Australia and Oceania: Market for Industrial Automatic Sewing Machines 2024

Market Size for Industrial Automatic Sewing Machines in Australia and Oceania

In 2022, after three years of growth, there was significant decline in the industrial automatic sewing machine market in Australia and Oceania, when its value decreased by X% to $X. In general, consumption, however, showed resilient growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Industrial Automatic Sewing Machines in Australia and Oceania

In value terms, industrial automatic sewing machine production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was 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 somewhat lower figure.

Exports of Industrial Automatic Sewing Machines

Exports in Australia and Oceania

Industrial automatic sewing machine exports fell remarkably to X units in 2022, reducing by X% compared with the year before. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial automatic sewing machine exports contracted sharply to $X in 2022. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, average annual rates of growth with regard to industrial automatic sewing machine exports from Australia stood at X%. New Zealand (X%) illustrated a downward trend over the same period. 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 2022, respectively.

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

In Australia, industrial automatic sewing machine exports declined by 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. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: 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 (X%).

Imports of Industrial Automatic Sewing Machines

Imports in Australia and Oceania

After six years of growth, purchases abroad of industrial automatic sewing machines decreased by X% to X units in 2022. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then contracted notably in the following year.

In value terms, industrial automatic sewing machine imports surged to $X in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Australia represented the largest importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by New Zealand (X units), committing a X% share of total imports. The following importers - Vanuatu (X units) and Kiribati (X units) - each amounted to a X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Kiribati (X%), Vanuatu (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Kiribati emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Australia (X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported industrial automatic sewing machines in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Vanuatu, with a X% share.

From 2012 to 2022, the average annual growth rate 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 Vanuatu (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, showed a slight slump. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Kiribati ($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 a decline in the import price figures.

Source: IndexBox Platform

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