Australia - Machinery For The Extraction Or Preparation Of Animal Or Fixed Vegetable Fats Or Oils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Machinery For The Extraction Or Preparation Of Animal Or Fixed Vegetable Fats Or Oils - Market Analysis, Forecast, Size, Trends And Insights

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Fats Preparation Machinery Price in Australia - 2023

Contents:

  1. Fats Preparation Machinery Price in Australia (CIF) - 2022
  2. Fats Preparation Machinery Price in Australia (FOB) - 2022
  3. Fats Preparation Machinery Imports in Australia
  4. Fats Preparation Machinery Exports in Australia

Fats Preparation Machinery Price in Australia (CIF) - 2022

The average fats preparation machinery import price stood at $27,827 per unit in 2022, picking up by 124% against the previous year. Overall, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 175% against the previous year. The import price peaked at $56,234 per unit in 2013; however, from 2014 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 Germany ($112,277 per unit), while the price for China ($3,586 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Fats Preparation Machinery Price in Australia (FOB) - 2022

The average fats preparation machinery export price stood at $912 per unit in 2022, with a decrease of -16% against the previous year. In general, the export price saw a deep slump. The pace of growth was the most pronounced in 2018 an increase of 404%. The export price peaked at $12,834 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($6,998 per unit), while the average price for exports to New Zealand ($514 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 United States (+4.3%), while the prices for the other major destinations experienced a decline.

Fats Preparation Machinery Imports in Australia

In 2022, supplies from abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils decreased by -35.9% to 239 units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 316%. As a result, imports attained the peak of 587 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fats preparation machinery imports skyrocketed to $6.7M in 2022. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Fats Preparation Machinery in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,4105607253,0478.1%
United States1811841,3281,25190.5%
Germany4982633541,01026.6%
China1101,29859748163.5%
Spain12.4N/AN/A62.971.8%
New Zealand27444.013.12.8-78.3%
Canada6219.717.2N/A-83.4%
Others1212911,59079687.4%
Total4,2272,6494,6246,65116.3%

Top Suppliers of Fats Preparation Machinery to Australia in 2022:

  1. China (134.0 units)
  2. Italy (60.0 units)
  3. United States (17.0 units)
  4. Germany (9.0 units)
  5. Spain (7.0 units)
  6. New Zealand (1.0 units)

Fats Preparation Machinery Exports in Australia

After three years of growth, shipments abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils decreased by -66.7% to 148 units in 2022. Over the period under review, exports recorded a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of 122% against the previous year. Over the period under review, the exports hit record highs at 444 units in 2021, and then plummeted in the following year.

In value terms, fats preparation machinery exports contracted markedly to $135K in 2022. In general, exports showed a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 191%. Over the period under review, the exports attained the maximum at $920K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Fats Preparation Machinery in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand20.734.95.371.050.8%
Saudi Arabia79.8N/AN/A28.0-29.5%
United States128N/A44712.6-53.8%
United KingdomN/AN/A1.7N/A0%
PolandN/A1.9N/AN/A0%
Solomon Islands45.9N/AN/AN/A0%
SingaporeN/A20.1N/AN/A0%
MyanmarN/A14.7N/AN/A0%
SamoaN/A23.3N/AN/A0%
BrazilN/A35.9N/AN/A0%
Others64634.927.623.3-67.0%
Total920166482135-47.3%

Top Export Markets for Fats Preparation Machinery from Australia in 2022:

  1. New Zealand (138.0 units)
  2. Saudi Arabia (4.0 units)
  3. United States (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fats preparation machinery market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28931780 - Machinery for the extraction or preparation of animal or fixed vegetable fats or oils

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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