Australia: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2024

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Australia

After two years of growth, the Australian market for electric burglar or fire alarms and similar apparatus decreased by X% to $X in 2022. Overall, consumption, however, showed strong growth. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports from Australia

After two years of decline, shipments abroad of electric burglar or fire alarms and similar apparatus increased by X% to X units in 2022. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electric burglar or fire alarm exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for electric burglar or fire alarm exports from Australia, with a X% share of total exports. Moreover, electric burglar or fire alarm exports to New Zealand exceeded the volume sent to the second major destination, Hong Kong SAR (X units), threefold. The third position in this ranking was held by Papua New Guinea (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Papua New Guinea (X% per year).

In value terms, New Zealand ($X) remains the key foreign market for electric burglar or fire alarms and similar apparatus exports from Australia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Papua New Guinea (X% per year).

Export Prices by Country

In 2022, the average export price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($X per unit) and Israel ($X per unit), while the average price for exports to China ($X per unit) and Papua New Guinea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports into Australia

In 2022, after two years of growth, there was significant decline in supplies from abroad of electric burglar or fire alarms and similar apparatus, when their volume decreased by X% to X units. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, electric burglar or fire alarm imports contracted to $X in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric burglar or fire alarm to Australia, with a X% share of total imports. Moreover, electric burglar or fire alarm imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fivefold. Ireland (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Ireland (X% per year).

In value terms, China ($X) constituted the largest supplier of electric burglar or fire alarms and similar apparatus to Australia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Ireland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Ireland (X% per year).

Import Prices by Country

In 2022, the average import price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, surging by X% against the previous year. Overall, the import price enjoyed a resilient increase. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per unit) and the United States ($X per unit), while the price for the UK ($X per unit) and Ireland ($X per unit) were amongst the lowest.

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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :