Australia and Oceania: Fork-Lift Truck Market 2025

Fork-Lift Truck Market Size in Australia and Oceania

In 2022, the fork-lift truck market in Australia and Oceania increased by 10% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption continues to indicate prominent growth. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Fork-Lift Truck Production in Australia and Oceania

In value terms, fork-lift truck production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 345%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Fork-Lift Truck Exports

Exports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in shipments abroad of fork-lift trucks, when their volume increased by 66% to X units. Overall, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2015 when exports increased by 120% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, fork-lift truck exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, accounting for X units, which was near 98% of total exports in 2022. New Zealand (X units) followed a long way behind the leaders.

Exports from Australia decreased at an average annual rate of -6.9% from 2012 to 2022. At the same time, New Zealand (+1.3%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +1.3% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest fork-lift truck supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total exports.

In Australia, fork-lift truck exports declined by an average annual rate of -9.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, reducing by -21.2% against the previous year. Over the period under review, the export price recorded a slight slump. The pace of growth appeared the most rapid in 2020 when the export price increased by 85% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+2.4%).

Fork-Lift Truck Imports

Imports in Australia and Oceania

In 2022, overseas purchases of fork-lift trucks increased by 25% to X units, rising for the second year in a row after two years of decline. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 36%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fork-lift truck imports soared to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Australia represented the major importer of fork-lift trucks in Australia and Oceania, with the volume of imports reaching X units, which was approx. 84% of total imports in 2022. It was distantly followed by New Zealand (X units), creating an 11% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fork-lift truck imports into Australia stood at +6.8%. At the same time, New Zealand (+8.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +8.6% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +1.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported fork-lift trucks in Australia and Oceania, comprising 81% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +2.6%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, surging by 2.2% against the previous year. In general, the import price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+0.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :