Australia and Oceania: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Australia and Oceania

The civil reaction engine market in Australia and Oceania contracted to $X in 2022, which is down by X% against the previous year. In general, consumption faced a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Civil Reaction Engine Production in Australia and Oceania

In value terms, civil reaction engine production amounted to $X in 2022 estimated in export price. In general, production saw a slight contraction. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Civil Reaction Engine Exports

Exports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in overseas shipments of civil reaction engines, when their volume decreased by X% to X units. Overall, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X units in 2021, and then contracted notably in the following year.

In value terms, civil reaction engine exports declined dramatically to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

New Zealand represented the largest exporter of civil reaction engines in Australia and Oceania, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X units), constituting a X% share of total exports.

New Zealand was also the fastest-growing in terms of the civil reaction engines exports, with a CAGR of X% from 2012 to 2022. Australia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by X percentage points.

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

In New Zealand, civil reaction engine 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 unit, dropping by X% against the previous year. Overall, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

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

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

Civil Reaction Engine Imports

Imports in Australia and Oceania

In 2022, the amount of civil reaction engines imported in Australia and Oceania surged to X units, increasing by X% against the previous year. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, civil reaction engine imports soared to $X in 2022. Overall, imports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia was the main importer of civil reaction engines in Australia and Oceania, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), creating a X% share of total imports. The following importers - Fiji (X units), Papua New Guinea (X units), Solomon Islands (X units) and New Caledonia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for New Caledonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported civil reaction engines in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with an X% share of total imports. It was followed by New Zealand, with an X% share.

In Australia, civil reaction engine imports contracted by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, dropping by X% against the previous year. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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