Australia and Oceania: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Australia and Oceania

In 2022, after two years of growth, there was significant decline in the hand-operated air pump market in Australia and Oceania, when its value decreased by -13.4% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Hand-Operated Air Pump Production in Australia and Oceania

In value terms, hand-operated air pump production totaled $X in 2022 estimated in export price. Over the period under review, production recorded slight growth. The growth pace was the most rapid in 2017 when the production volume increased by 1,906% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Hand-Operated Air Pump Exports

Exports in Australia and Oceania

In 2022, shipments abroad of hand or foot-operated air pumps increased by 331% to X units, rising for the third year in a row after two years of decline. In general, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand-operated air pump exports soared to $X in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia dominates exports structure, reaching X units, which was approx. 92% of total exports in 2022. It was distantly followed by New Zealand (X units), achieving a 7.6% share of total exports.

Australia was also the fastest-growing in terms of the hand or foot-operated air pumps exports, with a CAGR of +22.5% from 2012 to 2022. At the same time, New Zealand (+10.4%) displayed positive paces of growth. While the share of Australia (+20 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-9.4 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest hand-operated air pump supplier in Australia and Oceania, comprising 97% of total exports. The second position in the ranking was held by New Zealand ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +27.4%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, picking up by 41% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the export price increased by 86% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.0%).

Hand-Operated Air Pump Imports

Imports in Australia and Oceania

After three years of growth, purchases abroad of hand or foot-operated air pumps decreased by -11.8% to X units in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, hand-operated air pump imports contracted to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Australia (X units) was the key importer of hand or foot-operated air pumps, making up 84% of total imports. It was distantly followed by New Zealand (X units), achieving a 12% share of total imports. Papua New Guinea (X units) held a minor share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of hand or foot-operated air pumps. At the same time, New Zealand (+3.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +3.2% from 2012-2022. By contrast, Papua New Guinea (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by +2.6 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported hand or foot-operated air pumps in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (+5.2% per year) and Papua New Guinea (+1.3% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, increasing by 5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 9.3% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+6.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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