Australia and Oceania: Invalid Carriage Market 2024

Invalid Carriage Market Size in Australia and Oceania

The invalid carriage market in Australia and Oceania expanded modestly to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Invalid Carriage Production in Australia and Oceania

In value terms, invalid carriage production expanded significantly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced decrease. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Invalid Carriage Exports

Exports in Australia and Oceania

In 2022, invalid carriage exports in Australia and Oceania shrank to X units, which is down by X% compared with the previous year's figure. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then fell in the following year.

In value terms, invalid carriage exports fell sharply to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

In 2022, Australia (X units) was the main exporter of invalid carriages not mechanically propelled, creating X% of total exports. It was distantly followed by New Zealand (X units), making up a X% share of total exports.

Australia was also the fastest-growing in terms of the invalid carriages not mechanically propelled exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2022.

New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Invalid Carriage Imports

Imports in Australia and Oceania

In 2022, overseas purchases of invalid carriages not mechanically propelled increased by X% to X units, rising for the second consecutive year after two years of decline. The total import volume 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 pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, invalid carriage imports rose sharply to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Australia represented the major importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by New Zealand (X units), committing a X% share of total imports. The following importers - French Polynesia (X units) and Papua New Guinea (X units) - each finished at a X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Papua New Guinea (X%), French Polynesia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported invalid carriages not mechanically propelled in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by French Polynesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and French Polynesia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, growing by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price 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, invalid carriage import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, 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 Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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