Australia and Oceania: Tower And Portal Cranes Market 2020

Tower And Portal Cranes Market Size in Australia and Oceania

The revenue of the tower and portal cranes market in Australia and Oceania amounted to $X in 2017, growing by X% against the previous year. The tower and portal cranes consumption continues to indicate an outstanding expansion. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the tower and portal cranes market attained their peak level, and is likely to continue its growth in the immediate term.

Tower And Portal Cranes Production in Australia and Oceania

The tower and portal cranes production stood at X units in 2017, waning by -X% against the previous year. The tower and portal cranes production continues to indicate a perceptible downturn. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. In that year, the tower and portal cranes production attained their peak volume of X units. From 2011 to 2017, growth of the tower and portal cranes production stood at a somewhat lower level.

Tower And Portal Cranes Exports in Australia and Oceania

The exports amounted to X units in 2017, surging by X% against the previous year. The tower and portal cranes exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. In that year, the tower and portal cranes exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, tower and portal cranes exports totaled $X in 2017. The tower and portal cranes exports continue to indicate a deep setback. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Tower And Portal Cranes Exports by Country in Australia and Oceania

In 2017, Australia (X units) was the main exporter for tower cranes and portal or pedestal jib cranes, achieving X% of total exports. New Zealand (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Papua New Guinea (X%).

Exports from Australia increased at an average annual rate of +X% from 2007 to 2017. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Papua New Guinea (-X%) illustrated a downward trend over the same period. Papua New Guinea (X%) significantly strengthened its position in terms of the global exports, while New Zealand and Australia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Australia ($X) remains the largest tower and portal cranes supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+X% per year) and Papua New Guinea (-X% per year).

Tower And Portal Cranes Export Prices by Country in Australia and Oceania

In 2017, the tower and portal cranes export price in Australia and Oceania amounted to $X thousand per unit, shrinking by -X% against the previous year. The tower and portal cranes export price continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2016, an increase of X% y-o-y. Over the period under review, the export prices for tower cranes and portal or pedestal jib cranes reached its peak figure level of $X thousand per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was New Zealand ($X thousand per unit), while Australia ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by New Zealand (+X% per year), while the other leaders experienced a decline in the export price figures.

Tower And Portal Cranes Imports in Australia and Oceania

In 2017, approx. X units of tower cranes and portal or pedestal jib cranes were imported in Australia and Oceania; picking up by X% against the previous year. The tower and portal cranes imports continue to indicate a measured increase. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the tower and portal cranes imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, tower and portal cranes imports totaled $X in 2017. The tower and portal cranes imports continue to indicate a strong increase. Over the period under review, the tower and portal cranes imports attained its maximum level in 2017, and are likely to see steady growth in the near future.

Tower And Portal Cranes Imports by Country in Australia and Oceania

In 2017, Australia (X units) was the main importer for tower cranes and portal or pedestal jib cranes, committing X% of total imports. It was distantly followed by New Zealand (X units), making up X% share of total imports. The following importers - Tonga (X units) and Papua New Guinea (X units) each recorded a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to tower and portal cranes imports into Australia stood at +X%. At the same time, New Zealand (+X%), Papua New Guinea (+X%) and Tonga (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Tonga, Papua New Guinea, New Zealand and Australia decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported tower cranes and portal or pedestal jib cranes in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Australia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Tower And Portal Cranes Import Prices by Country in Australia and Oceania

The tower and portal cranes import price in Australia and Oceania stood at $X thousand per unit in 2017, increasing by X% against the previous year. The import price indicated a mild expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tower and portal cranes import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. The level of import price peaked of $X thousand per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Australia ($X thousand per unit), while Tonga ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform