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Mar 15, 2025

Australia's Resistor Market to Witness Upward Consumption Trend, Expected to Reach 47M Units and $5.1B by 2035 - News and Statistics - IndexBox

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform. IndexBox has just published a new report: Australia - Electrical Resistors (Except Heating

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IndexBox has just published a new report: Australia - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights.

The market for resistors in Australia is expected to see an increase in consumption over the next decade driven by rising demand. The forecasted CAGR of +2.2% in volume and +2.3% in value terms from 2024 to 2035 is projected to bring the market volume to 47M units and market value to $5.1B by the end of 2035.

Driven by rising demand for resistor in Australia, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +2.2% for the period from 2024 to 2035, which is projected to bring the market volume to 47M units by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.3% for the period from 2024 to 2035, which is projected to bring the market value to $5.1B (in nominal wholesale prices) by the end of 2035.

In 2024, consumption of electrical resistors (except heating resistors) in Australia expanded to 37M units, with an increase of 1.5% compared with 2023. Overall, consumption, however, showed a abrupt downturn. Resistor consumption peaked at 96M units in 2013; however, from 2014 to 2024, consumption failed to regain momentum.

The value of the resistor market in Australia rose to $3.9B in 2024, surging by 1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a abrupt decrease. Resistor consumption peaked at $10.5B in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.

In 2024, resistor production in Australia reached 37M units, growing by 1.8% compared with the previous year's figure. In general, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 34%. Resistor production peaked at 96M units in 2013; however, from 2014 to 2024, production failed to regain momentum.

In value terms, resistor production expanded slightly to $4B in 2024 estimated in export price. Overall, production, however, showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. Over the period under review, production reached the maximum level at $10.7B in 2013; however, from 2014 to 2024, production stood at a somewhat lower figure.

Resistor imports into Australia shrank markedly to 6.9K units in 2024, which is down by -89.7% against 2023. Over the period under review, imports saw a significant decrease. The pace of growth appeared the most rapid in 2023 when imports increased by 575% against the previous year. Imports peaked at 683K units in 2014; however, from 2015 to 2024, imports failed to regain momentum.

In value terms, resistor imports surged to $34M in 2024. Overall, total imports indicated a pronounced expansion from 2013 to 2024: its value increased at an average annual rate of +4.0% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports increased by +65.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2024 and are expected to retain growth in years to come.

The United States (16K units), China (13K units) and the UK (4.8K units) were the main suppliers of resistor imports to Australia, together accounting for 50% of total imports. Germany, Japan, Mexico, Taiwan (Chinese), India, France, Italy and Hong Kong SAR lagged somewhat behind, together comprising a further 32%.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +2.9%), while imports for the other leaders experienced a decline.

In value terms, the United States ($9.4M), China ($5M) and Germany ($1.7M) constituted the largest resistor suppliers to Australia, together comprising 57% of total imports. Japan, Taiwan (Chinese), the UK, France, Mexico, India, Italy and Hong Kong SAR lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, France, with a CAGR of +13.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

The average resistor import price stood at $417 per unit in 2023, declining by -87.2% against the previous year. Overall, the import price, however, showed significant growth. The pace of growth was the most pronounced in 2022 an increase of 959% against the previous year. As a result, import price attained the peak level of $3.3 thousand per unit, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($603 per unit), while the price for India ($237 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+43.3%), while the prices for the other major suppliers experienced more modest paces of growth.

In 2024, approx. 66K units of electrical resistors (except heating resistors) were exported from Australia; rising by 108% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 723% against the previous year. The exports peaked in 2024 and are expected to retain growth in the immediate term.

In value terms, resistor exports skyrocketed to $7.8M in 2024. Overall, exports continue to indicate a strong increase. The growth pace was the most rapid in 2019 with an increase of 135% against the previous year. The exports peaked in 2024 and are likely to see gradual growth in the near future.

New Zealand (11K units), Thailand (6.2K units) and South Korea (3.5K units) were the main destinations of resistor exports from Australia, together accounting for 64% of total exports.

From 2013 to 2023, the biggest increases were recorded for Thailand (with a CAGR of +66.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($1.2M) remains the key foreign market for electrical resistors (except heating resistors) exports from Australia, comprising 37% of total exports. The second position in the ranking was held by South Korea ($482K), with a 14% share of total exports. It was followed by Thailand, with a 12% share.

From 2013 to 2023, the average annual growth rate of value to New Zealand stood at +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+47.4% per year) and Thailand (+77.0% per year).

The average resistor export price stood at $105 per unit in 2023, shrinking by -23.8% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices hit record highs at $237 per unit in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($178 per unit), while the average price for exports to Kenya ($864 per thousand units) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the resistor market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and Its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Exports

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles