Australia: Vapour Power Unit Market 2024

Vapour Power Unit Market Size in Australia

In 2022, the Australian vapour power unit market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, showed a pronounced setback. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Vapour Power Unit Production in Australia

In value terms, vapour power unit production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Vapour power unit production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Vapour Power Unit Exports

Exports from Australia

In 2022, approx. X tons of condensers for steam or other vapour power units were exported from Australia; rising by X% against the previous year's figure. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vapour power unit exports soared to $X in 2022. Overall, exports, however, showed a deep downturn. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for vapour power unit exports from Australia, accounting for a X% share of total exports. Moreover, vapour power unit exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), fivefold. The third position in this ranking was held by Vanuatu (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Vanuatu (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for condensers for steam or other vapour power units exports from Australia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Vanuatu, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Vanuatu (X% per year).

Export Prices by Country

The average vapour power unit export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price continues to indicate a modest increase. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vanuatu ($X per ton) and the United States ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (X%), while the prices for the other major destinations experienced a decline.

Vapour Power Unit Imports

Imports into Australia

After three years of decline, supplies from abroad of condensers for steam or other vapour power units increased by X% to X tons in 2022. Over the period under review, imports, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, vapour power unit imports surged to $X in 2022. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main vapour power unit supplier to Australia, with a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of condensers for steam or other vapour power units to Australia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

In 2022, the average vapour power unit import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform