Australia and Oceania: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2024

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in Australia and Oceania

The electrical board and console market in Australia and Oceania rose markedly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a perceptible decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in Australia and Oceania

In value terms, electrical board and console production contracted markedly to $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports in Australia and Oceania

Electrical board and console exports surged to X units in 2023, growing by X% on 2022. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, electrical board and console exports soared to $X in 2023. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v, namely Australia and New Zealand, represented more than two-thirds of total export.

From 2012 to 2023, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2023.

In terms of the main exporting countries, Australia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports in Australia and Oceania

In 2023, approx. X units of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v were imported in Australia and Oceania; picking up by X% on the previous year's figure. In general, imports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, electrical board and console imports soared to $X in 2023. Overall, imports, however, saw a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

Australia represented the key importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by New Zealand (X units), comprising a X% share of total imports. The following importers - Papua New Guinea (X units) and New Caledonia (X units) - each reached a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. New Caledonia experienced a relatively flat trend pattern. By contrast, Papua New Guinea (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Australia and Papua New Guinea saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Australia totaled 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

The import price in Australia and Oceania stood at $X per unit in 2023, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2022 to 2023, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in New Zealand ($X per unit) and Australia ($X per unit), while New Caledonia ($X per unit) and Papua New Guinea ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform