Report Update Apr 1, 2024

Australia - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Petroleum-Engine Cargo Trucks Market 2024

Petroleum-Engine Cargo Trucks Market Size in Australia

In 2022, the Australian petroleum-engine cargo trucks market increased by X% to $X, rising for the seventh consecutive year after three years of decline. Overall, consumption continues to indicate a strong increase. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Petroleum-Engine Cargo Trucks Exports

Exports from Australia

Petroleum-engine cargo trucks exports from Australia surged to X units in 2022, jumping by X% against the year before. Over the period under review, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, petroleum-engine cargo trucks exports surged to $X in 2022. In general, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X units) was the main destination for petroleum-engine cargo trucks exports from Australia, accounting for a X% share of total exports. Moreover, petroleum-engine cargo trucks exports to New Zealand exceeded the volume sent to the second major destination, Kenya (X units), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and the United Arab Emirates (X% per year).

In value terms, New Zealand ($X) remains the key foreign market for goods vehicles, with spark-ignition internal combustion piston engine exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average petroleum-engine cargo trucks export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($X per unit), while the average price for exports to South Africa ($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 Kenya (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Petroleum-Engine Cargo Trucks Imports

Imports into Australia

In 2022, overseas purchases of goods vehicles, with spark-ignition internal combustion piston engine increased by X% to X units, rising for the seventh consecutive year after three years of decline. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, petroleum-engine cargo trucks imports soared to $X in 2022. In general, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), Thailand (X units) and Mexico (X units) were the main suppliers of petroleum-engine cargo trucks imports to Australia, with a combined X% share of total imports.

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

In value terms, the United States ($X), Thailand ($X) and Mexico ($X) constituted the largest petroleum-engine cargo trucks suppliers to Australia, with a combined X% share of total imports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average petroleum-engine cargo trucks import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per unit) and China ($X per unit), while the price for Poland ($X per unit) and Mexico ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

What are the largest markets for goods vehicles, with spark-ignition internal combustion piston engine in the world?

The countries with the highest volumes of consumption in 2023 were the United States, Canada and China, together comprising 45% of global consumption. Spain, India, Brazil, Russia, Indonesia, Mexico, Germany, the UK and Australia lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of goods vehicles, with spark-ignition internal combustion piston engine in the world?

Mexico remains the largest petroleum-engine cargo trucks producing country worldwide, comprising approx. 45% of total volume. Moreover, petroleum-engine cargo trucks production in Mexico exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was taken by Spain, with a 7.4% share.

What are the leading suppliers of goods vehicles, with spark-ignition internal combustion piston engine to Australia?

In value terms, the United States, Thailand and Mexico were the largest petroleum-engine cargo trucks suppliers to Australia, with a combined 92% share of total imports.

What are the leading importers of goods vehicles, with spark-ignition internal combustion piston engine from Australia?

In value terms, New Zealand remains the key foreign market for goods vehicles, with spark-ignition internal combustion piston engine exports from Australia, comprising 91% of total exports. The second position in the ranking was taken by Kenya, with a 3.1% share of total exports. It was followed by the United Arab Emirates, with a 2.3% share.

What is the average export price for goods vehicles, with spark-ignition internal combustion piston engine in Australia?

The average petroleum-engine cargo trucks export price stood at $23,560 per unit in 2022, declining by -24.9% against the previous year.

What is the average import price for goods vehicles, with spark-ignition internal combustion piston engine in Australia?

In 2022, the average petroleum-engine cargo trucks import price amounted to $27,932 per unit, jumping by 15% against the previous year.

This report provides an in-depth analysis of the petroleum-engine cargo trucks market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023