The market is dominated by foreign suppliers, as imports account for 80.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 50.4% of total demand in 2022. Australia has the 11th largest market size for pumps, compressors, taps and valves across the top 20 developed countries, with demand reaching USD4.5 billion in 2022. Crevet Ltd is the largest company in Australia, generating 18.3% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 68.7% of total production value in 2022. The total number of companies increases in 2022, to 739 units. The costs of the industry increase by 12.4% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 22.0% of production value in 2022, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 32.4% of total production output. With production value of USD1.3 billion, Australia accounts for 80.0% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Pumps, Compressors, Taps and Valves in Australia: ISIC 2912. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pumps, Compressors, Taps and Valves in Australia: ISIC 2912 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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