Australia and Oceania: Hay-Making Machinery Market 2024

Hay-Making Machinery Market Size in Australia and Oceania

The hay-making machinery market in Australia and Oceania totaled $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Hay-Making Machinery Production in Australia and Oceania

In value terms, hay-making machinery production expanded modestly to $X in 2022 estimated in export price. The total output 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 in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Hay-Making Machinery Exports

Exports in Australia and Oceania

In 2022, the amount of hay-making machinery exported in Australia and Oceania soared to X units, picking up by X% compared with the year before. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, hay-making machinery exports surged to $X in 2022. Overall, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, New Zealand (X units) was the key exporter of hay-making machinery, making up X% of total exports. It was distantly followed by Australia (X units), comprising a X% share of total exports.

New Zealand was also the fastest-growing in terms of the hay-making machinery exports, with a CAGR of X% from 2012 to 2022. Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

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

In New Zealand, hay-making machinery exports expanded 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, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 totaled $X per unit.

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

Hay-Making Machinery Imports

Imports in Australia and Oceania

After three years of growth, supplies from abroad of hay-making machinery decreased by X% to X units in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then fell in the following year.

In value terms, hay-making machinery imports fell to $X in 2022. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Australia (X units) represented the key importer of hay-making machinery, achieving X% of total imports. It was distantly followed by New Zealand (X units), committing a X% share of total imports.

Australia was also the fastest-growing in terms of the hay-making machinery imports, with a CAGR of X% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported hay-making machinery in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, 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 New Zealand (X%).

Source: IndexBox Platform

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