Australia: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Australia

The Australian market for machine-tools for working stone, ceramics, and concrete fell modestly to $X in 2022, stabilizing at the previous year. In general, consumption saw a abrupt decline. Machine tools for working stone consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Australia

In value terms, machine tools for working stone production declined slightly to $X in 2022 estimated in export price. In general, production saw a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of X%. Machine tools for working stone production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Australia

In 2022, overseas shipments of machine-tools for working stone, ceramics, and concrete were finally on the rise to reach X units for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, saw a sharp curtailment. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine tools for working stone exports fell markedly to $X in 2022. In general, exports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X units), New Caledonia (X units) and New Zealand (X units) were the main destinations of machine tools for working stone exports from Australia, together comprising X% 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 New Caledonia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, New Zealand ($X) remains the key foreign market for machine-tools for working stone, ceramics, and concrete exports from Australia, comprising X% of total exports. The second position in the ranking was held by New Caledonia ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (X% per year) and India (X% per year).

Export Prices by Country

The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price, however, saw pronounced growth. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to India ($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 Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Australia

In 2022, imports of machine-tools for working stone, ceramics, and concrete into Australia surged to X units, with an increase of X% compared with the previous year's figure. Overall, imports saw a perceptible increase. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, machine tools for working stone imports surged to $X in 2022. Over the period under review, total imports indicated a noticeable 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. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and Austria (X units) were the main suppliers of machine tools for working stone imports to Australia, together comprising X% of total imports.

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

In value terms, the largest machine tools for working stone suppliers to Australia were Italy ($X), China ($X) and Austria ($X), together accounting for X% of total imports.

In terms of the main suppliers, Austria, 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 import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per unit) and China ($X per unit), while the price for the United States ($X per unit) and Germany ($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 a decline.

Source: IndexBox Platform

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