Australia - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Australia - 2023
Contents:
- Price for Grinding, Sanding and Polishing Machine in Australia (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in Australia (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in Australia
- Exports of Grinding, Sanding and Polishing Machine in Australia
Price for Grinding, Sanding and Polishing Machine in Australia (CIF) - 2022
The average import price for grinding, sanding and polishing machines stood at $267 per unit in 2022, falling by -10.8% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $299 per unit in 2021, and then fell in the following year.
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 Italy ($1,753 per unit), while the price for Taiwan (Chinese) ($105 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grinding, Sanding and Polishing Machine in Australia (FOB) - 2022
The average export price for grinding, sanding and polishing machines stood at $166 per unit in 2022, rising by 12% against the previous year. Overall, the export price saw a mild increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $291 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
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 the United States ($236 per unit), while the average price for exports to New Zealand ($100 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 Japan (+21.5%), while the prices for the other major destinations experienced a decline.
Imports of Grinding, Sanding and Polishing Machine in Australia
In 2022, the amount of grinding, sanding and polishing machines imported into Australia surged to 33K units, jumping by 24% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, grinding, sanding and polishing machine imports rose significantly to $8.7M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Grinding, Sanding and Polishing Machine in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 2.1 | 3.4 | 3.1 | 19.9% |
| Taiwan (Chinese) | 0.7 | 0.9 | 0.9 | 1.5 | 28.9% |
| Italy | 1.5 | 1.3 | 1.4 | 1.0 | -12.6% |
| United States | 0.1 | 0.3 | 0.6 | 0.7 | 91.3% |
| Germany | 0.6 | 0.5 | 0.8 | 0.7 | 5.3% |
| United Kingdom | 0.9 | 0.8 | 0.4 | 0.5 | -17.8% |
| Others | 1.5 | 1.0 | 0.4 | 1.2 | -7.2% |
| Total | 7.1 | 6.8 | 7.9 | 8.7 | 7.0% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Australia in 2022:
- Taiwan (Chinese) (14.2K units)
- China (8.9K units)
- United States (4.1K units)
- United Kingdom (2.9K units)
- Germany (0.8K units)
- Italy (0.6K units)
Exports of Grinding, Sanding and Polishing Machine in Australia
In 2022, after two years of decline, there was significant growth in shipments abroad of grinding, sanding and polishing machines, when their volume increased by 52% to 1.7K units. Overall, exports, however, faced a sharp descent. The exports peaked at 5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, grinding, sanding and polishing machine exports skyrocketed to $275K in 2022. Over the period under review, exports, however, showed a precipitous curtailment. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Grinding, Sanding and Polishing Machine in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 124 | 71.3 | 60.0 | 140 | 4.1% |
| United States | 16.0 | 8.9 | 28.0 | 41.1 | 37.0% |
| Papua New Guinea | 12.7 | 2.7 | 24.9 | 9.9 | -8.0% |
| China | 1,192 | N/A | N/A | N/A | 0% |
| Italy | 11.9 | N/A | N/A | N/A | 0% |
| Others | 83.5 | 116 | 48.3 | 84.0 | 0.2% |
| Total | 1,441 | 199 | 161 | 275 | -42.4% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Australia in 2022:
- New Zealand (1396.0 units)
- United States (174.0 units)
- Papua New Guinea (64.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
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
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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
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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
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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
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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
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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
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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
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