Australia - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Australia - 2023
Contents:
- Test Bench Price in Australia (CIF) - 2022
- Test Bench Price in Australia (FOB) - 2022
- Test Bench Imports in Australia
- Test Bench Exports in Australia
Test Bench Price in Australia (CIF) - 2022
The average test bench import price stood at $2,558 per unit in 2022, reducing by -47.8% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 an increase of 22% against the previous year. The import price peaked at $4,901 per unit in 2021, and then contracted remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($23,892 per unit), while the price for Italy ($1,142 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Test Bench Price in Australia (FOB) - 2022
In 2022, the average test bench export price amounted to $7,272 per unit, falling by -7.3% against the previous year. Over the period under review, the export price, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2017 an increase of 143% against the previous year. The export price peaked at $8,175 per unit in 2019; however, from 2020 to 2022, the export prices stood 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 the Netherlands ($7,272 per unit) and Germany ($7,272 per unit), while the average price for exports to Italy ($7,272 per unit) and Sweden ($7,272 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 the United States (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Imports in Australia
Test bench imports into Australia soared to 2.7K units in 2022, picking up by 73% compared with the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, test bench imports shrank to $7M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Test Bench in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 470 | 8,248 | 1,113 | 2,488 | 74.3% |
| United States | 288 | 515 | 3,751 | 1,452 | 71.5% |
| Spain | 9.0 | N/A | 73.3 | 494 | 280.0% |
| Italy | 3,293 | 14.2 | 300 | 339 | -53.1% |
| China | 212 | 75.6 | 300 | 322 | 14.9% |
| Switzerland | 29.9 | 24.2 | N/A | 265 | 106.9% |
| Sweden | 144 | 9.8 | 138 | 155 | 2.5% |
| United Kingdom | 405 | 404 | 223 | 110 | -35.2% |
| Netherlands | 232 | 95.5 | 452 | 76.5 | -30.9% |
| Czech Republic | N/A | N/A | 474 | 17.6 | -96.3% |
| Others | 1,401 | 885 | 893 | 1,264 | -3.4% |
| Total | 6,484 | 10,272 | 7,718 | 6,985 | 2.5% |
Top Suppliers of Test Bench to Australia in 2022:
- Germany (1631.0 units)
- Italy (297.0 units)
- Switzerland (182.0 units)
- China (168.0 units)
- Sweden (107.0 units)
- United States (61.0 units)
- Spain (50.0 units)
- United Kingdom (34.0 units)
- Netherlands (25.0 units)
- Czech Republic (8.0 units)
Test Bench Exports in Australia
In 2022, overseas shipments of test benches were finally on the rise to reach 129 units after two years of decline. Overall, exports, however, showed a sharp decline. The exports peaked at 357 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, test bench exports skyrocketed to $935K in 2022. Over the period under review, exports, however, showed a sharp decline. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Test Bench in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 151 | 5.9 | 117 | 274 | 22.0% |
| United States | 105 | 6.9 | 78.8 | 148 | 12.1% |
| Japan | N/A | 2.1 | 3.7 | 143 | 725.2% |
| New Zealand | 99.5 | N/A | 6.8 | 98.6 | -0.3% |
| China | 1,957 | N/A | N/A | 66.7 | -67.6% |
| Germany | 369 | 296 | 27.6 | 34.9 | -54.4% |
| Saudi Arabia | N/A | 141 | N/A | 28.8 | -54.8% |
| Canada | N/A | N/A | 1.1 | 26.0 | 2263.6% |
| Sweden | 2.9 | N/A | N/A | 17.1 | 80.7% |
| Netherlands | 30.9 | N/A | 55.0 | 13.8 | -23.6% |
| Turkey | N/A | N/A | N/A | 12.5 | 0% |
| Papua New Guinea | 76.6 | 11.3 | 1.6 | 6.3 | -56.5% |
| Indonesia | 2.6 | 226 | 1.7 | 2.2 | -5.4% |
| Others | 124 | 122 | 99.2 | 62.7 | -20.3% |
| Total | 2,918 | 811 | 392 | 935 | -31.6% |
Top Export Markets for Test Bench from Australia in 2022:
- United Kingdom (38.0 units)
- Japan (20.0 units)
- United States (20.0 units)
- New Zealand (14.0 units)
- China (9.0 units)
- Germany (5.0 units)
- Canada (4.0 units)
- Saudi Arabia (4.0 units)
- Turkey (2.0 units)
- Netherlands (2.0 units)
- Sweden (2.0 units)
- Papua New Guinea (1.0 units)
This report provides an in-depth analysis of the test bench market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26516620 - Test benches
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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