Report Update: Apr 1, 2024

Australia - Machine Tools For Working Metal Without Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Machine Tool for Metal in Australia - 2023

Price for Machine Tool for Metal in Australia (CIF) - 2022

The average machine tool for metal import price stood at $914 per unit in 2022, declining by -43.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 200% against the previous year. Over the period under review, average import prices hit record highs at $1,850 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($8,138 per unit), while the price for the UK ($251 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-2.3%), while the prices for the other major suppliers experienced a decline.

Price for Machine Tool for Metal in Australia (FOB) - 2022

In 2022, the average machine tool for metal export price amounted to $347 per unit, reducing by -11.7% against the previous year. Overall, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2017 when the average export price increased by 325% against the previous year. As a result, the export price reached the peak level of $650 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($494 per unit), while the average price for exports to the Netherlands ($82 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 New Zealand (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine Tool for Metal in Australia

In 2022, overseas purchases of machine tools for working metal without removing metal decreased by -0.6% to 8.2K units, falling for the second year in a row after two years of growth. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 60%. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, machine tool for metal imports declined dramatically to $7.5M in 2022. Overall, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 134%. As a result, imports reached the peak of $13M, and then reduced markedly in the following year.

Import of Machine Tool for Metal in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1.3	0.2	3.7	2.0	15.4%
China	1.8	1.3	2.4	1.4	-8.0%
United States	1.2	1.1	2.4	1.3	2.7%
Sweden	N/A	0.2	2.3	1.3	155.0%
United Kingdom	N/A	1.2	N/A	0.2	-59.2%
Others	3.8	1.8	2.4	1.3	-30.1%
Total	8.1	5.7	13.3	7.5	-2.5%

Top Suppliers of Machine Tool for Metal to Australia in 2022:

China (5.0K units)
United States (1.1K units)
United Kingdom (0.9K units)
Italy (0.8K units)
Sweden (0.2K units)

Exports of Machine Tool for Metal in Australia

For the fourth consecutive year, Australia recorded growth in overseas shipments of machine tools for working metal without removing metal, which increased by 51% to 16K units in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 202% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, machine tool for metal exports surged to $5.7M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 212%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Machine Tool for Metal in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	327	258	3,653	5,002	148.2%
New Zealand	359	406	298	417	5.1%
Netherlands	6.5	51.3	88.7	121	165.0%
Others	241	648	218	145	-15.6%
Total	933	1,364	4,258	5,685	82.6%

Top Export Markets for Machine Tool for Metal from Australia in 2022:

United States (10.1K units)
New Zealand (4.4K units)
Netherlands (1.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tool for metal 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 28413470 - Riveting machines, swaging machines and spinning lathes for working metal, machines for manufacturing flexible tubes of spiral metal strip and electro-magnetic pulse metal forming machines, and other machine tools for working metal without removing metal

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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