Dredgers Price in Australia - 2023

Contents:

1. Dredgers Price in Australia (CIF) - 2022
2. Dredgers Price in Australia (FOB) - 2023
3. Dredgers Imports in Australia
4. Dredgers Exports in Australia

Dredgers Price in Australia (CIF) - 2022

In 2022, the average dredgers import price amounted to $208,218 per unit, with an increase of 5.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 4,276% against the previous year. As a result, import price attained the peak level of $1,940,458 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($749,166 per unit), while the price for New Zealand ($14,620 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced a decline.

Dredgers Price in Australia (FOB) - 2023

The average dredgers export price stood at $117K per unit in June 2023, stabilizing at the previous month. In general, the export price enjoyed strong growth. Over the period under review, the average export prices hit record highs in June 2023.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From November 2022 to June 2023, the rate of growth in terms of prices for Singapore amounted to +12.2% per month.

Dredgers Imports in Australia

In 2022, supplies from abroad of dredgerses decreased by -54.5% to 5 units, falling for the second consecutive year after two years of growth. In general, imports showed a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of 28 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dredgers imports dropped sharply to $1M in 2022. Over the period under review, imports faced a significant decline. The smallest decline of -50.9% was in 2021. Over the period under review, imports hit record highs at $24M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Dredgers to Australia in 2022:

1. United States (3.0 units)
2. New Zealand (1.0 units)
3. Netherlands (1.0 units)

Dredgers Exports in Australia

In 2022, exports of dredgerses from Australia contracted markedly to 7 units, falling by -22.2% on the year before. Overall, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. The exports peaked at 57 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, dredgers exports fell rapidly to $372K in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 393% against the previous year. The exports peaked at $11M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Dredgers from Australia in 2022:

1. Singapore (5.0 units)
2. Malaysia (1.0 units)
3. New Zealand (1.0 units)

Source: IndexBox Market Intelligence Platform