Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,936 per unit in 2022, increasing by 5% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure at $2,208 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,392 per unit), while the price for India ($405 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $292 per unit in 2022, reducing by -24% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 1,009%. Over the period under review, the average export prices reached the maximum at $1,375 per unit in 2017; however, from 2018 to 2022, 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 the United States ($786 per unit), while the average price for exports to Taiwan (Chinese) ($189 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia

In 2022, approx. 3.1K units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were imported into Australia; growing by 53% on the year before. Over the period under review, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $5.9M in 2022. Overall, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Australia in 2022:

1. China (2407.0 units)
2. India (274.0 units)
3. Italy (227.0 units)
4. United States (60.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Australia

In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses exported from Australia soared to 447 units, rising by 831% on the previous year. Overall, exports, however, recorded a dramatic curtailment. Over the period under review, the exports of hit record highs at 2.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $130K in 2022. Over the period under review, exports, however, saw a abrupt slump. The exports peaked at $253K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Australia in 2022:

1. Taiwan (Chinese) (287.0 units)
2. New Zealand (101.0 units)
3. United States (24.0 units)
4. Philippines (11.0 units)
5. Papua New Guinea (11.0 units)
6. Christmas Island (11.0 units)

Source: IndexBox Market Intelligence Platform