Australia and Oceania: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2024

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in Australia and Oceania

The electrical board and console market in Australia and Oceania rose modestly to $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a noticeable contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in Australia and Oceania

In value terms, electrical board and console production dropped significantly to $X in 2022 estimated in export price. In general, production continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports in Australia and Oceania

After two years of growth, overseas shipments of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v decreased by X% to X units in 2022. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electrical board and console exports shrank notably to $X in 2022. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Australia (X units) was the largest exporter of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v, generating X% of total exports. It was distantly followed by New Zealand (X units), mixing up a X% share of total exports.

Australia was also the fastest-growing in terms of the boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest electrical board and console supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, electrical board and console exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports in Australia and Oceania

Electrical board and console imports rose to X units in 2022, surging by X% on the year before. Overall, imports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electrical board and console imports shrank slightly to $X in 2022. In general, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) was the largest importer of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v, committing X% of total imports. It was distantly followed by New Zealand (X units), generating a X% share of total imports. New Caledonia (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electrical board and console imports into Australia stood at X%. At the same time, New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, New Caledonia 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.) and New Caledonia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while New Caledonia ($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 import price figures.

Source: IndexBox Platform

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