Australia and Oceania: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Australia and Oceania

The market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in Australia and Oceania soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a pronounced increase. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in Australia and Oceania

In value terms, production of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process skyrocketed to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports in Australia and Oceania

In 2022, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a relatively flat trend pattern. 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 of hit record highs at X units in 2021, and then contracted in the following year.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process contracted to $X in 2022. In general, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process, namely Australia, represented more than two-thirds of total export.

Australia experienced a relatively flat trend pattern with regard to volume of exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest machinery for material treatment by heating or cooling process supplier in Australia and Oceania.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, leveling off at the previous year. In general, the export price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports in Australia and Oceania

In 2022, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in Australia and Oceania soared to X units, picking up by X% compared with 2021. Overall, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process totaled $X in 2022. Over the period under review, imports, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Australia dominates process structure, resulting at X units, which was approx. X% of total imports in 2022. New Zealand (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (X%).

Australia was also the fastest-growing in terms of the cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process imports, with a CAGR of X% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. Papua New Guinea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) constitutes the largest market for imported cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, dropping by X% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :