Rafts; Inflatable Price in Australia - 2023

Contents:

  1. Rafts; Inflatable Price in Australia (CIF) - 2022
  2. Rafts; Inflatable Price in Australia (FOB) - 2022
  3. Rafts; Inflatable Imports in Australia
  4. Rafts; Inflatable Exports in Australia

Rafts; Inflatable Price in Australia (CIF) - 2022

In 2022, the average rafts; inflatable import price amounted to $2,061 per unit, falling by -5.3% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rafts; inflatable import price increased by +84.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 63% against the previous year. The import price peaked at $2,177 per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,790 per unit), while the price for China ($839 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Price in Australia (FOB) - 2022

The average rafts; inflatable export price stood at $3,135 per unit in 2022, falling by -37.1% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 81%. The export price peaked at $16,339 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($16,850 per unit), while the average price for exports to Qatar ($614 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 Micronesia (+2,586.4%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Imports in Australia

In 2022, rafts; inflatable imports into Australia rose rapidly to 4K units, picking up by 12% against 2021. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable imports rose markedly to $8.3M in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Rafts; Inflatable in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,5981,1191,8702,78220.3%
United States8118412,8551,78430.1%
Italy1,5271,3741,1881,5751.0%
China6075731,02490214.1%
Thailand708328525591-5.8%
France35119768.4296-5.5%
Taiwan (Chinese)N/A58.9N/A97.928.9%
IrelandN/A1,5121.81.1-97.3%
Others354319264245-11.5%
Total5,9556,3237,7968,27411.6%

Top Suppliers of Rafts; Inflatable to Australia in 2022:

  1. United Kingdom (1110.0 units)
  2. China (1075.0 units)
  3. United States (687.0 units)
  4. Thailand (620.0 units)
  5. Italy (272.0 units)
  6. France (87.0 units)
  7. Taiwan (Chinese) (77.0 units)
  8. Ireland (1.0 units)

Rafts; Inflatable Exports in Australia

In 2022, overseas shipments of rafts; inflatables were finally on the rise to reach 2.9K units after two years of decline. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports soared to $9.2M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rafts; Inflatable in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8541,2965901,78627.9%
Philippines875N/AN/A1,36115.9%
Malaysia3005988901,31163.5%
New Zealand51.459.862.2494112.6%
Singapore91.217115249175.3%
Qatar2.68.1119198323.9%
Papua New Guinea56.022.560.799.421.1%
MicronesiaN/A35.141.7N/A18.8%
Turkey295188N/AN/A-36.3%
Others4,0563,7442,7793,429-5.4%
Total6,5816,1244,6939,17111.7%

Top Export Markets for Rafts; Inflatable from Australia in 2022:

  1. Philippines (1201.0 units)
  2. Malaysia (498.0 units)
  3. Qatar (323.0 units)
  4. New Zealand (261.0 units)
  5. Singapore (184.0 units)
  6. United States (106.0 units)
  7. Papua New Guinea (55.0 units)

Source: IndexBox Market Intelligence Platform

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