Report Update Nov 1, 2024

Australia and Oceania - Underground Continuous-Action Elevators and Conveyors - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Underground Continuous-Action Elevator Market 2024

Underground Continuous-Action Elevator Market Size in Australia and Oceania

After two years of growth, the underground continuous-action elevator market in Australia and Oceania decreased by -3.5% to $X in 2021. Overall, consumption showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 6% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Underground Continuous-Action Elevator Production in Australia and Oceania

In value terms, underground continuous-action elevator production shrank to $X in 2021 estimated in export price. In general, production faced a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Underground Continuous-Action Elevator Exports

Exports in Australia and Oceania

In 2021, approx. X units of underground continuous-action elevators and conveyors were exported in Australia and Oceania; growing by 1,447% on the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, underground continuous-action elevator exports surged to $X in 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Australia (X units) represented the key exporter of underground continuous-action elevators and conveyors in Australia and Oceania, mixing up 100% of total export.

Australia was also the fastest-growing in terms of the underground continuous-action elevators and conveyors exports, with a CAGR of +60.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest underground continuous-action elevator supplier in Australia and Oceania.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +37.2%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, which is down by -47.9% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2015 an increase of 53% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -14.5% per year.

Underground Continuous-Action Elevator Imports

Imports in Australia and Oceania

In 2021, underground continuous-action elevator imports in Australia and Oceania soared to X units, jumping by 251% against 2020. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by 6,736% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, underground continuous-action elevator imports surged to $X in 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 3,342% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

Australia dominates imports structure, resulting at X units, which was approx. 95% of total imports in 2021. Papua New Guinea (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the underground continuous-action elevators and conveyors imports, with a CAGR of +90.1% from 2012 to 2021. Papua New Guinea (-22.4%) illustrated a downward trend over the same period. While the share of Australia (+95 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Papua New Guinea (-71 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported underground continuous-action elevators and conveyors in Australia and Oceania, comprising 91% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a 6.9% share of total imports.

In Australia, underground continuous-action elevator imports expanded at an average annual rate of +89.2% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, surging by 9.6% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 207%. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+54.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for underground continuous-action elevators and conveyors in Australia and Oceania?

Australia remains the largest underground continuous-action elevator consuming country in Australia and Oceania, comprising approx. 78% of total volume. Moreover, underground continuous-action elevator consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, sixfold.

What are the largest producers of underground continuous-action elevators and conveyors in Australia and Oceania?

Australia constituted the country with the largest volume of underground continuous-action elevator production, accounting for 84% of total volume. Moreover, underground continuous-action elevator production in Australia exceeded the figures recorded by the second-largest producer, New Zealand, sixfold.

What are the leading exporters of underground continuous-action elevators and conveyors in Australia and Oceania?

In value terms, Australia remains the largest underground continuous-action elevator supplier in Australia and Oceania.

What are the leading importers of underground continuous-action elevators and conveyors in Australia and Oceania?

In value terms, Australia, Papua New Guinea and Fiji constituted the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

What is the average export price for underground continuous-action elevators and conveyors in Australia and Oceania?

In 2021, the export price in Australia and Oceania amounted to $976 per unit, with a decrease of -13.8% against the previous year.

What is the average import price for underground continuous-action elevators and conveyors in Australia and Oceania?

The import price in Australia and Oceania stood at $5,324 per unit in 2021, dropping by -11.7% against the previous year.

This report provides an in-depth analysis of the underground continuous-action elevator market in Australia and Oceania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28921100 - Continuous-action elevators and conveyors, for underground use

Country coverage:

Australia
Cook Islands
Fiji
French Polynesia
Kiribati
Marshall Islands
Micronesia
New Caledonia
New Zealand
Northern Mariana Islands
Palau
Papua New Guinea
Samoa
Solomon Islands
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis and Futuna Islands
American Samoa
Nauru
Niue
Guam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Australia and Oceania, split by region and country
Trade (exports and imports) in Australia and Oceania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023