Australia and Oceania: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in Australia and Oceania

The special vehicle body market in Australia and Oceania expanded to $X in 2022, rising by X% against the previous year. In general, consumption continues to indicate a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Special Vehicle Body Production in Australia and Oceania

In value terms, special vehicle body production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Special Vehicle Body Exports

Exports in Australia and Oceania

In 2022, exports of bodies for special purpose motor vehicles in Australia and Oceania reduced sharply to X units, which is down by X% against the previous year's figure. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, special vehicle body exports reached $X in 2022. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units) represented roughly X% of total exports in 2022.

Australia was also the fastest-growing in terms of the bodies for special purpose motor vehicles exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest special vehicle body supplier in Australia and Oceania.

In Australia, special vehicle body exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat 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.

Special Vehicle Body Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of bodies for special purpose motor vehicles increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, special vehicle body imports skyrocketed to $X in 2022. Overall, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Australia prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), comprising a X% share of total imports. New Caledonia (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to special vehicle body imports into Australia stood at X%. At the same time, New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. New Zealand (X p.p.) and New Caledonia (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

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

In Australia, special vehicle body imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

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 Australia ($X per unit), while New Caledonia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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