Australia and Oceania: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in Australia and Oceania

The road tractor for semi-trailer market in Australia and Oceania rose slightly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption recorded a resilient increase. The level of consumption peaked at $X.9B in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Road Tractors For Semi-Trailers in Australia and Oceania

In value terms, road tractor for semi-trailer production totaled $X.9B in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value 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, production decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X.1B in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Road Tractors For Semi-Trailers

Exports in Australia and Oceania

In 2022, shipments abroad of road tractors for semi-trailers was finally on the rise to reach X units after two years of decline. In general, exports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, road tractor for semi-trailer exports fell to $X in 2022. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the major exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by New Zealand (X units), creating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In value terms, Australia ($X) remains the largest road tractor for semi-trailer supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, road tractor for semi-trailer exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 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 Road Tractors For Semi-Trailers

Imports in Australia and Oceania

In 2022, imports of road tractors for semi-trailers in Australia and Oceania dropped dramatically to X units, waning by X% compared with 2021 figures. Over the period under review, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, road tractor for semi-trailer imports plummeted to $X in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

Australia prevails in imports structure, recording X units, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X units), creating an X% share of total imports. Papua New Guinea (X units) and New Caledonia (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the road tractors for semi-trailers imports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. By contrast, New Caledonia (X%) and Papua New Guinea (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 ($X) constitutes the largest market for imported road tractors for semi-trailers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

In Australia, road tractor for semi-trailer 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, waning by X% against the previous year. Import price indicated a strong expansion 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, road tractor for semi-trailer import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then declined slightly in the following year.

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 New Zealand ($X per unit), while Papua New Guinea ($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 Zealand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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