Australia and Oceania: Concrete Mixer Market 2024

Concrete Mixer Market Size in Australia and Oceania

In 2021, the concrete mixer market in Australia and Oceania increased by 3.6% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Concrete Mixer Production in Australia and Oceania

In value terms, concrete mixer production declined to $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +37.1% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 36% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Concrete Mixer Exports

Exports in Australia and Oceania

In 2021, approx. X units of concrete or mortar mixers were exported in Australia and Oceania; declining by -19.2% on 2020. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 165% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete mixer exports skyrocketed to $X in 2021. In general, exports, however, saw a modest expansion. The growth pace was the most rapid in 2013 when exports increased by 163% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the main exporting country with an export of around X units, which recorded 60% of total exports. New Zealand (X units) held a 25% share (based on physical terms) of total exports, which put it in second place, followed by New Caledonia (13%). Fiji (X units) followed a long way behind the leaders.

Exports from Australia decreased at an average annual rate of -13.2% from 2012 to 2021. At the same time, New Caledonia (+63.4%) and Fiji (+48.9%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +63.4% from 2012-2021. By contrast, New Zealand (-1.9%) illustrated a downward trend over the same period. New Caledonia (+13 p.p.), New Zealand (+13 p.p.) and Fiji (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -28.1% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest concrete mixer supplier in Australia and Oceania, comprising 71% of total exports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total exports. It was followed by Fiji, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +2.8%. In the other countries, the average annual rates were as follows: New Zealand (-3.4% per year) and Fiji (+56.7% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, surging by 50% against the previous year. Overall, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 120%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Fiji ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+18.4%), while the other leaders experienced mixed trends in the export price figures.

Concrete Mixer Imports

Imports in Australia and Oceania

Concrete mixer imports rose notably to X units in 2021, increasing by 9.3% on the previous year's figure. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 18%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, concrete mixer imports fell to $X in 2021. Over the period under review, imports, however, showed a slight curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 65%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Australia represented the main importer of concrete or mortar mixers in Australia and Oceania, with the volume of imports amounting to X units, which was approx. 47% of total imports in 2021. New Zealand (X units) took a 22% share (based on physical terms) of total imports, which put it in second place, followed by New Caledonia (12%), Papua New Guinea (5.7%) and Vanuatu (5.1%). Fiji (X units) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, Vanuatu (+22.7%), Fiji (+10.9%), New Zealand (+7.8%) and New Caledonia (+7.6%) displayed positive paces of growth. Moreover, Vanuatu emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +22.7% from 2012-2021. Papua New Guinea experienced a relatively flat trend pattern. New Zealand (+10 p.p.), New Caledonia (+5.3 p.p.) and Vanuatu (+4.3 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -7.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported concrete or mortar mixers in Australia and Oceania, comprising 69% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 14% share of total imports. It was followed by Papua New Guinea, with a 5.9% share.

In Australia, concrete mixer imports plunged by an average annual rate of -2.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+6.9% per year) and Papua New Guinea (-5.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, waning by -11.8% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the import price increased by 74% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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