Australia and Oceania: Tubular Metal Needle Market 2020

Tubular Metal Needle Market Size in Australia and Oceania

The revenue of the tubular metal needle market in Australia and Oceania amounted to $X in 2017, approximately equating the previous year. The total market indicated a modest growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tubular metal needle consumption increased by +X% against 2013 indices. The growth pace was the most rapid in 2009, with an increase of X% y-o-y. Over the period under review, the tubular metal needle market reached its maximum level of $X in 2016, and then declined slightly in the following year.

Tubular Metal Needle Production in Australia and Oceania

In 2017, the amount of tubular metal needles for medicine produced in Australia and Oceania totaled X units, going down by -X% against the previous year. The tubular metal needle production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% y-o-y. The volume of tubular metal needle production peaked of X units in 2016, and then declined slightly in the following year.

Tubular Metal Needle Exports in Australia and Oceania

In 2017, tubular metal needle exports in Australia and Oceania amounted to X units, going up by X% against the previous year. The tubular metal needle exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the tubular metal needle exports reached their peak volume of X units. From 2009 to 2017, growth of the tubular metal needle exports stood at a somewhat lower level.

In value terms, tubular metal needle exports amounted to $X in 2017. The tubular metal needle exports continue to indicate a remarkable increase. Over the period under review, the tubular metal needle exports reached its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Tubular Metal Needle Exports by Country in Australia and Oceania

The countries with the highest levels of tubular metal needle exports in 2017 were Australia (X units), together accounting for X% of total export.

Australia was also the fastest growing in terms of the tubular metal needles for medicine exports, with a CAGR of +X% from 2007 to 2017. Australia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest tubular metal needle supplier in Australia and Oceania.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia stood at +X%.

Tubular Metal Needle Export Prices by Country in Australia and Oceania

The tubular metal needle export price in Australia and Oceania stood at $X per unit in 2017, flattening at the previous year. The export price indicated a mild expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tubular metal needle export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. The level of export price peaked of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Australia.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Tubular Metal Needle Imports in Australia and Oceania

In 2017, the amount of tubular metal needles for medicine imported in Australia and Oceania stood at X units, declining by -X% against the previous year. The total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. In that year, the tubular metal needle imports reached their peak volume of X units, and then declined slightly in the following year.

In value terms, tubular metal needle imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the tubular metal needle imports reached its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Tubular Metal Needle Imports by Country in Australia and Oceania

Australia dominates tubular metal needle imports structure, recording X units, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X units), creating X% share of total imports. Papua New Guinea (X units) took the minor share of total imports.

Australia was also the fastest growing in terms of the tubular metal needles for medicine imports, with a CAGR of +X% from 2007 to 2017. At the same time, Papua New Guinea (+X%) displayed positive paces of growth. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. While the share of New Zealand (X%) increased significantly in terms of the global imports from 2007-2017, the share of Australia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported tubular metal needles for medicine in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Australia totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and Papua New Guinea (+X% per year).

Tubular Metal Needle Import Prices by Country in Australia and Oceania

The tubular metal needle import price in Australia and Oceania stood at $X per unit in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when the import prices increased by X% year-to-year. In that year, the import prices for tubular metal needles for medicine attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Papua New Guinea (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform