Australia - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Australia - 2023
Contents:
- Lift and Hoist Price in Australia (CIF) - 2023
- Lift and Hoist Price in Australia (FOB) - 2022
- Lift and Hoist Imports in Australia
- Lift and Hoist Exports in Australia
Lift and Hoist Price in Australia (CIF) - 2023
The average lift and hoist import price stood at $17,101 per unit in August 2023, waning by -13.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in October 2022 an increase of 39% m-o-m. As a result, import price attained the peak level of $20,508 per unit; afterwards, it flattened through to August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($106K per unit), while the price for the United States ($1,119 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Lift and Hoist Price in Australia (FOB) - 2022
In 2022, the average lift and hoist export price amounted to $5,257 per unit, growing by 72% against the previous year. Overall, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($11,164 per unit), while the average price for exports to the United States ($577 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lift and Hoist Imports in Australia
Lift and hoist imports into Australia soared to 14K units in 2022, growing by 16% compared with 2021 figures. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, lift and hoist imports soared to $222M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lift and Hoist in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.1 | 85.4 | 107 | 131 | 11.7% |
| Italy | 27.9 | 28.2 | 30.0 | 33.3 | 6.1% |
| Spain | 15.6 | 10.7 | 13.3 | 14.1 | -3.3% |
| Sweden | 7.8 | 5.6 | 5.3 | 8.5 | 2.9% |
| Germany | 5.6 | 3.6 | 9.1 | 6.0 | 2.3% |
| United Kingdom | 1.9 | 3.3 | 4.0 | 4.5 | 33.3% |
| Greece | 9.9 | 7.1 | 7.1 | 3.7 | -28.0% |
| United States | 1.8 | 1.1 | 1.9 | 2.9 | 17.2% |
| South Korea | 1.1 | 0.8 | 0.7 | 0.8 | -10.1% |
| Others | 14.3 | 27.7 | 11.8 | 16.4 | 4.7% |
| Total | 180 | 173 | 190 | 222 | 7.2% |
Top Suppliers of Lift and Hoist to Australia in 2022:
- China (6.6K units)
- Italy (2.8K units)
- Germany (0.8K units)
- Spain (0.8K units)
- United States (0.7K units)
- Sweden (0.7K units)
- United Kingdom (0.5K units)
- South Korea (0.2K units)
- Greece (0.1K units)
Lift and Hoist Exports in Australia
For the third consecutive year, Australia recorded decline in overseas shipments of lifts and hoists, which decreased by -1.4% to 1.3K units in 2022. Over the period under review, exports showed a precipitous decrease. The exports peaked at 4.4K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lift and hoist exports skyrocketed to $6.6M in 2022. Overall, exports continue to indicate a noticeable downturn. Over the period under review, the exports attained the peak figure at $7.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lift and Hoist in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.0 | 77.8 | 21.1 | 1,570 | 183.4% |
| New Zealand | 4,538 | 2,268 | 1,885 | 1,302 | -34.0% |
| Brazil | N/A | N/A | N/A | 1,255 | 0% |
| Papua New Guinea | 600 | 69.4 | 113 | 781 | 9.2% |
| Taiwan (Chinese) | 136 | 321 | 287 | 274 | 26.3% |
| United States | 251 | 272 | 102 | 139 | -17.9% |
| South Korea | 27.3 | 462 | N/A | 127 | 66.9% |
| Ghana | 11.0 | N/A | N/A | 53.4 | 69.3% |
| Singapore | 467 | 324 | 234 | 31.9 | -59.1% |
| Germany | 329 | 5.3 | 49.6 | 23.2 | -58.7% |
| Belgium | 269 | 421 | N/A | N/A | 56.5% |
| Vietnam | 115 | 171 | 61.5 | N/A | -26.9% |
| Japan | N/A | 23.9 | 33.1 | N/A | 38.5% |
| Others | 668 | 748 | 1,108 | 1,052 | 16.3% |
| Total | 7,479 | 5,164 | 3,894 | 6,608 | -4.0% |
Top Export Markets for Lift and Hoist from Australia in 2022:
- Brazil (282.0 units)
- New Zealand (241.0 units)
- United States (240.0 units)
- China (162.0 units)
- Papua New Guinea (70.0 units)
- Ghana (50.0 units)
- Taiwan (Chinese) (31.0 units)
- South Korea (29.0 units)
- Germany (10.0 units)
- Singapore (5.0 units)
This report provides an in-depth analysis of the lift and hoist 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.
Product coverage:
- Prodcom 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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