Australia: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Australia

In 2022, the Australian footwear making machinery market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Footwear Making Machinery Production in Australia

In value terms, footwear making machinery production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Footwear Making Machinery Exports

Exports from Australia

In 2022, overseas shipments of machinery for making or repairing footwear were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports saw a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, footwear making machinery exports fell to $X in 2022. Overall, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for footwear making machinery exports from Australia, accounting for a X% share of total exports. Moreover, footwear making machinery exports to France exceeded the volume sent to the second major destination, Malaysia (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for machinery for making or repairing footwear exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average footwear making machinery export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to France totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (X%), while the prices for the other major destinations experienced mixed trend patterns.

Footwear Making Machinery Imports

Imports into Australia

After two years of decline, purchases abroad of machinery for making or repairing footwear increased by X% to X units in 2022. In general, imports, however, showed a noticeable contraction. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, footwear making machinery imports skyrocketed to $X in 2022. Overall, imports enjoyed noticeable growth. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest footwear making machinery supplier to Australia, accounting for a X% share of total imports. Moreover, footwear making machinery imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by Nigeria (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Nigeria (X% per year).

In value terms, Italy ($X), Taiwan (Chinese) ($X) and China ($X) appeared to be the largest footwear making machinery suppliers to Australia, with a combined X% share of total imports.

Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average footwear making machinery import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 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 Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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