Australia and Oceania: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in Australia and Oceania

The construction equipment blade market in Australia and Oceania skyrocketed to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Construction Equipment Blade Production in Australia and Oceania

In value terms, construction equipment blade production soared to $X in 2022 estimated in export price. In general, production saw a dramatic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X,991% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Construction Equipment Blade Exports

Exports in Australia and Oceania

In 2022, exports of blades for construction equipment in Australia and Oceania surged to X units, jumping by X% against 2021 figures. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, construction equipment blade exports surged to $X in 2022. Over the period under review, exports, however, saw a pronounced reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Australia (X units), together recording X% of total export.

Australia was also the fastest-growing in terms of the blades for construction equipment exports, with a CAGR of X% from 2012 to 2022. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest construction equipment blade supplier in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Construction Equipment Blade Imports

Imports in Australia and Oceania

Construction equipment blade imports soared to X units in 2022, increasing by X% on the previous year. Total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, construction equipment blade imports surged to $X in 2022. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Australia dominates imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Papua New Guinea (X units) and New Zealand (X units), together achieving a X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Papua New Guinea (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported blades for construction equipment in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total imports.

In Australia, construction equipment blade imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, shrinking by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of X%. The level of import peaked at $X per unit in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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