Australia - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Balancing Mechanical Parts Machine in Australia - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in Australia (CIF) - 2022
- Price for Balancing Mechanical Parts Machine in Australia (FOB) - 2022
- Imports of Balancing Mechanical Parts Machine in Australia
- Exports of Balancing Mechanical Parts Machine in Australia
Price for Balancing Mechanical Parts Machine in Australia (CIF) - 2022
In 2022, the average balancing mechanical parts machine import price amounted to $4,187 per unit, with an increase of 13% against the previous year. In general, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of 84% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,210 per unit), while the price for Spain ($2,518 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balancing Mechanical Parts Machine in Australia (FOB) - 2022
The average balancing mechanical parts machine export price stood at $7,925 per unit in 2022, dropping by -36.6% against the previous year. Overall, the export price, however, continues to indicate a slight expansion. The growth pace was the most rapid in 2018 when the average export price increased by 133%. The export price peaked at $15,917 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,602 per unit), while the average price for exports to China ($4,558 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 Philippines (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balancing Mechanical Parts Machine in Australia
In 2022, approx. 2.3K units of machines for balancing mechanical parts were imported into Australia; growing by 23% against the year before. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, balancing mechanical parts machine imports skyrocketed to $9.6M in 2022. Over the period under review, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Balancing Mechanical Parts Machine in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 2.2 | 2.7 | 5.2 | 22.9% |
| Italy | 1.5 | 1.3 | 2.1 | 1.9 | 8.2% |
| China | 1.1 | 0.9 | 1.3 | 1.4 | 8.4% |
| Spain | N/A | N/A | N/A | 0.4 | 0% |
| Germany | 0.5 | 0.1 | 0.4 | 0.3 | -15.7% |
| Sweden | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 6.2 | 4.7 | 6.9 | 9.6 | 15.7% |
Top Suppliers of Balancing Mechanical Parts Machine to Australia in 2022:
- United States (1342.0 units)
- Italy (374.0 units)
- China (222.0 units)
- Spain (145.0 units)
- Germany (77.0 units)
- Sweden (43.0 units)
Exports of Balancing Mechanical Parts Machine in Australia
Balancing mechanical parts machine exports from Australia soared to 90 units in 2022, with an increase of 45% on 2021 figures. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, balancing mechanical parts machine exports reduced to $712K in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 85%. The exports peaked at $780K in 2021, and then fell in the following year.
| Export of Balancing Mechanical Parts Machine in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 4.0 | 4.7 | 280 | 736.7% |
| New Zealand | 154 | 168 | 140 | 150 | -0.9% |
| United Kingdom | 4.9 | 33.7 | 11.6 | 73.1 | 146.2% |
| Philippines | 10.4 | N/A | N/A | 22.8 | 29.9% |
| Lao People's Democratic Republic | N/A | N/A | 128 | N/A | 0% |
| Netherlands | N/A | N/A | 57.1 | N/A | 0% |
| Others | 166 | 416 | 439 | 185 | 3.7% |
| Total | 336 | 622 | 780 | 712 | 28.4% |
Top Export Markets for Balancing Mechanical Parts Machine from Australia in 2022:
- China (61.0 units)
- New Zealand (17.0 units)
- United Kingdom (5.0 units)
- Philippines (3.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
316
This report provides an in-depth analysis of the market for balancing mechanical parts machine in Australia.
315
This report provides an in-depth analysis of the market for geometrical quantities electronic measurer in Australia.
222
This report provides an in-depth analysis of the micrometers and callipers market in Australia.
347
This report provides an in-depth analysis of the test bench market in Australia.
449
This report provides an in-depth analysis of the zinc powder market in Australia.
82
This report provides an in-depth analysis of the market for saturated chlorinated acyclic hydrocarbon derivatives other than chloro- and dichloromethane, chloro- and dichloroethane, chloroform, carbon tetrachloride, dichloropropane and dichlorobutanes in Australia.
248
This report provides an in-depth analysis of the market for polystyrene in primary forms in Australia.
450
This report provides an in-depth analysis of the polystyrene market in Australia.
271
This report provides an in-depth analysis of the inflatable vessel market in Australia.
275
This report provides an in-depth analysis of the expansible polystyrene market in Australia.
1377
In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
1221
In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
285
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.
224
Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
868
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
3623
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
