Australia: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Australia

The Australian confectionery-making industrial machinery market shrank to $X in 2022, waning by X% against the previous year. In general, consumption saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Australia

In value terms, confectionery-making industrial machinery production contracted to $X in 2022 estimated in export price. In general, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from Australia

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from Australia dropped notably to X units, which is down by X% against the previous year. In general, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports shrank to $X in 2022. Over the period under review, exports, however, posted a mild expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Turkey (X units) and Indonesia (X units) were the main destinations of confectionery-making industrial machinery exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for confectionery-making industrial machinery exported from Australia were the United States ($X), Turkey ($X) and Indonesia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, rising by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price 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, confectionery-making industrial machinery export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

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

Confectionery-Making Industrial Machinery Imports

Imports into Australia

Confectionery-making industrial machinery imports into Australia expanded remarkably to X units in 2022, with an increase of X% compared with 2021. In general, total imports indicated a remarkable increase 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports expanded sharply to $X in 2022. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of confectionery-making industrial machinery imports to Australia, together comprising X% of total imports. Slovakia, the UK, Turkey, the Netherlands, Switzerland, Belgium, Denmark, New Zealand and Chile lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Germany ($X) were the largest confectionery-making industrial machinery suppliers to Australia, together accounting for X% of total imports. Slovakia, the UK, Turkey, the Netherlands, Switzerland, Belgium, New Zealand, Denmark and Chile lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per unit) and the Netherlands ($X per unit), while the price for Switzerland ($X per unit) and Belgium ($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

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