Australia: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Australia

The Australian market for non-domestic percolators and equipment for cooking or heating food declined dramatically to $X in 2022, which is down by -21.8% against the previous year. In general, consumption showed a mild decline. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Australia

In value terms, production of non-domestic percolators and equipment for cooking or heating food rose remarkably to $X in 2022 estimated in export price. In general, production posted a pronounced expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 186%. Production of peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Australia

In 2022, approx. X units of non-domestic percolators and equipment for cooking or heating food were exported from Australia; with an increase of 41% compared with the year before. In general, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 170%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. Over the period under review, exports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of 55%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Australia, accounting for a 83% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to New Zealand exceeded the volume sent to the second major destination, the UK (X units), more than tenfold. The third position in this ranking was taken by Hong Kong SAR (X units), with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+23.8% per year) and Hong Kong SAR (+30.9% per year).

In value terms, New Zealand ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Australia, comprising 36% of total exports. The second position in the ranking was held by Vanuatu ($X), with a 7.3% share of total exports. It was followed by the UK, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (+75.5% per year) and the UK (+18.5% per year).

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, declining by -3.2% against the previous year. Over the period under review, the export price faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vanuatu ($X per unit), while the average price for exports to New Zealand ($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 the UK (-4.3%), while the prices for the other major destinations experienced a decline.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Australia

In 2022, supplies from abroad of non-domestic percolators and equipment for cooking or heating food increased by 18% to X units, rising for the sixth consecutive year after three years of decline. In general, imports recorded a perceptible expansion. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food expanded rapidly to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X units), China (X units) and the United States (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Australia, with a combined 64% share of total imports. Germany, the UK, New Zealand, Spain, the Netherlands and Switzerland lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +25.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Australia were Italy ($X), the United States ($X) and Germany ($X), together comprising 62% of total imports. China, New Zealand, the UK, Spain, the Netherlands and Switzerland lagged somewhat behind, together comprising a further 29%.

Among the main suppliers, the UK, with a CAGR of +25.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, shrinking by -6.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform