Australia: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Australia

The Australian injection-moulding machine market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Injection-Moulding Machine Production in Australia

In value terms, injection-moulding machine production soared to $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Injection-Moulding Machine Exports

Exports from Australia

Injection-moulding machine exports from Australia shrank notably to X units in 2022, waning by X% against the previous year. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, injection-moulding machine exports fell rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Maldives (X units), New Zealand (X units) and Papua New Guinea (X units) were the main destinations of injection-moulding machine exports from Australia, together accounting for X% of total exports. India, Bangladesh, New Caledonia, China, the United States, Vietnam and Singapore lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for injection-moulding machine exported from Australia were India ($X), New Zealand ($X) and China ($X), together accounting for X% of total exports.

In terms of the main countries of destination, India, 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 more modest paces of growth.

Export Prices by Country

The average injection-moulding machine export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Maldives ($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 Papua New Guinea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports into Australia

In 2022, the amount of injection-moulding machines for working rubber or plastics imported into Australia amounted to X units, picking up by X% on 2021. Over the period under review, total imports indicated notable growth 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 2013 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, injection-moulding machine imports expanded notably to $X in 2022. In general, total imports indicated a perceptible increase 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 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest injection-moulding machine supplier to Australia, with a X% share of total imports. Moreover, injection-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of injection-moulding machines for working rubber or plastics to Australia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

Import Prices by Country

The average injection-moulding machine import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for India ($X per unit) was 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 more modest paces of growth.

Source: IndexBox Platform

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