Australia: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in Australia

In 2021, the Australian panel display manufacturing machine market increased by 6.9% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a slight reduction. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Machines For The Manufacture Of Flat Panel Displays in Australia

In value terms, panel display manufacturing machine production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 12%. Panel display manufacturing machine production peaked at $X in 2020, and then dropped slightly in the following year.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from Australia

Panel display manufacturing machine exports from Australia shrank to X units in 2021, declining by -12.5% on 2020. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 1,350% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, panel display manufacturing machine exports dropped remarkably to $X in 2021. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 712%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Norway (X units) and the United States (X units) were the main destinations of panel display manufacturing machine exports from Australia, with a combined 57% share of total exports. Moreover, panel display manufacturing machine exports in Germany exceeded the figures recorded by the second-largest exporter, Norway, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the key foreign market for panel display manufacturing machine exports from Australia, comprising 51% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by Malaysia, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to Thailand totaled +44.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+23.9% per year) and Malaysia (+16.4% per year).

Export Prices by Country

The average panel display manufacturing machine export price stood at $X per unit in 2021, which is down by -14.7% against the previous year. In general, export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, panel display manufacturing machine export price increased by +64.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 93% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Thailand ($X per unit), while the average price for exports to Norway ($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 Thailand (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into Australia

In 2021, the amount of machines for the manufacture of flat panel displays imported into Australia shrank to X units, with a decrease of -13.3% against 2020. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of 120%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, panel display manufacturing machine imports soared to $X in 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, New Zealand (X units) constituted the largest panel display manufacturing machine supplier to Australia, accounting for a 62% share of total imports. Moreover, panel display manufacturing machine imports from New Zealand exceeded the figures recorded by the second-largest supplier, Austria (X units), eightfold. The Netherlands (X units) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from New Zealand totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and the Netherlands (-7.4% per year).

In value terms, New Zealand ($X) constituted the largest supplier of panel display manufacturing machine to Australia, comprising 50% of total imports. The second position in the ranking was held by South Korea ($X), with a 14% share of total imports. It was followed by Austria, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from New Zealand stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+7.9% per year) and Austria (+3.0% per year).

Import Prices by Country

The average panel display manufacturing machine import price stood at $X per unit in 2021, with an increase of 44% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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