Australia: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Australia

In 2023, the Australian multi-station transfer machine market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2022, and then fell modestly in the following year.

Multi-Station Transfer Machine Production in Australia

In value terms, multi-station transfer machine production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Multi-Station Transfer Machine Exports

Exports from Australia

In 2023, after three years of decline, there was significant growth in overseas shipments of multi-station transfer machines for working metal, when their volume increased by X% to X units. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, multi-station transfer machine exports soared to $X in 2023. Overall, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Lao People's Democratic Republic (X units), Indonesia (X units) and Taiwan (Chinese) (X units) were the main destinations of multi-station transfer machine exports from Australia, with a combined X% share of total exports. New Zealand, the United States, Papua New Guinea and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Lao People's Democratic Republic ($X) and Taiwan (Chinese) ($X) constituted the largest markets for multi-station transfer machine exported from Australia worldwide, together accounting for X% of total exports.

Among the main countries of destination, New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average multi-station transfer machine export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price recorded a significant decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Australia

In 2023, purchases abroad of multi-station transfer machines for working metal increased by X% to X units for the first time since 2020, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, multi-station transfer machine imports skyrocketed to $X in 2023. Over the period under review, imports saw moderate growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Germany (X units) constituted the largest supplier of multi-station transfer machine to Australia, accounting for a X% share of total imports. Moreover, multi-station transfer machine imports from Germany exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fivefold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and the United States (X% per year).

In value terms, Germany ($X), Italy ($X) and Belgium ($X) constituted the largest multi-station transfer machine suppliers to Australia, with a combined X% share of total imports. The United States, China and Vietnam lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average multi-station transfer machine import price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform