Australia and Oceania: Pedestrian-Controlled Tractor Market 2024

Pedestrian-Controlled Tractor Market Size in Australia and Oceania

The pedestrian-controlled tractor market in Australia and Oceania expanded notably to $X in 2022, surging by 9% against the previous year. In general, consumption continues to indicate a remarkable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Pedestrian-Controlled Tractor Production in Australia and Oceania

In value terms, pedestrian-controlled tractor production totaled $X in 2022 estimated in export price. Over the period under review, production enjoyed a prominent increase. The growth pace was the most rapid in 2020 when the production volume increased by 41% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Pedestrian-Controlled Tractor Exports

Exports in Australia and Oceania

For the fifth consecutive year, Australia and Oceania recorded decline in overseas shipments of pedestrian-controlled tractors, which decreased by -5.4% to X units in 2022. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 247%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, pedestrian-controlled tractor exports shrank remarkably to $X in 2022. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 287%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, finishing at X units, which was near 90% of total exports in 2022. It was distantly followed by New Zealand (X units), mixing up a 9.5% share of total exports.

Exports from Australia increased at an average annual rate of +7.0% from 2012 to 2022. At the same time, New Zealand (+8.8%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +8.8% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest pedestrian-controlled tractor supplier in Australia and Oceania, comprising 91% of total exports. The second position in the ranking was held by New Zealand ($X), with a 9.5% share of total exports.

In Australia, pedestrian-controlled tractor exports expanded at an average annual rate of +8.2% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with a decrease of -36.6% against the previous year. Over the period under review, the export price, however, saw a modest expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by 181% against the previous year. The level of export peaked at $X per unit in 2021, and then contracted markedly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 (+10.3%).

Pedestrian-Controlled Tractor Imports

Imports in Australia and Oceania

In 2022, pedestrian-controlled tractor imports in Australia and Oceania skyrocketed to X units, rising by 76% on the previous year. Over the period under review, imports showed a notable expansion. The growth pace was the most rapid in 2017 when imports increased by 252% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, pedestrian-controlled tractor imports surged to $X in 2022. Overall, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2017 when imports increased by 254% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia (X units), Papua New Guinea (X units) and New Zealand (X units) represented roughly 79% of total imports in 2022. French Polynesia (X units) ranks next in terms of the total imports with an 8.5% share, followed by Vanuatu (7%). The following importers - New Caledonia (X units) and Samoa (X units) - each accounted for a 4.1% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by French Polynesia (with a CAGR of +38.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), Australia ($X) and New Zealand ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 83% of total imports. These countries were followed by French Polynesia, Vanuatu, New Caledonia and Samoa, which together accounted for a further 15%.

French Polynesia, with a CAGR of +30.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, with a decrease of -3.4% against the previous year. In general, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while Samoa ($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 (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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