Australia: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Australia

For the third consecutive year, the Australian market for spray guns and similar appliances recorded growth in sales value, which increased by 1.2% to $X in 2022. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +42.9% against 2019 indices. Spray guns and similar appliances consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Spray Guns And Similar Appliances in Australia

In value terms, spray guns and similar appliances production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports from Australia

In 2022, after three years of growth, there was significant decline in overseas shipments of spray guns and similar appliances, when their volume decreased by -19.2% to X units. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 104%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports soared to $X in 2022. In general, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

New Zealand (X units) was the main destination for spray guns and similar appliances exports from Australia, accounting for a 68% share of total exports. Moreover, spray guns and similar appliances exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X units), eightfold. Finland (X units) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand stood at +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+11.7% per year) and Finland (+68.4% per year).

In value terms, New Zealand ($X) remains the key foreign market for spray guns and similar appliances exports from Australia, comprising 68% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with an 8.4% share of total exports. It was followed by Finland, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand amounted to +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+6.3% per year) and Finland (+55.2% per year).

Export Prices by Country

In 2022, the average export price for spray guns and similar appliances amounted to $X per unit, picking up by 43% against the previous year. Over the period under review, the export price showed moderate growth. The most prominent rate of growth was recorded in 2016 an increase of 83% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Papua New Guinea ($X per unit) and the United States ($X per unit), while the average price for exports to New Zealand ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Australia

After two years of growth, purchases abroad of spray guns and similar appliances decreased by -17.5% to X units in 2022. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances imports declined modestly to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +46.8% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then contracted modestly in the following year.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of spray guns and similar appliances imports to Australia, with a combined 75% share of total imports. Taiwan (Chinese), Italy, Brazil and the UK lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +73.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest spray guns and similar appliances suppliers to Australia, with a combined 75% share of total imports. Taiwan (Chinese), Italy, Brazil and the UK lagged somewhat behind, together comprising a further 15%.

Brazil, with a CAGR of +69.5%, 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

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, jumping by 18% against the previous year. In general, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the price for Italy ($X per unit) and the UK ($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 (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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