Australia: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in Australia

For the fifth consecutive year, the Australian special vehicle body market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a strong increase. Special vehicle body consumption peaked in 2022 and is likely to see steady growth in the near future.

Special Vehicle Body Production in Australia

In value terms, special vehicle body production fell to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X%. Special vehicle body production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Special Vehicle Body Exports

Exports from Australia

Special vehicle body exports from Australia declined rapidly to X units in 2022, waning by X% against the previous year's figure. In general, exports saw a abrupt curtailment. 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 attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, special vehicle body exports fell modestly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units), New Zealand (X units) and Ghana (X units) were the main destinations of special vehicle body exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) emerged as the key foreign market for bodies for special purpose motor vehicles exports from Australia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and New Zealand (X% per year).

Export Prices by Country

In 2022, the average special vehicle body export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Special Vehicle Body Imports

Imports into Australia

In 2022, imports of bodies for special purpose motor vehicles into Australia expanded notably to X units, surging by X% against 2021 figures. In general, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, special vehicle body imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia (X units), the United States (X units) and Thailand (X units) were the main suppliers of special vehicle body imports to Australia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest special vehicle body suppliers to Australia were Indonesia ($X), the United States ($X) and Thailand ($X), together accounting for X% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average special vehicle body import price stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($X per unit) and the UK ($X per unit), while the price for the United States ($X per unit) and Italy ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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