Australia: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in Australia

In 2022, the Australian market for machinery for filtering or purifying gases increased by X% to $X, rising for the fifth consecutive year after three years of decline. In general, consumption saw a prominent increase. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Machinery for Filtering or Purifying Gases

Exports from Australia

In 2022, approx. X units of machinery for filtering or purifying gases were exported from Australia; which is down by X% on the previous year's figure. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of attained the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machinery for filtering or purifying gases dropped notably to $X in 2022. Overall, exports, however, posted measured growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

The United States (X units), New Zealand (X units) and Saudi Arabia (X units) were the main destinations of exports of machinery for filtering or purifying gases from Australia, with a combined X% share of total exports. China, Taiwan (Chinese), Papua New Guinea, Germany, Singapore, the Netherlands, Malaysia and Japan lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) remains the key foreign market for machinery for filtering or purifying gases exports from Australia, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

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

Export Prices by Country

In 2022, the average export price for machinery for filtering or purifying gases amounted to $X per unit, surging by X% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Imports of Machinery for Filtering or Purifying Gases

Imports into Australia

In 2022, supplies from abroad of machinery for filtering or purifying gases increased by X% to X units, rising for the fifth year in a row after two years of decline. Overall, total imports indicated a prominent 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 2017 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of machinery for filtering or purifying gases surged to $X in 2022. In general, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the UK (X units) and Germany (X units) were the main suppliers of imports of machinery for filtering or purifying gases 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 Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest machinery for filtering or purifying gases suppliers to Australia were China ($X), Thailand ($X) and South Korea ($X), together accounting for X% of total imports. The United States, Germany, Malaysia, the UK, Japan, Italy and Sweden lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, saw the highest growth rate of 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 machinery for filtering or purifying gases amounted to $X per unit, picking up 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 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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