Australia and Oceania: Bulldozer Market 2024

Bulldozer Market Size in Australia and Oceania

In 2022, the bulldozer market in Australia and Oceania increased by 21% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a perceptible reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Bulldozer Production in Australia and Oceania

In value terms, bulldozer production expanded notably to $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 119% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Bulldozer Exports

Exports in Australia and Oceania

After two years of decline, overseas shipments of bulldozers and angle dozers increased by 5.4% to X units in 2022. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 29%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bulldozer exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by 77% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Australia was the major exporting country with an export of around X units, which recorded 56% of total exports. New Zealand (X units) held a 28% share (based on physical terms) of total exports, which put it in second place, followed by Papua New Guinea (14%).

Exports from Australia decreased at an average annual rate of -11.2% from 2012 to 2022. At the same time, New Zealand (+6.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +6.6% from 2012-2022. By contrast, Papua New Guinea (-1.9%) illustrated a downward trend over the same period. While the share of New Zealand (+21 p.p.) and Papua New Guinea (+6.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (-26.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest bulldozer supplier in Australia and Oceania, comprising 74% of total exports. The second position in the ranking was held by New Zealand ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled -8.2%. In the other countries, the average annual rates were as follows: New Zealand (+23.3% per year) and Papua New Guinea (-13.5% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with a decrease of -5.3% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bulldozer export price decreased by -25.7% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by 36%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per unit), while Papua New Guinea ($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 (+15.6%), while the other leaders experienced mixed trends in the export price figures.

Bulldozer Imports

Imports in Australia and Oceania

In 2022, imports of bulldozers and angle dozers in Australia and Oceania declined to X units, approximately reflecting 2021. Over the period under review, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2017 with an increase of 93% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, bulldozer imports skyrocketed to $X in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 92%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) was the key importer of bulldozers and angle dozers, creating 69% of total imports. It was distantly followed by Papua New Guinea (X units) and New Zealand (X units), together creating a 26% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to bulldozer imports into Australia stood at -4.2%. At the same time, New Zealand (+8.8%) and Papua New Guinea (+4.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +8.8% from 2012-2022. From 2012 to 2022, the share of Papua New Guinea and New Zealand increased by +9.1 and +5.7 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported bulldozers and angle dozers in Australia and Oceania, comprising 92% of total imports. The second position in the ranking was held by New Zealand ($X), with a 4.2% share of total imports.

In Australia, bulldozer imports declined by an average annual rate of -5.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+7.8% per year) and Papua New Guinea (+2.2% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by 23% against the previous year. Over the period under review, the import price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 when the import price increased by 34%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Australia ($X per unit), while Papua New Guinea ($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 (-0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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