Australia's automotive parts imports surge, reflecting market growth

Parts imports hit $4.05 billion (USD 2.53 billion) between 2023-2024, with mainland China becoming the top supplier, amid a 50% market increase from 2013-2014

Australia's automotive aftermarket has experienced substantial growth, with parts imports surging to $4.05 billion (USD 2.53 billion) in 2023-2024, marking a 50% increase from $2.70 billion (USD 1.69 billion) in 2013-2014. This growth, primarily occurring post 2019-2020 period, reflects a significant development given the market's previous static state.