Australia and Oceania: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in Australia and Oceania

The transportation vehicle body market in Australia and Oceania declined to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a prominent expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Transportation Vehicle Body Production in Australia and Oceania

In value terms, transportation vehicle body production reduced modestly to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Transportation Vehicle Body Exports

Exports in Australia and Oceania

In 2022, shipments abroad of bodies for motor vehicles for the transporting people was finally on the rise to reach X units after three years of decline. Overall, exports, however, recorded a deep setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, transportation vehicle body exports surged to $X in 2022. Over the period under review, exports, however, recorded a perceptible decrease. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Australia (X units) was the main exporter of bodies for motor vehicles for the transporting people, creating X% of total exports. It was distantly followed by New Zealand (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to transportation vehicle body exports from Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest transportation vehicle body supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in New Zealand stood at 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. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Transportation Vehicle Body Imports

Imports in Australia and Oceania

In 2022, the amount of bodies for motor vehicles for the transporting people imported in Australia and Oceania reached X units, leveling off at the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, transportation vehicle body imports rose to $X in 2022. In general, imports showed a temperate expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Australia represented the major importing country with an import of around X units, which finished at X% of total imports. New Zealand (X units) took the second position in the ranking, distantly followed by Solomon Islands (X units) and New Caledonia (X units). All these countries together took approx. X% share of total imports. Samoa (X units) and Papua New Guinea (X units) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Samoa (X%), Solomon Islands (X%), New Zealand (X%), New Caledonia (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand, Solomon Islands, New Caledonia and Samoa increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported bodies for motor vehicles for the transporting people in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, with an increase of X% against the previous year. Import price indicated modest growth 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. Based on 2022 figures, transportation vehicle body import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while Solomon Islands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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