Australia: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Australia

The Australian metal deburring machine market expanded rapidly to $X in 2021, surging by 11% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Metal deburring machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Production in Australia

In value terms, metal deburring machine production surged to $X in 2021 estimated in export price. In general, production continues to indicate significant growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 589%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Metal Deburring Machine Exports

Exports from Australia

In 2021, the amount of machines for deburring or polishing metal exported from Australia declined remarkably to X units, with a decrease of -62.8% compared with the year before. Overall, exports, however, posted a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,572% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, metal deburring machine exports reached $X in 2021. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 186%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for metal deburring machine exports from Australia, with a 44% share of total exports. Moreover, metal deburring machine exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), twofold. The UK (X units) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+45.9% per year) and the UK (+74.8% per year).

In value terms, the largest markets for metal deburring machine exported from Australia were Egypt ($X), New Zealand ($X) and the United States ($X), with a combined 88% share of total exports.

Among the main countries of destination, Egypt, with a CAGR of +225.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, rising by 200% against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 1,883%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Egypt ($X per unit), while the average price for exports to Senegal ($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 Egypt (+87.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Australia

In 2021, after two years of growth, there was significant decline in purchases abroad of machines for deburring or polishing metal, when their volume decreased by -16.4% to X units. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 32%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, metal deburring machine imports dropped markedly to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 when imports increased by 83%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest metal deburring machine supplier to Australia, with a 50% share of total imports. Moreover, metal deburring machine imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.5% per year) and Taiwan (Chinese) (-5.4% per year).

In value terms, China ($X) constituted the largest supplier of machines for deburring or polishing metal to Australia, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with an 8.1% share of total imports. It was followed by Germany, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.2% per year) and Germany (-31.4% per year).

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, with a decrease of -9% against the previous year. Overall, the import price showed a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs 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, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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