Australia: Market for Numerically Controlled Drilling Machines For Working Metal 2022

Market Size for Numerically Controlled Drilling Machines For Working Metal in Australia

The Australian numerically controlled drilling machine market soared to $X in 2021, picking up 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). Over the period under review, consumption enjoyed a strong increase. Numerically controlled drilling machine consumption peaked in 2021 and is expected to retain growth in the near future.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Australia

In 2021, exports of numerically controlled drilling machines for working metal from Australia shrank notably to X tons, waning by -X% against 2020 figures. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports declined notably to $X in 2021. Over the period under review, exports saw a precipitous decrease. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tons), the United States (X kg) and Hong Kong SAR (X kg) were the main destinations of numerically controlled drilling machine exports from Australia, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of -X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for numerically controlled drilling machine exported from Australia were New Zealand ($X), the United States ($X) and Hong Kong SAR ($X), with a combined X% share of total exports. China lagged somewhat behind, comprising a further X the main countries of destination, China, with a CAGR of -X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average numerically controlled drilling machine export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price showed slight growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were China ($X per ton) and the United States ($X per ton), while the average price for exports to New Zealand ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2021, 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 a decline.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Australia

For the third consecutive year, Australia recorded growth in purchases abroad of numerically controlled drilling machines for working metal, which increased by X% to X tons in 2021. Overall, imports showed strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, numerically controlled drilling machine imports skyrocketed to $X in 2021. In general, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of numerically controlled drilling machine imports to Australia, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest numerically controlled drilling machine suppliers to Australia were the United States ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of +X%, saw 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 2021, the average numerically controlled drilling machine import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Argentina ($X per ton) and China ($X per ton), while the price for Germany ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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