Australia and Oceania: Measuring Rod Market 2020

Measuring Rod Market Size in Australia and Oceania

The revenue of the measuring rod market in Australia and Oceania amounted to $X in 2017, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The measuring rod consumption continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. Over the period under review, the measuring rod market reached its maximum level in 2017, and is likely to continue its growth in the near future.

Measuring Rod Exports in Australia and Oceania

In 2017, the amount of measuring rods and tapes and divided scales exported in Australia and Oceania totaled X units, dropping by -X% against the previous year. The measuring rod exports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. In that year, the measuring rod exports reached their peak volume of X units. From 2011 to 2017, growth of the measuring rod exports stood at a somewhat lower level.

In value terms, measuring rod exports amounted to $X in 2017. The measuring rod exports continue to indicate a drastic slump. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Measuring Rod Exports by Country in Australia and Oceania

New Zealand dominates measuring rod exports structure, resulting at X units, which was near X% of total exports in 2017. Australia (X units) occupied the weak share of total exports.

New Zealand was also the fastest growing in terms of the measuring rods and tapes and divided scales exports, with a CAGR of -X% from 2007 to 2017. Australia (-X%) illustrated a downward trend over the same period. New Zealand (X%) and Australia (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest measuring rod supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Australia totaled -X%.

Measuring Rod Export Prices by Country in Australia and Oceania

In 2017, the measuring rod export price in Australia and Oceania amounted to $X per thousand units, picking up by X% against the previous year. The measuring rod export price continues to indicate a strong expansion. The growth pace was the most rapid in 2011, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is likely to continue its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Australia ($X per unit), while New Zealand ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by New Zealand (+X% per year).

Measuring Rod Imports in Australia and Oceania

The imports amounted to X units in 2017, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2012, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, measuring rod imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Measuring Rod Imports by Country in Australia and Oceania

Australia was the key importer of measuring rods and tapes and divided scales in Australia and Oceania, with the volume of imports recording X units, which was near X% of total imports in 2017. It was distantly followed by New Zealand (X units), generating X% share of total imports. The following importers - New Caledonia (X units), Papua New Guinea (X units) and Fiji (X units) together made up X% of total imports.

Australia experienced a relatively flat trend pattern of measuring rods and tapes and divided scales imports. At the same time, Papua New Guinea (+X%), Fiji (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, New Caledonia (-X%) illustrated a downward trend over the same period. Australia (X%) significantly strengthened its position in terms of the global imports, while Papua New Guinea and New Zealand saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported measuring rods and tapes and divided scales in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

In Australia, measuring rod imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Measuring Rod Import Prices by Country in Australia and Oceania

The measuring rod import price in Australia and Oceania stood at $X per thousand units in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The level of import price peaked of $X per thousand units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Australia ($X per thousand units), while New Caledonia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Caledonia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform