Australia and Oceania: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2024

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Australia and Oceania

In 2022, after two years of decline, there was growth in the pneumatic tyre retreading machinery market in Australia and Oceania, when its value increased by X% to $X. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Australia and Oceania

In value terms, pneumatic tyre retreading machinery production dropped 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; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports in Australia and Oceania

In 2022, overseas shipments of machinery for moulding or retreading pneumatic tyres decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a abrupt curtailment. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pneumatic tyre retreading machinery exports surged to $X in 2022. Overall, exports showed a slight reduction. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. New Zealand (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pneumatic tyre retreading machinery exports from Australia stood at X%. New Zealand (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In Australia, pneumatic tyre retreading machinery 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, rising by X% against the previous year. Overall, the export price saw a significant increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably 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 (X%).

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports in Australia and Oceania

In 2022, purchases abroad of machinery for moulding or retreading pneumatic tyres increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pneumatic tyre retreading machinery imports surged to $X in 2022. Overall, imports posted a pronounced increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Australia (X units) represented the key importer of machinery for moulding or retreading pneumatic tyres, generating X% of total imports. It was distantly followed by New Zealand (X units) and Papua New Guinea (X units), together comprising a X% share of total imports. The following importers - Kiribati (X units), Samoa (X units), Fiji (X units) and Vanuatu (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and Papua New Guinea ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Fiji, Vanuatu, Kiribati and Samoa lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Samoa, with a CAGR of X%, saw the highest growth rate of 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, increasing by X% against the previous year. Overall, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Samoa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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