Australia: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Australia

After four years of growth, the Australian respiration apparatus market decreased by -50.4% to $X in 2021. Overall, consumption, however, posted a strong increase. Respiration apparatus consumption peaked at $X in 2020, and then dropped dramatically in the following year.

Respiration Apparatus Production in Australia

In value terms, respiration apparatus production reached $X in 2021 estimated in export price. Overall, production saw resilient growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 31% against the previous year. Respiration apparatus production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Respiration Apparatus Exports

Exports from Australia

In 2021, after two years of decline, there was significant growth in overseas shipments of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume increased by 91% to X tons. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, respiration apparatus exports soared to $X in 2021. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), the Netherlands (X tons) and Japan (X tons) were the main destinations of respiration apparatus exports from Australia, with a combined 81% share of total exports. These countries were followed by China, South Korea, India and Singapore, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +34.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Japan ($X) appeared to be the largest markets for respiration apparatus exported from Australia worldwide, with a combined 81% share of total exports. These countries were followed by China, South Korea, India and Singapore, which together accounted for a further 12%.

South Korea, with a CAGR of +24.1%, recorded the highest growth rate of 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 respiration apparatus export price stood at $X per ton in 2021, waning by -28.6% against the previous year. Over the period under review, the export price saw a slight decrease. The pace of growth was the most pronounced in 2019 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell notably in the following year.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to Singapore ($X per ton) and India ($X per ton), while the average price for exports to China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Respiration Apparatus Imports

Imports into Australia

In 2021, respiration apparatus imports into Australia declined sharply to X tons, which is down by -28.7% on 2020. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +10.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 55%. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, respiration apparatus imports dropped significantly to $X in 2021. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of 80% against the previous year. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Malaysia (X tons), China (X tons) and the United States (X tons) were the main suppliers of respiration apparatus imports to Australia, together comprising 62% of total imports. Singapore, New Zealand, Germany, Switzerland, Taiwan (Chinese), Mexico, the UK and Italy lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +34.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and the United States ($X) were the largest respiration apparatus suppliers to Australia, with a combined 63% share of total imports.

Malaysia, with a CAGR of +31.5%, 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

The average respiration apparatus import price stood at $X per ton in 2021, picking up by 16% against the previous year. Over the period under review, the import price recorded buoyant growth. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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