Australia and Oceania: Concrete-Mixer Lorry Market 2024

Concrete-Mixer Lorry Market Size in Australia and Oceania

The concrete-mixer lorry market in Australia and Oceania soared to $X in 2022, growing by X% against the previous year. Overall, consumption showed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Concrete-Mixer Lorry Production in Australia and Oceania

In value terms, concrete-mixer lorry production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by X,600% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Concrete-Mixer Lorry Exports

Exports in Australia and Oceania

In 2022, shipments abroad of concrete-mixer lorries was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, concrete-mixer lorry exports skyrocketed to $X in 2022. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, recording X units, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X units), mixing up a X% share of total exports.

Australia was also the fastest-growing in terms of the concrete-mixer lorries exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) remains the largest concrete-mixer lorry supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat 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 New Zealand (X%).

Concrete-Mixer Lorry Imports

Imports in Australia and Oceania

In 2022, concrete-mixer lorry imports in Australia and Oceania expanded significantly to X units, surging by X% compared with 2021 figures. Total imports indicated a prominent increase 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 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, concrete-mixer lorry imports soared to $X in 2022. Over the period under review, imports, however, saw a slight decline. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X units) represented the main importer of concrete-mixer lorries, creating X% of total imports. New Zealand (X units) ranks second in terms of the total imports with a X% share, followed by Papua New Guinea (X%) and Solomon Islands (X%). The following importers - Fiji (X units), New Caledonia (X units), Vanuatu (X units), Cook Islands (X units), Samoa (X units), Kiribati (X units), Micronesia (X units), Tonga (X units) and Palau (X units) - each accounted for an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to concrete-mixer lorry imports into Australia stood at X%. At the same time, New Zealand (X%), Cook Islands (X%) and Solomon Islands (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. Vanuatu, Micronesia, Kiribati, Palau, Samoa and New Caledonia experienced a relatively flat trend pattern. By contrast, Papua New Guinea (X%), Fiji (X%) and Tonga (X%) illustrated a downward trend over the same period. Australia (X p.p.), New Zealand (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total imports, while Vanuatu, New Caledonia, Tonga and Papua New Guinea saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported concrete-mixer lorries in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, concrete-mixer lorry 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 Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Micronesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform