Australia and Oceania: Dc Motor Market 2024

Dc Motor Market Size in Australia and Oceania

In 2023, the DC motor market in Australia and Oceania increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Dc Motor Production in Australia and Oceania

In value terms, DC motor production reduced slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

Dc Motor Exports

Exports in Australia and Oceania

In 2023, overseas shipments of DC motors decreased by X% to X units, falling for the second consecutive year after four years of growth. In general, exports saw a deep contraction. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, DC motor exports dropped to $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2022, and then reduced in the following year.

Exports by Country

Australia prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2023. It was distantly followed by New Zealand (X units), making up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to DC motor exports from Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of New Zealand increased by X percentage points.

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

In Australia, DC motor exports remained relatively stable over the period from 2012-2023.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, the export price recorded prominent growth. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Dc Motor Imports

Imports in Australia and Oceania

DC motor imports contracted to X units in 2023, approximately reflecting 2022. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, DC motor imports shrank to $X in 2023. Total imports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then shrank in the following year.

Imports by Country

Australia prevails in imports structure, recording X units, which was approx. X% of total imports in 2023. It was distantly followed by New Zealand (X units), making up a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to DC motor imports into Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Australia stood at X%.

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per unit, waning by X% against the previous year. Overall, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2022, and then declined modestly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform