Australia and Oceania: Plastic Furniture Market 2024

Plastic Furniture Market Size in Australia and Oceania

The plastic furniture market in Australia and Oceania fell slightly to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then declined modestly in the following year.

Plastic Furniture Production in Australia and Oceania

In value terms, plastic furniture production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plastic Furniture Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of furniture of plastic decreased by X% to X units in 2022. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic furniture exports reduced to $X in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the major exporting country with an export of around X units, which recorded X% of total exports. New Zealand (X units) ranks second in terms of the total exports with an X% share, followed by Fiji (X%).

From 2012 to 2022, average annual rates of growth with regard to plastic furniture exports from Australia stood at X%. 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. From 2012 to 2022, the share of Australia and Fiji increased by X and X percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price saw slight growth. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 New Zealand (X%), while the other leaders experienced mixed trends in the export price figures.

Plastic Furniture Imports

Imports in Australia and Oceania

In 2022, imports of furniture of plastic in Australia and Oceania shrank slightly to X units, which is down by X% compared with 2021 figures. In general, imports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plastic furniture imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Australia represented the main importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by New Zealand (X units), mixing up a X% share of total imports. The following importers - Papua New Guinea (X units), Fiji (X units) and French Polynesia (X units) - each finished at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastic furniture imports into Australia stood at X%. At the same time, Papua New Guinea (X%), French Polynesia (X%), New Zealand (X%) and Fiji (X%) displayed positive paces of growth. Moreover, Papua New Guinea 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 ($X) constitutes the largest market for imported furniture of plastic in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by French Polynesia, with a X% share.

In Australia, plastic furniture imports expanded at 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, rising by X% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price 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, plastic furniture import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: 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 Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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