Australia and Oceania: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in Australia and Oceania

In 2021, overseas shipments of equipment for scaffolding, shuttering, propping or pit propping were finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 70% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports skyrocketed to $X in 2021. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 38% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Australia (X tons) represented the main exporter of equipment for scaffolding, shuttering, propping or pit propping, generating 65% of total exports. It was distantly followed by New Zealand (X tons), constituting a 28% share of total exports. The following exporters - Guam (X tons) and Fiji (X tons) - together made up 5.9% of total exports.

Exports from Australia decreased at an average annual rate of -9.9% from 2012 to 2021. At the same time, Fiji (+35.3%), Guam (+14.8%) and New Zealand (+9.4%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +35.3% from 2012-2021. From 2012 to 2021, the share of New Zealand, Guam and Fiji increased by +21, +3.4 and +1.8 percentage points, respectively.

In value terms, Australia ($X) remains the largest scaffolding, shuttering, and propping equipment supplier in Australia and Oceania, comprising 67% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 26% share of total exports. It was followed by Guam, with a 4.2% share.

In Australia, scaffolding, shuttering, and propping equipment exports declined by an average annual rate of -10.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+6.9% per year) and Guam (+23.1% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, surging by 34% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Guam ($X per ton) and Australia ($X per ton), while New Zealand ($X per ton) and Fiji ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guam (+7.3%), while the other leaders experienced a decline in the export price figures.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in Australia and Oceania

In 2021, approx. X tons of equipment for scaffolding, shuttering, propping or pit propping were imported in Australia and Oceania; growing by 14% against the previous year's figure. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 36%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports skyrocketed to $X in 2021. Total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the largest importing country with an import of around X tons, which reached 63% of total imports. New Zealand (X tons) held the second position in the ranking, distantly followed by Marshall Islands (X tons). All these countries together held near 30% share of total imports. The following importers - New Caledonia (X tons) and Papua New Guinea (X tons) - each accounted for a 3.6% share of total imports.

Imports into Australia increased at an average annual rate of +2.5% from 2012 to 2021. At the same time, Marshall Islands (+19.7%) and New Zealand (+13.6%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +19.7% from 2012-2021. Papua New Guinea experienced a relatively flat trend pattern. By contrast, New Caledonia (-3.1%) illustrated a downward trend over the same period. New Zealand (+11 p.p.) and Marshall Islands (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while New Caledonia and Australia saw its share reduced by -1.9% and -15.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported equipment for scaffolding, shuttering, propping or pit propping in Australia and Oceania, comprising 61% of total imports. The second position in the ranking was held by New Zealand ($X), with a 24% share of total imports. It was followed by Marshall Islands, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +5.8%. In the other countries, the average annual rates were as follows: New Zealand (+15.1% per year) and Marshall Islands (+26.5% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, jumping by 71% against the previous year. Import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Marshall Islands (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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