Australia and Oceania: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in Australia and Oceania

The wind powered generator market in Australia and Oceania contracted rapidly to $X in 2021, shrinking by -28.1% against the previous year. Overall, consumption, however, saw a prominent increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Wind Powered Generator Production in Australia and Oceania

In value terms, wind powered generator production expanded sharply to $X in 2021 estimated in export price. In general, production showed a slight decline. The pace of growth was the most pronounced in 2014 with an increase of 29,686%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

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Wind Powered Generator Exports

Exports in Australia and Oceania

In 2021, wind powered generator exports in Australia and Oceania dropped dramatically to X units, which is down by -82.8% against the year before. Overall, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2014 when exports increased by 570%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, wind powered generator exports soared to $X in 2021. In general, exports, however, showed a resilient expansion. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Australia represented the major exporting country with an export of about X units, which reached 73% of total exports. It was distantly followed by New Zealand (X units), constituting a 28% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to wind powered generator exports from Australia stood at -28.8%. New Zealand (-14.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +21 percentage points.

In value terms, Australia ($X) remains the largest wind powered generator supplier in Australia and Oceania, comprising 99% of total exports. The second position in the ranking was held by New Zealand ($X), with a 1% share of total exports.

In Australia, wind powered generator exports expanded at an average annual rate of +10.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, surging by 6,974% against the previous year. Over the period under review, the export price posted a significant expansion. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Australia (+54.9%).

Wind Powered Generator Imports

Imports in Australia and Oceania

In 2021, purchases abroad of wind powered generating sets decreased by -82.9% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2014 when imports increased by 2,174%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, wind powered generator imports shrank sharply to $X in 2021. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2016 when imports increased by 2,972%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Australia (X units) represented the main importer of wind powered generating sets, creating 61% of total imports. It was distantly followed by Fiji (X units) and New Zealand (X units), together creating a 37% share of total imports.

Imports into Australia increased at an average annual rate of +3.9% from 2012 to 2021. At the same time, Fiji (+12.2%) and New Zealand (+7.6%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +12.2% from 2012-2021. Fiji (+12 p.p.) and New Zealand (+2.9 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -3.1% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported wind powered generating sets in Australia and Oceania, comprising 82% of total imports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total imports.

In Australia, wind powered generator imports declined by an average annual rate of -40.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+4.5% per year) and Fiji (-3.4% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, shrinking by -85.9% against the previous year. In general, the import price faced a sharp setback. The growth pace was the most rapid in 2016 an increase of 6,832%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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