Australia: Metal Treating Machine Market 2024

Metal Treating Machine Market Size in Australia

The Australian metal treating machine market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption recorded a mild increase. Metal treating machine consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Metal Treating Machine Production in Australia

In value terms, metal treating machine production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Metal treating machine production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Metal Treating Machine Exports

Exports from Australia

In 2022, the amount of machines for treating metal, having individual functions exported from Australia stood at X units, growing by X% compared with the previous year's figure. Overall, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal treating machine exports shrank to $X in 2022. In general, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X units), the United States (X units) and the UK (X units) were the main destinations of metal treating machine exports from Australia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and Vietnam ($X) were the largest markets for metal treating machine exported from Australia worldwide, together comprising X% of total exports.

Canada, with a CAGR of X%, recorded 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

In 2022, the average metal treating machine export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Treating Machine Imports

Imports into Australia

In 2022, after two years of decline, there was significant growth in purchases abroad of machines for treating metal, having individual functions, when their volume increased by X% to X units. In general, imports, however, recorded a dramatic shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal treating machine imports skyrocketed to $X in 2022. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of metal treating machine imports to Australia, together comprising X% of total imports. The Czech Republic, the United States, Israel and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of machines for treating metal, having individual functions to Australia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the average metal treating machine import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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