Australia and Oceania: Bumper Market 2024

Bumper Market Size in Australia and Oceania

The bumper market in Australia and Oceania amounted to $X in 2022, approximately equating the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Bumper Production in Australia and Oceania

In value terms, bumper production declined slightly to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Bumper Exports

Exports in Australia and Oceania

After three years of growth, shipments abroad of bumpers decreased by X% to X tons in 2022. Total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped notably in the following year.

In value terms, bumper exports contracted notably to $X in 2022. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

The shipments of the one major exporters of bumpers, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the bumpers exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest bumper supplier in Australia and Oceania.

In Australia, bumper exports increased at 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 ton, rising by X% against the previous year. Overall, the export price enjoyed a measured increase. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Bumper Imports

Imports in Australia and Oceania

In 2022, approx. X tons of bumpers were imported in Australia and Oceania; with a decrease of X% against the previous year. In general, imports showed a slight contraction. 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 hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, bumper imports reduced slightly to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Australia was the major importer of bumpers in Australia and Oceania, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X tons), constituting a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, New Zealand (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. New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

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 ton), while Australia amounted to $X per ton.

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

Source: IndexBox Platform