinery export price stood at $X per unit in 2021, with a decrease of -31.5% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 80%. Over the period under review, the average export prices attained the maximum 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 export markets. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while the average price for exports to the Netherlands ($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 French Polynesia (+941.8%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit-Preparation Industrial Machinery Imports

Imports into Australia

In 2021, purchases abroad of industrial machinery for the preparation of fruits, nuts or vegetables was finally on the rise to reach X units after two years of decline. Overall, imports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2013 when imports increased by 52%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports soared to $X in 2021. Over the period under review, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest fruit-preparation industrial machinery supplier to Australia, accounting for a 54% share of total imports. Moreover, fruit-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, France (X units), sevenfold. Switzerland (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.2% per year) and Switzerland (+7.7% per year).

In value terms, the largest fruit-preparation industrial machinery suppliers to Australia were France ($X), the Netherlands ($X) and the United States ($X), with a combined 39% share of total imports. These countries were followed by Belgium, China, Italy, Denmark, the United Arab Emirates, New Zealand, Japan, the UK, South Africa and Switzerland, which together accounted for a further 18%.

Denmark, with a CAGR of +88.4%, recorded the highest rates of growth with regard to 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 fruit-preparation industrial machinery import price amounted to $X per unit, increasing by 50% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fruit-preparation industrial machinery import price increased by +77.5% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of 72%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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