Australia and Oceania: Market for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles 2024

Market Size for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Australia and Oceania

In 2021, after two years of growth, there was significant decline in the market for road-sweepers, mobile workshops and other special purpose vehicles in Australia and Oceania, when its value decreased by -27.4% to $X. In general, consumption, however, enjoyed strong growth. Over the period under review, the market attained the peak level at $X in 2020, and then contracted rapidly in the following year.

Production of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Australia and Oceania

In value terms, production of road-sweepers, mobile workshops and other special purpose vehicles reduced markedly to $X in 2021 estimated in export price. In general, production, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 246%. The level of production peaked at $X in 2020, and then fell notably in the following year.

Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Exports in Australia and Oceania

In 2021, the amount of road-sweepers, mobile workshops and other special purpose vehicles exported in Australia and Oceania dropped significantly to X units, reducing by -34.4% against 2020. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 175% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2020, and then contracted rapidly in the following year.

In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles fell notably to $X in 2021. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 134% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of road-sweepers, mobile workshops and other special purpose vehicles, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the road-sweepers, mobile workshops and other special purpose vehicles exports, with a CAGR of +20.1% from 2012 to 2021. Australia (+36 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 road-sweepers, mobile workshops and other special purpose vehicles supplier in Australia and Oceania.

In Australia, exports of road-sweepers, mobile workshops and other special purpose vehicles remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, which is down by -4.7% against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 43% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -17.4% per year.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Imports in Australia and Oceania

In 2021, overseas purchases of road-sweepers, mobile workshops and other special purpose vehicles increased by 33% to X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 47% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles surged to $X in 2021. Over the period under review, imports posted a tangible expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 105% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Australia was the main importer of road-sweepers, mobile workshops and other special purpose vehicles in Australia and Oceania, with the volume of imports finishing at X units, which was approx. 63% of total imports in 2021. New Zealand (X units) took the second position in the ranking, followed by New Caledonia (X units). All these countries together held near 26% share of total imports. Papua New Guinea (X units) and Solomon Islands (X units) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of +5.2% from 2012 to 2021. At the same time, Solomon Islands (+13.0%) and New Caledonia (+5.3%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +13.0% from 2012-2021. New Zealand experienced a relatively flat trend pattern. By contrast, Papua New Guinea (-12.4%) illustrated a downward trend over the same period. While the share of Australia (+12 p.p.) and New Caledonia (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-2.9 p.p.) and Papua New Guinea (-9.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported road-sweepers, mobile workshops and other special purpose vehicles in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total imports. It was followed by New Caledonia, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +2.4%. In the other countries, the average annual rates were as follows: New Zealand (+4.2% per year) and New Caledonia (+3.4% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, increasing by 1.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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