Australia and Oceania: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Australia and Oceania

The market for buckets, shovels, grabs and grips for ships derricks and cranes in Australia and Oceania skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption recorded a prominent expansion. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Australia and Oceania

In value terms, ship derrick buckets and shovels production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports in Australia and Oceania

In 2022, approx. X units of buckets, shovels, grabs and grips for ships derricks and cranes were exported in Australia and Oceania; which is down by X% against 2021. Overall, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, ship derrick buckets and shovels exports declined to $X in 2022. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the largest exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by New Zealand (X units), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ship derrick buckets and shovels exports from Australia stood at X%. New Zealand (X%) illustrated a downward trend over the same period. 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, Australia ($X) remains the largest ship derrick buckets and shovels supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced downturn. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

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

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports in Australia and Oceania

In 2022, overseas purchases of buckets, shovels, grabs and grips for ships derricks and cranes increased by X% to X units, rising for the fourth consecutive year after three years of decline. Total imports indicated pronounced growth 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 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, ship derrick buckets and shovels imports soared to $X in 2022. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

In 2022, Australia (X units) represented the key importer of buckets, shovels, grabs and grips for ships derricks and cranes, committing X% of total imports. It was distantly followed by New Zealand (X units), mixing up a X% share of total imports. The following importers - Papua New Guinea (X units) and New Caledonia (X units) - each accounted for an 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%), Papua New Guinea (X%) and New Caledonia (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. New Zealand (X p.p.) and Papua New Guinea (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported buckets, shovels, grabs and grips for ships derricks and cranes in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, ship derrick buckets and shovels imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, leveling off at the previous year. Import price indicated noticeable 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, ship derrick buckets and shovels import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Australia ($X per unit) and New Zealand ($X per unit), while New Caledonia ($X per unit) and Papua New Guinea ($X per unit) were 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 mixed trends in the import price figures.

Source: IndexBox Platform

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