Australia and Oceania: Air Conditioning Machine Market 2024

Air Conditioning Machine Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of air conditioning machines decreased by X% to X units in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, air conditioning machine exports dropped to $X in 2022. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia represented the key exporter of air conditioning machines in Australia and Oceania, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X units), constituting a X% share of total exports. Fiji (X units) took a little share of total exports.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, New Zealand ($X), Australia ($X) and Fiji ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Fiji, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price posted a mild increase. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the export price figures.

Air Conditioning Machine Imports

Imports in Australia and Oceania

For the fifth consecutive year, Australia and Oceania recorded decline in purchases abroad of air conditioning machines, which decreased by X% to X units in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, air conditioning machine imports stood at $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia was the key importer of air conditioning machines in Australia and Oceania, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), comprising a X% share of total imports. The following importers - Papua New Guinea (X units), Fiji (X units) and French Polynesia (X units) - each accounted for a X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of air conditioning machines. At the same time, New Zealand (X%), French Polynesia (X%), Fiji (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported air conditioning machines in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by French Polynesia, with a X% share.

In Australia, air conditioning machine imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and French Polynesia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform