Australia and Oceania: Diamonded Drilling Tools Market 2020

Diamonded Drilling Tools Market Size in Australia and Oceania

The revenue of the diamonded drilling tools market in Australia and Oceania amounted to $X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. In that year, the diamonded drilling tools market reached their peak level of $X. From 2013 to 2017, growth of the diamonded drilling tools market stood at a somewhat lower level.

Diamonded Drilling Tools Production in Australia and Oceania

In 2017, the amount of drilling tools with working part of diamond produced in Australia and Oceania stood at X units, approximately mirroring the previous year. The diamonded drilling tools production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year. The volume of diamonded drilling tools production peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Exports in Australia and Oceania

The exports totaled X units in 2017, coming up by X% against the previous year. The diamonded drilling tools exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. In that year, the diamonded drilling tools exports attained their peak volume of X units. From 2015 to 2017, growth of the diamonded drilling tools exports stood at a somewhat lower level.

In value terms, diamonded drilling tools exports totaled $X in 2017. The total exports indicated a moderate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamonded drilling tools exports decreased by -X% against 2014 indices. In that year, the diamonded drilling tools exports reached their peak level of $X. From 2015 to 2017, growth of the diamonded drilling tools exports failed to regain its momentum.

Diamonded Drilling Tools Exports by Country in Australia and Oceania

New Zealand (X units) and Australia (X units) represented roughly X% of total exports of drilling tools with working part of diamond in 2017.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by New Zealand (+X% per year).

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries , New Zealand (+X% per year) recorded the highest growth rate of exports, over the last decade.

Diamonded Drilling Tools Export Prices by Country in Australia and Oceania

In 2017, the diamonded drilling tools export price in Australia and Oceania amounted to $X per unit, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, when the export prices increased by X% against the previous year. In that year, the export prices for drilling tools with working part of diamond reached their peak level of $X per unit. From 2013 to 2017, growth of the export prices for drilling tools with working part of diamond failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was New Zealand ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Diamonded Drilling Tools Imports in Australia and Oceania

The imports stood at X units in 2017, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, diamonded drilling tools imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the diamonded drilling tools imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Imports by Country in Australia and Oceania

Australia dominates diamonded drilling tools imports structure, finishing at X units, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X units), creating X% share of total imports. The following importers - Papua New Guinea (X units), New Caledonia (X units) and Fiji (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to diamonded drilling tools imports into Australia stood at +X%. At the same time, Fiji (+X%), Papua New Guinea (+X%), New Caledonia (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. Fiji (-X%), New Zealand (-X%), Papua New Guinea (-X%) and Australia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported drilling tools with working part of diamond in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

In Australia, diamonded drilling tools imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Diamonded Drilling Tools Import Prices by Country in Australia and Oceania

In 2017, the diamonded drilling tools import price in Australia and Oceania amounted to $X per unit, going down by -X% against the previous year. The diamonded drilling tools import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when the import prices increased by X% year-to-year. The level of import price peaked of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was New Zealand ($X per unit), while Fiji ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Zealand (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform