Australia: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Australia

In 2021, the Australian motor vehicle engine market decreased by -7.7% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a strong expansion. Motor vehicle engine consumption peaked at $X in 2020, and then fell in the following year.

Motor Vehicle Engine Production in Australia

In value terms, motor vehicle engine production fell to $X in 2021 estimated in export price. Over the period under review, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 33% against the previous year. Motor vehicle engine production peaked at $X in 2020, and then shrank in the following year.

Motor Vehicle Engine Exports

Exports from Australia

For the sixth consecutive year, Australia recorded decline in shipments abroad of motor vehicle engines (spark-ignition), which decreased by -62.4% to X tons in 2021. In general, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2015 when exports increased by 37%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, motor vehicle engine exports dropped sharply to $X in 2021. Over the period under review, exports saw a significant decrease. The pace of growth was the most pronounced in 2013 with an increase of 13%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X tons), New Zealand (X tons) and Germany (X tons) were the main destinations of motor vehicle engine exports from Australia, together comprising 53% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +52.1%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), New Zealand ($X) and Germany ($X) were the largest markets for motor vehicle engine exported from Australia worldwide, together comprising 57% of total exports.

Canada, with a CAGR of +49.2%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average motor vehicle engine export price stood at $X per ton in 2021, jumping by 45% against the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 129% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was New Zealand ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Australia

In 2021, supplies from abroad of motor vehicle engines (spark-ignition) was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, saw a abrupt decline. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, motor vehicle engine imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a precipitous shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Italy (X tons) and the UK (X tons) were the main suppliers of motor vehicle engine imports to Australia, together comprising 52% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +29.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Germany ($X) appeared to be the largest motor vehicle engine suppliers to Australia, together comprising 51% of total imports.

The UK, with a CAGR of +15.2%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2021, the average motor vehicle engine import price amounted to $X per ton, reducing by -4.2% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure at $X per ton 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 Austria ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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