Australia: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Australia

The Australian stone sawing machine market rose slightly to $X in 2021, increasing by 4.1% against the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Stone sawing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Stone Sawing Machine Production in Australia

In value terms, stone sawing machine production expanded notably to $X in 2021 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 82% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Stone Sawing Machine Exports

Exports from Australia

After two years of decline, overseas shipments of sawing machines for working stone, ceramics and concrete increased by 156% to X units in 2021. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 782% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, stone sawing machine exports soared to $X in 2021. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 126%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

New Zealand (X units) was the main destination for stone sawing machine exports from Australia, accounting for a 57% share of total exports. Moreover, stone sawing machine exports to New Zealand exceeded the volume sent to the second major destination, Turkey (X units), threefold. Kazakhstan (X units) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Kazakhstan (0.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Australia, comprising 68% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.4% share of total exports. It was followed by Papua New Guinea, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand totaled +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+40.3% per year) and Papua New Guinea (+19.2% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, falling by -16% against the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 254% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+66.0%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Australia

After two years of decline, overseas purchases of sawing machines for working stone, ceramics and concrete increased by 13% to X units in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, stone sawing machine imports rose markedly to $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 38%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and the United States (X units) were the main suppliers of stone sawing machine imports to Australia, together accounting for 77% of total imports. These countries were followed by Sweden, Germany, Bulgaria and Vietnam, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +39.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stone sawing machine suppliers to Australia were China ($X), Italy ($X) and the United States ($X), with a combined 77% share of total imports. These countries were followed by Sweden, Germany, Bulgaria and Vietnam, which together accounted for a further 18%.

Among the main suppliers, Bulgaria, with a CAGR of +104.4%, 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

The average stone sawing machine import price stood at $X per unit in 2021, almost unchanged from the previous year. In general, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stone sawing machine import price decreased by -6.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Vietnam ($X per unit) and Germany ($X per unit), while the price for China ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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