Australia and Oceania: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Australia and Oceania

The non-electric roasting furnace market in Australia and Oceania declined sharply to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, saw perceptible growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Non-Electric Roasting Furnace Production in Australia and Oceania

In value terms, non-electric roasting furnace production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Non-Electric Roasting Furnace Exports

Exports in Australia and Oceania

In 2022, overseas shipments of non-electric furnaces and ovens for the roasting or melting increased by X% to X units, rising for the second year in a row after four years of decline. Over the period under review, exports, however, continue to indicate a slight decline. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, non-electric roasting furnace exports stood at $X in 2022. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Australia (X units) represented the largest exporter of non-electric furnaces and ovens for the roasting or melting, making up X% of total exports. It was distantly followed by Fiji (X units), generating a X% share of total exports.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Fiji increased by X percentage points.

In value terms, Australia ($X) remains the largest non-electric roasting furnace supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports.

In Australia, non-electric roasting furnace exports shrank 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, surging by X% against the previous year. In general, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while Fiji amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%).

Non-Electric Roasting Furnace Imports

Imports in Australia and Oceania

In 2022, approx. X units of non-electric furnaces and ovens for the roasting or melting were imported in Australia and Oceania; waning by X% compared with 2021. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric roasting furnace imports dropped dramatically to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Fiji (X units) and Australia (X units) dominates imports structure, together generating X% of total imports. It was distantly followed by Papua New Guinea (X units), making up an X% share of total imports. New Zealand (X units) and Samoa (X units) followed a long way behind the leaders.

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

In value terms, Australia ($X) constitutes the largest market for imported non-electric furnaces and ovens for the roasting or melting in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

In Australia, non-electric roasting furnace imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Samoa ($X per unit), while Fiji ($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 a decline in the import price figures.

Source: IndexBox Platform

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