Australia and Oceania: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in Australia and Oceania

After two years of growth, the market for insulated electric conductors for a voltage over X v in Australia and Oceania decreased by X% to $X in 2023. In general, consumption, however, showed resilient growth. Over the period under review, the market attained the peak level at $X in 2022, and then contracted in the following year.

Production of Insulated electric conductors for a voltage over X V in Australia and Oceania

In value terms, production of insulated electric conductors for a voltage over X v shrank modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports in Australia and Oceania

After four years of decline, overseas shipments of insulated electric conductors for a voltage over X v increased by X% to X tons in 2023. Overall, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of insulated electric conductors for a voltage over X v soared to $X in 2023. In general, exports, however, showed a deep setback. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Australia (X tons) represented the key exporter of insulated electric conductors for a voltage over X v, creating X% of total exports. It was distantly followed by New Zealand (X tons), generating a X% share of total exports.

Australia was also the fastest-growing in terms of the insulated electric conductors for a voltage over X v exports, with a CAGR of X% from 2012 to 2023. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest insulated electric conductors for a voltage over X v supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Australia stood at X%.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2023 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

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

Imports of Insulated electric conductors for a voltage over 1000 V

Imports in Australia and Oceania

In 2023, purchases abroad of insulated electric conductors for a voltage over X v decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, imports of insulated electric conductors for a voltage over X v fell to $X in 2023. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2022, and then declined in the following year.

Imports by Country

Australia dominates v structure, finishing at X tons, which was approx. X% of total imports in 2023. It was distantly followed by New Zealand (X tons), constituting a X% share of total imports. Fiji (X tons) took a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to insulated electric conductors for a voltage over X v imports into Australia stood at X%. At the same time, Fiji (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Australia and Fiji increased by X and X percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported insulated electric conductors for a voltage over X v in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, imports of insulated electric conductors for a voltage over X v expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked in 2023 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was 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