Australia and Oceania: Balloon And Dirigible Market 2024

Balloon And Dirigible Exports

Exports in Australia and Oceania

In 2023, after two years of growth, there was significant decline in shipments abroad of balloons, dirigibles and other non-powered aircraft, when their volume decreased by X% to X units. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, balloon and dirigible exports declined remarkably to $X in 2023. Overall, exports recorded a pronounced descent. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia represented the major exporting country with an export of around X units, which accounted for X% of total exports. It was distantly followed by New Zealand (X units), comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to balloon and dirigible exports from Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. New Zealand (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest balloon and dirigible supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main exporting countries, Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, the export price saw prominent growth. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Balloon And Dirigible Imports

Imports in Australia and Oceania

In 2023, the amount of balloons, dirigibles and other non-powered aircraft imported in Australia and Oceania reduced to X units, with a decrease of X% against 2022. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, balloon and dirigible imports soared to $X in 2023. Over the period under review, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Australia (X units) represented the largest importer of balloons, dirigibles and other non-powered aircraft, generating X% of total imports. It was distantly followed by New Zealand (X units), creating a X% share of total imports. The following importers - Papua New Guinea (X units), Kiribati (X units) and Tonga (X units) - each resulted at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to balloon and dirigible imports into Australia stood at X%. At the same time, Tonga (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Tonga emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. Papua New Guinea experienced a relatively flat trend pattern. By contrast, Kiribati (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of New Zealand and Tonga increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported balloons, dirigibles and other non-powered aircraft in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Australia stood at X%. 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).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per unit, picking up by X% against the previous year. Import price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2018 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Tonga ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kiribati (X%), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform