Price for Baby Carriages and Parts Thereof in Australia - 2023

Contents:

1. Price for Baby Carriages and Parts Thereof in Australia (CIF) - 2022
2. Price for Baby Carriages and Parts Thereof in Australia (FOB) - 2022
3. Imports of Baby Carriages and Parts Thereof in Australia
4. Exports of Baby Carriages and Parts Thereof in Australia

Price for Baby Carriages and Parts Thereof in Australia (CIF) - 2022

In 2022, the average import price for baby carriages and parts thereoves amounted to $91 per unit, with an increase of 3% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby carriages and parts thereof import price increased by +6.2% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 20%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.4% per year.

Price for Baby Carriages and Parts Thereof in Australia (FOB) - 2022

In 2022, the average export price for baby carriages and parts thereoves amounted to $114 per unit, picking up by 31% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by 49% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($114 per unit) and New Zealand ($114 per unit), while the average price for exports to Singapore ($114 per unit) and South Korea ($114 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Baby Carriages and Parts Thereof in Australia

For the fourth year in a row, Australia recorded growth in supplies from abroad of baby carriages and parts thereoves, which increased by 6.9% to 679K units in 2022. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 9.7%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, baby carriages and parts thereof imports rose significantly to $62M in 2022. The total import value increased at an average annual rate of +11.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Baby Carriages and Parts Thereof to Australia in 2022:

1. China (662.2K units)

Exports of Baby Carriages and Parts Thereof in Australia

In 2022, approx. 12K units of baby carriages and parts thereoves were exported from Australia; with a decrease of -29.5% compared with 2021 figures. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 61%. As a result, the exports reached the peak of 17K units, and then fell dramatically in the following year.

In value terms, baby carriages and parts thereof exports fell to $1.4M in 2022. In general, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports attained the peak figure at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Baby Carriages and Parts Thereof from Australia in 2022:

1. New Zealand (8.6K units)
2. Singapore (1.4K units)
3. South Africa (1.2K units)
4. South Korea (0.3K units)

Source: IndexBox Market Intelligence Platform