Australia: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Australia

The Australian metal sawing machine market was finally on the rise to reach $X in 2021, after three years of decline. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Metal sawing machine consumption peaked in 2021 and is likely to see steady growth in years to come.

Metal Sawing Machine Exports

Exports from Australia

In 2021, approx. X units of sawing or cutting-off machines for working metal were exported from Australia; with an increase of 116% against the previous year's figure. In general, exports showed prominent growth. The growth pace was the most rapid in 2018 with an increase of 266%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal sawing machine exports declined dramatically to $X in 2021. Over the period under review, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2015 with an increase of 104% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for metal sawing machine exports from Australia, accounting for a 71% share of total exports. Moreover, metal sawing machine exports to China exceeded the volume sent to the second major destination, New Zealand (X units), fivefold. The third position in this ranking was taken by Cote d'Ivoire (X units), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +59.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-1.5% per year) and Cote d'Ivoire (+30.8% per year).

In value terms, the largest markets for metal sawing machine exported from Australia were China ($X), New Zealand ($X) and Cote d'Ivoire ($X), together accounting for 51% of total exports.

Among the main countries of destination, China, with a CAGR of +24.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average metal sawing machine export price amounted to $X per unit, dropping by -66.4% against the previous year. In general, the export price faced a deep slump. The pace of growth was the most pronounced in 2017 an increase of 161%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.3%), while the prices for the other major destinations experienced a decline.

Metal Sawing Machine Imports

Imports into Australia

In 2021, overseas purchases of sawing or cutting-off machines for working metal increased by 17% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 19%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, metal sawing machine imports soared to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X units), Poland (X units) and China (X units) were the main suppliers of metal sawing machine imports to Australia, together comprising 84% of total imports. Turkey, Italy, the Netherlands and Japan lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +13.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Italy ($X) constituted the largest metal sawing machine suppliers to Australia, with a combined 63% share of total imports. These countries were followed by Turkey, Poland, the Netherlands and Japan, which together accounted for a further 14%.

In terms of the main suppliers, Turkey, with a CAGR of +20.0%, 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 metal sawing machine import price stood at $X per unit in 2021, growing by 20% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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