Australia and Oceania: Manostat Market 2023

Manostat Market Size in Australia and Oceania

The manostat market in Australia and Oceania amounted to $X in 2021, with an increase of 4.7% against the previous year. Over the period under review, consumption, however, recorded a prominent expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Manostat Production in Australia and Oceania

In value terms, manostat production amounted to $X in 2021 estimated in export price. In general, production recorded a significant increase. The growth pace was the most rapid in 2017 when the production volume increased by 154% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Manostat Exports

Exports in Australia and Oceania

In 2021, shipments abroad of manostats was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 574%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, manostat exports rose notably to $X in 2021. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 216%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand was the main exporter of manostats in Australia and Oceania, with the volume of exports reaching X units, which was near 61% of total exports in 2021. It was distantly followed by Australia (X units), making up a 37% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by New Zealand (with a CAGR of +22.5%).

In value terms, Australia ($X) remains the largest manostat supplier in Australia and Oceania, comprising 76% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 22% share of total exports.

In Australia, manostat exports increased at an average annual rate of +14.5% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, waning by -30.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 64% against the previous year. The level of export peaked at $X per unit in 2020, and then declined notably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+2.5%).

Manostat Imports

Imports in Australia and Oceania

Manostat imports fell markedly to X units in 2021, declining by -20.5% compared with 2020 figures. Overall, imports showed a mild setback. The pace of growth appeared the most rapid in 2018 when imports increased by 14%. Over the period under review, imports attained the maximum at X units in 2020, and then declined sharply in the following year.

In value terms, manostat imports expanded significantly to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 23%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, resulting at X units, which was near 91% of total imports in 2021. It was distantly followed by New Zealand (X units), achieving a 7.6% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of manostats. New Zealand (-1.5%) illustrated a downward trend over the same period. While the share of Australia (+3.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported manostats in Australia and Oceania, comprising 91% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 6.3% share of total imports.

In Australia, manostat imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, picking up by 40% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+2.1%).

Source: IndexBox Market Intelligence Platform

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