Australia and Oceania: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Australia and Oceania

The industrial sewing machines (non-automatic) market in Australia and Oceania reduced to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate a strong increase. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Industrial Sewing Machines (Non-Automatic) in Australia and Oceania

In value terms, industrial sewing machines (non-automatic) production dropped markedly to $X in 2022 estimated in export price. In general, production recorded a deep slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports in Australia and Oceania

Industrial sewing machines (non-automatic) exports declined remarkably to X units in 2022, waning by X% on the previous year. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial sewing machines (non-automatic) exports dropped dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. New Zealand (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to industrial sewing machines (non-automatic) exports from Australia stood at X%. New Zealand (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, Australia ($X) remains the largest industrial sewing machines (non-automatic) supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, industrial sewing machines (non-automatic) exports contracted 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, declining by X% against the previous year. Overall, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced rapidly in the following year.

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 stood at $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 Sewing Machines (Non-Automatic)

Imports in Australia and Oceania

In 2022, supplies from abroad of industrial sewing machines (non-automatic) increased by X% to X units, rising for the fifth consecutive year after two years of decline. In general, imports continue to indicate prominent growth. The growth pace was the most rapid in 2015 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, industrial sewing machines (non-automatic) imports fell rapidly to $X in 2022. Over the period under review, imports, however, showed a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, New Zealand (X units) was the largest importer of industrial sewing machines (non-automatic), creating X% of total imports. It was distantly followed by Fiji (X units) and Australia (X units), together creating a X% share of total imports. The following importers - Kiribati (X units) and Papua New Guinea (X units) - together made up X% of total imports.

Imports into New Zealand increased at an average annual rate of X% from 2012 to 2022. At the same time, Kiribati (X%) and Fiji (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. By contrast, Papua New Guinea (X%) and Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Kiribati (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea and Australia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest industrial sewing machines (non-automatic) importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Fiji ($X), with a combined X% share of total imports. Papua New Guinea and Kiribati lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Kiribati, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Papua New Guinea (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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