Australia: Medical Steriliser Market 2024

Medical Steriliser Market Size in Australia

In 2022, the Australian medical steriliser market decreased by -56.2% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption recorded a noticeable reduction. Over the period under review, the market attained the maximum level at $X in 2021, and then declined remarkably in the following year.

Medical Steriliser Production in Australia

In value terms, medical steriliser production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 138% against the previous year. Medical steriliser production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Medical Steriliser Exports

Exports from Australia

In 2022, overseas shipments of medical, surgical or laboratory sterilisers increased by 128% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 452%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, medical steriliser exports skyrocketed to $X in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 675%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for medical steriliser exports from Australia, accounting for a 71% share of total exports. Moreover, medical steriliser exports to the United States exceeded the volume sent to the second major destination, New Zealand (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +96.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+9.8% per year) and New Caledonia (+59.1% per year).

In value terms, the United States ($X) remains the key foreign market for medical, surgical or laboratory sterilisers exports from Australia, comprising 71% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +92.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+15.6% per year) and New Caledonia (+64.4% per year).

Export Prices by Country

The average medical steriliser export price stood at $X per unit in 2022, surging by 5.3% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 40%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to New Caledonia ($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 New Zealand (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Steriliser Imports

Imports into Australia

In 2022, the amount of medical, surgical or laboratory sterilisers imported into Australia expanded notably to X units, with an increase of 8% compared with the year before. Overall, imports, however, showed a mild slump. The pace of growth was the most pronounced in 2020 when imports increased by 33%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, medical steriliser imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 14%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and the United States (X units) were the main suppliers of medical steriliser imports to Australia, with a combined 66% share of total imports. These countries were followed by China, Sweden, Poland, Switzerland, Mexico, Canada and the UK, which together accounted for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +80.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical steriliser suppliers to Australia were Germany ($X), Italy ($X) and the United States ($X), together comprising 66% of total imports. China, Sweden, Poland, Switzerland, Mexico, Canada and the UK lagged somewhat behind, together accounting for a further 23%.

Poland, with a CAGR of +86.1%, recorded the highest rates of growth with regard to the value of imports, among 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 medical steriliser import price amounted to $X per unit, reducing by -6.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 30% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the price for Italy ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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