Australia: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Australia

After six years of growth, the Australian electronic lamp machine market decreased by -28.7% to $X in 2021. Over the period under review, consumption, however, continues to indicate resilient growth. Over the period under review, the market reached the peak level at $X in 2020, and then dropped remarkably in the following year.

Electronic Lamp Machine Exports

Exports from Australia

In 2021, overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2015 with an increase of 362%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electronic lamp machine exports soared to $X in 2021. Overall, exports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2015 with an increase of 459%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for electronic lamp machine exports from Australia, accounting for a 90% share of total exports. Moreover, electronic lamp machine exports to China exceeded the volume sent to the second major destination, Tanzania (X units), more than tenfold. The Philippines (X units) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-24.3% per year) and the Philippines (-32.8% per year).

In value terms, China ($X), Malaysia ($X) and New Zealand ($X) appeared to be the largest markets for electronic lamp machine exported from Australia worldwide, with a combined 75% share of total exports.

China, with a CAGR of -19.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average electronic lamp machine export price amounted to $X per unit, with an increase of 34% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. 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 failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was New Zealand ($X per unit), while the average price for exports to Tanzania ($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 (+70.4%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Lamp Machine Imports

Imports into Australia

In 2021, supplies from abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -27.6% to X units for the first time since 2015, thus ending a five-year rising trend. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 8,000%. Over the period under review, imports hit record highs at X units in 2020, and then reduced markedly in the following year.

In value terms, electronic lamp machine imports reduced dramatically to $X in 2021. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2017 when imports increased by 1,264% against the previous year. Imports peaked at $X in 2020, and then declined remarkably in the following year.

Imports by Country

South Africa (X units), the UK (X units) and China (X units) were the main suppliers of electronic lamp machine imports to Australia, with a combined 99% 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 Africa (with a CAGR of +37.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), South Africa ($X) and China ($X) were the largest electronic lamp machine suppliers to Australia, together comprising 85% of total imports.

South Africa, with a CAGR of +59.5%, saw 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 mixed trend patterns.

Import Prices by Country

The average electronic lamp machine import price stood at $X per unit in 2021, waning by -20.6% against the previous year. In general, the import price showed a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 7,965% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average 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 China ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :