Australia and Oceania: Relay Market 2024

Relay Market Size in Australia and Oceania

In 2022, the relay market in Australia and Oceania increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a perceptible downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Relay Production in Australia and Oceania

In value terms, relay production declined remarkably to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Relay Exports

Exports in Australia and Oceania

In 2022, after six years of growth, there was significant decline in shipments abroad of relays, when their volume decreased by X% to X units. In general, exports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X units in 2021, and then reduced in the following year.

In value terms, relay exports rose significantly to $X in 2022. Overall, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Australia dominates exports structure, finishing at X units, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X units), creating an X% share of total exports.

Australia was also the fastest-growing in terms of the relays exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, increasing by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price 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. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

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

Relay Imports

Imports in Australia and Oceania

In 2022, approx. X units of relays were imported in Australia and Oceania; picking up by X% compared with 2021 figures. In general, imports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2017 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, relay imports expanded remarkably to $X in 2022. Overall, imports, however, showed a mild decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Australia represented the major importer of relays in Australia and Oceania, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), achieving a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. 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. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

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

In Australia, relay imports plunged by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, stabilizing at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, 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%).

Source: IndexBox Platform

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