Australia: Automotive Lighting Market 2024

Automotive Lighting Market Size in Australia

The Australian automotive lighting market rose rapidly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, showed a noticeable setback. Automotive lighting consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Automotive Lighting Production in Australia

In value terms, automotive lighting production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced descent. The growth pace was the most rapid in 2018 with an increase of X%. Automotive lighting production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Automotive Lighting Exports

Exports from Australia

Automotive lighting exports from Australia contracted modestly to X units in 2022, waning by X% on the year before. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then fell modestly in the following year.

In value terms, automotive lighting exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for automotive lighting exports from Australia, with a X% share of total exports. Moreover, automotive lighting exports to the United States exceeded the volume sent to the second major destination, the UK (X units), fourfold. The third position in this ranking was held by New Zealand (X units), with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for automotive lighting exports from Australia, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

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

Export Prices by Country

The average automotive lighting export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($X per unit) and China ($X per unit), while the average price for exports to New Zealand ($X per unit) and Papua New Guinea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Automotive Lighting Imports

Imports into Australia

In 2022, approx. X units of automotive lighting were imported into Australia; with a decrease of X% on 2021. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, automotive lighting imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Japan (X units) were the main suppliers of automotive lighting imports to Australia, with a combined X% share of total imports. South Korea, the United States, Thailand, New Zealand, the Czech Republic, Slovakia, the United Arab Emirates, Mexico, Austria and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest automotive lighting suppliers to Australia were China ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined X% share of total imports. South Korea, the United States, Thailand, New Zealand, the Czech Republic, Slovakia, Mexico, Austria, Germany and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded 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

The average automotive lighting import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per unit) and Japan ($X per unit), while the price for the United Arab Emirates ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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