Speed Changer Price in Australia - 2023
Contents:
- Speed Changer Price in Australia (CIF) - 2023
- Speed Changer Price in Australia (FOB) - 2023
- Speed Changer Imports in Australia
- Speed Changer Exports in Australia
Speed Changer Price in Australia (CIF) - 2023
The average speed changer import price stood at $25,282 per ton in June 2023, increasing by 9.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 31% month-to-month. As a result, import price reached the peak level of $25,743 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($38,241 per ton), while the price for Romania ($16,306 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Australia (FOB) - 2023
The average speed changer export price stood at $26,083 per ton in June 2023, increasing by 3% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In June 2023, the highest price was recorded for prices to Belgium ($28,247 per ton) and Thailand ($27,684 per ton), while the average price for exports to France ($22,864 per ton) and Brazil ($22,946 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Australia
In 2022, approx. 30K tons of speed changers, industrial high-speed drives and gear were imported into Australia; with an increase of 12% compared with 2021. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, speed changer imports totaled $573M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Speed Changer in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 124 | 131 | 128 | 154 | 7.5% |
| Germany | 109 | 107 | 110 | 116 | 2.1% |
| China | 77.8 | 98.3 | 107 | 82.0 | 1.8% |
| Italy | 30.3 | 32.6 | 33.2 | 40.8 | 10.4% |
| Japan | 43.3 | 28.2 | 31.6 | 28.3 | -13.2% |
| France | 19.2 | 13.1 | 11.9 | 18.3 | -1.6% |
| India | 8.7 | 8.0 | 10.0 | 12.3 | 12.2% |
| United Kingdom | 9.3 | 8.6 | 12.5 | 11.0 | 5.8% |
| Belgium | 5.6 | 7.2 | 9.6 | 10.8 | 24.5% |
| Canada | 10.0 | 8.3 | 6.0 | 10.4 | 1.3% |
| South Korea | 4.7 | 4.2 | 5.0 | 8.9 | 23.7% |
| Sweden | 14.0 | 10.6 | 3.9 | 6.1 | -24.2% |
| Others | 51.8 | 57.3 | 68.3 | 73.3 | 12.3% |
| Total | 508 | 514 | 537 | 573 | 4.1% |
Top Suppliers of Speed Changer to Australia in 2022:
- United States (8.3K tons)
- Germany (5.8K tons)
- China (4.2K tons)
- Italy (2.0K tons)
- Japan (1.5K tons)
- France (0.9K tons)
- India (0.7K tons)
- United Kingdom (0.6K tons)
- Canada (0.5K tons)
- Belgium (0.5K tons)
- South Korea (0.5K tons)
- Sweden (0.3K tons)
Speed Changer Exports in Australia
In 2022, the amount of speed changers, industrial high-speed drives and gear exported from Australia dropped to 3.9K tons, falling by -13.8% on 2021 figures. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year.
In value terms, speed changer exports declined to $97M in 2022. In general, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.
| Export of Speed Changer in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.8 | 16.3 | 18.3 | 18.5 | 1.3% |
| New Zealand | 6.7 | 7.4 | 9.5 | 12.7 | 23.8% |
| Papua New Guinea | 14.6 | 11.0 | 10.8 | 10.6 | -10.1% |
| Japan | 27.1 | 10.6 | 18.3 | 7.9 | -33.7% |
| Belgium | 2.6 | 1.9 | 3.0 | 5.3 | 26.8% |
| Indonesia | 4.0 | 2.5 | 4.9 | 5.1 | 8.4% |
| China | 2.0 | 1.7 | 1.5 | 4.2 | 28.1% |
| Singapore | 4.3 | 3.3 | 2.6 | 3.2 | -9.4% |
| Panama | 2.9 | 1.5 | 0.1 | 3.1 | 2.2% |
| France | 9.1 | 5.7 | 5.8 | 2.8 | -32.5% |
| South Africa | 2.3 | 1.7 | 1.4 | 2.5 | 2.8% |
| Chile | 1.3 | 3.1 | 2.4 | 2.1 | 17.3% |
| New Caledonia | 0.7 | 0.7 | 0.5 | 1.9 | 39.5% |
| Others | 28.6 | 23.8 | 26.0 | 17.0 | -15.9% |
| Total | 124 | 91.2 | 105 | 96.9 | -7.9% |
Top Export Markets for Speed Changer from Australia in 2022:
- United States (736.9 tons)
- New Zealand (481.9 tons)
- Papua New Guinea (444.9 tons)
- Japan (321.5 tons)
- Indonesia (215.4 tons)
- Belgium (193.8 tons)
- China (182.8 tons)
- Panama (131.7 tons)
- Singapore (120.5 tons)
- France (120.1 tons)
- South Africa (103.1 tons)
- Chile (88.8 tons)
- New Caledonia (80.0 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
