Australia and Oceania: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Australia and Oceania

The harvesting machinery market in Australia and Oceania rose sharply to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Harvesting Machinery Production in Australia and Oceania

In value terms, harvesting machinery production expanded sharply to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 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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Harvesting Machinery Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of root or tuber harvesting machines decreased by X% to X units in 2022. Over the period under review, exports, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then contracted sharply in the following year.

In value terms, harvesting machinery exports shrank remarkably to $X in 2022. Overall, exports faced a sharp descent. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

New Zealand represented the key exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by Australia (X units), making up a X% share of total exports.

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

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

In Australia, harvesting machinery 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, which is down by X% against the previous year. Overall, the export price faced a sharp decline. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 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%).

Harvesting Machinery Imports

Imports in Australia and Oceania

After two years of growth, overseas purchases of root or tuber harvesting machines decreased by X% to X units in 2022. Overall, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, harvesting machinery imports declined slightly to $X in 2022. In general, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Australia (X units) represented the key importer of root or tuber harvesting machines, generating X% of total imports. Fiji (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (X%). New Caledonia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to harvesting machinery imports into Australia stood at X%. At the same time, Fiji (X%) and New Caledonia (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) and Fiji (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Caledonia (X p.p.) and New Zealand (X p.p.) displayed negative dynamics.

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

In Australia, harvesting machinery imports increased at 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: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Australia ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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