Australia - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Australia - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Ride-On Compaction Equipment Price in Australia - 2023

Contents:

  1. Ride-On Compaction Equipment Price in Australia (CIF) - 2022
  2. Ride-On Compaction Equipment Price in Australia (FOB) - 2022
  3. Ride-On Compaction Equipment Imports in Australia
  4. Ride-On Compaction Equipment Exports in Australia

Ride-On Compaction Equipment Price in Australia (CIF) - 2022

In 2022, the average ride-on compaction equipment import price amounted to $66,213 per unit, increasing by 7.8% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $84,076 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($88,839 per unit), while the price for Bulgaria ($6,431 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ride-On Compaction Equipment Price in Australia (FOB) - 2022

In 2022, the average ride-on compaction equipment export price amounted to $32,600 per unit, picking up by 56% against the previous year. Over the period under review, the export price showed a notable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 129%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($56,687 per unit), while the average price for exports to Indonesia ($4,474 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 Guyana (+1,350.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ride-On Compaction Equipment Imports in Australia

Ride-on compaction equipment imports into Australia skyrocketed to 2.7K units in 2022, growing by 42% compared with the previous year. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, ride-on compaction equipment imports skyrocketed to $180M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ride-On Compaction Equipment in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.622.938.988.3223.8%
Germany1.119.738.044.2242.5%
United States12.35.58.512.2-0.3%
Sweden1.813.811.39.574.1%
Brazil2.03.96.19.266.3%
Czech Republic5.03.82.26.710.2%
Italy1.92.52.33.623.7%
India0.62.32.61.432.6%
BulgariaN/A0.41.10.732.3%
Others72.03.67.04.3-60.9%
Total99.478.511818021.9%

Top Suppliers of Ride-On Compaction Equipment to Australia in 2022:

  1. China (1210.0 units)
  2. Germany (643.0 units)
  3. United States (165.0 units)
  4. Sweden (150.0 units)
  5. Czech Republic (121.0 units)
  6. Italy (114.0 units)
  7. Bulgaria (113.0 units)
  8. Brazil (104.0 units)
  9. India (41.0 units)

Ride-On Compaction Equipment Exports in Australia

In 2022, overseas shipments of ride-on compaction equipment decreased by -46.8% to 216 units, falling for the second year in a row after two years of growth. In general, exports showed a significant decrease. The growth pace was the most rapid in 2020 when exports increased by 45%. As a result, the exports attained the peak of 860 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ride-on compaction equipment exports reduced remarkably to $7M in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 7.9%. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ride-On Compaction Equipment in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,2522,3881,9743,42839.9%
New Zealand5,3221,5982,362581-52.2%
United States1,24688.250.0510-25.8%
United Kingdom510366841497-0.9%
GuyanaN/A45.0N/A67.122.1%
Egypt52.26371,21352.60.3%
Thailand52777981943.7-56.4%
Netherlands97752118536.0-66.7%
Indonesia95.9N/A14.131.3-31.1%
Dominican RepublicN/A12.6N/AN/A0%
ColombiaN/A118N/AN/A0%
PhilippinesN/A377133N/A-64.7%
IraqN/A19.3N/AN/A0%
Others1,7219028831,7951.4%
Total11,7027,8518,4757,042-15.6%

Top Export Markets for Ride-On Compaction Equipment from Australia in 2022:

  1. Vietnam (114.0 units)
  2. New Zealand (39.0 units)
  3. United Kingdom (21.0 units)
  4. United States (9.0 units)
  5. Indonesia (7.0 units)
  6. Netherlands (4.0 units)
  7. Egypt (4.0 units)
  8. Thailand (3.0 units)
  9. Guyana (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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