Australia: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in Australia

The Australian liquid supply meter market skyrocketed to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated resilient growth from 2012 to 2022: its value 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. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Liquid Supply Meter Exports

Exports from Australia

In 2022, the amount of liquid supply or production meters exported from Australia soared to X units, picking up by X% against 2021 figures. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid supply meter exports soared to $X in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Papua New Guinea (X units), China (X units) and Vietnam (X units) were the main destinations of liquid supply meter exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Papua New Guinea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X) remains the key foreign market for liquid supply or production meters exports from Australia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Papua New Guinea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average liquid supply meter export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to China ($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 Papua New Guinea (X%).

Liquid Supply Meter Imports

Imports into Australia

In 2022, the amount of liquid supply or production meters imported into Australia skyrocketed to X units, jumping by X% compared with the previous year. Over the period under review, total imports indicated a strong 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. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, liquid supply meter imports skyrocketed to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Indonesia (X units) constituted the largest supplier of liquid supply meter to Australia, with a X% share of total imports. Moreover, liquid supply meter imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Slovakia (X units), with a X% share.

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

In value terms, the largest liquid supply meter suppliers to Australia were Indonesia ($X), China ($X) and Germany ($X), together accounting for X% of total imports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 liquid supply meter import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Malaysia ($X per unit) was 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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