Australia and Oceania: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2024

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Australia and Oceania

In 2022, the non-electronic hydro- and hygrometers market in Australia and Oceania decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X, leveling off in the following year.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Australia and Oceania

In value terms, non-electronic hydro- and hygrometers production stood at $X in 2022 estimated in export price. The total production indicated slight growth 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports in Australia and Oceania

Non-electronic hydro- and hygrometers exports surged to X units in 2022, rising by X% compared with the previous year. Overall, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electronic hydro- and hygrometers exports totaled $X in 2022. Over the period under review, exports recorded modest growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Australia dominates exports structure, recording X units, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X units), committing an X% share of total exports.

Australia was also the fastest-growing in terms of the non-electronic hydro-, hygro-, psychrometers exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, the largest non-electronic hydro- and hygrometers supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main exporting countries, New Zealand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, dropping by X% against the previous year. Overall, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 totaled $X per unit.

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

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports in Australia and Oceania

In 2022, supplies from abroad of non-electronic hydro-, hygro-, psychrometers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2021, and then declined in the following year.

In value terms, non-electronic hydro- and hygrometers imports reduced modestly to $X in 2022. Total imports indicated buoyant growth 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. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Australia prevails in imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), generating an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-electronic hydro- and hygrometers 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 2012-2022. New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

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. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :