Australia: Industrial Robot Market 2024

Industrial Robot Market Size in Australia

The Australian industrial robot market soared to $X in 2021, increasing by 58% 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). In general, consumption continues to indicate a strong expansion. Industrial robot consumption peaked in 2021 and is expected to retain growth in years to come.

Industrial Robot Exports

Exports from Australia

After three years of decline, shipments abroad of industrial robots for multiple uses increased by 13% to X units in 2021. Overall, exports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2014 with an increase of 144% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, industrial robot exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 172%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for industrial robot exports from Australia, with a 34% share of total exports. Moreover, industrial robot exports to the UK exceeded the volume sent to the second major destination, New Zealand (X units), threefold. The third position in this ranking was held by Germany (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +48.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+4.6% per year) and Germany (+57.6% per year).

In value terms, the United States ($X), Germany ($X) and New Zealand ($X) constituted the largest markets for industrial robot exported from Australia worldwide, together accounting for 65% of total exports.

Germany, with a CAGR of +157.7%, saw the highest growth rate of the value of exports, among 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 industrial robot export price stood at $X per unit in 2021, picking up by 41% against the previous year. In general, the export price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 48%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($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 Sweden (+416.8%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Robot Imports

Imports into Australia

In 2021, the amount of industrial robots for multiple uses imported into Australia skyrocketed to X units, jumping by 44% compared with the previous year. In general, imports recorded a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial robot imports surged to $X in 2021. Over the period under review, imports posted a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of industrial robot to Australia, accounting for a 48% share of total imports. Moreover, industrial robot imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Germany (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-11.9% per year) and Germany (+7.4% per year).

In value terms, the largest industrial robot suppliers to Australia were China ($X), Japan ($X) and Germany ($X), together accounting for 49% of total imports. These countries were followed by Canada, the United States, Italy, Portugal, Austria, Sweden, Malaysia and the UK, which together accounted for a further 35%.

In terms of the main suppliers, Portugal, with a CAGR of +100.4%, saw the highest growth rate of the value of imports, 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 industrial robot import price amounted to $X per unit, with an increase of 4.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Italy ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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