Australia and Oceania: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Australia and Oceania

In 2022, after two years of growth, there was significant decline in the wheeled dozer market in Australia and Oceania, when its value decreased by -24.3% to $X. Overall, consumption continues to indicate a mild descent. Over the period under review, the market hit record highs at $X in 2021, and then contracted dramatically in the following year.

Wheeled Dozer Production in Australia and Oceania

In value terms, wheeled dozer production fell slightly to $X in 2022 estimated in export price. In general, production, however, saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 2,071%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Wheeled Dozer Exports

Exports in Australia and Oceania

After two years of decline, shipments abroad of wheeled dozers increased by 43% to X units in 2022. In general, exports, however, showed a abrupt setback. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheeled dozer exports rose markedly to $X in 2022. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 141% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Australia (X units) and New Zealand (X units) were the key exporters of wheeled dozers in Australia and Oceania, together achieving 74% of total exports. It was distantly followed by Papua New Guinea (X units), making up a 23% share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +8.1%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Australia ($X) remains the largest wheeled dozer supplier in Australia and Oceania, comprising 70% of total exports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -12.9%. In the other countries, the average annual rates were as follows: New Zealand (+22.0% per year) and Papua New Guinea (-14.8% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, with a decrease of -25.6% against the previous year. In general, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2019 an increase of 80%. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while Papua New Guinea ($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 (+12.8%), while the other leaders experienced mixed trends in the export price figures.

Wheeled Dozer Imports

Imports in Australia and Oceania

In 2022, the amount of wheeled dozers imported in Australia and Oceania shrank to X units, dropping by -8.5% on the year before. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 104% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wheeled dozer imports dropped to $X in 2022. Over the period under review, imports faced a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by 83% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Papua New Guinea represented the major importer of wheeled dozers in Australia and Oceania, with the volume of imports resulting at X units, which was approx. 53% of total imports in 2022. New Zealand (X units) took a 22% share (based on physical terms) of total imports, which put it in second place, followed by Australia (6.4%) and New Caledonia (5.8%). The following importers - Solomon Islands (X units), Fiji (X units) and Vanuatu (X units) - each finished at an 8.7% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wheeled dozer imports into Papua New Guinea stood at -4.1%. At the same time, Vanuatu (+5.2%) and New Zealand (+2.1%) displayed positive paces of growth. Moreover, Vanuatu emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.2% from 2012-2022. By contrast, Solomon Islands (-1.8%), New Caledonia (-1.8%), Fiji (-3.3%) and Australia (-25.7%) illustrated a downward trend over the same period. Papua New Guinea (+20 p.p.), New Zealand (+14 p.p.), New Caledonia (+3 p.p.) and Vanuatu (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -44.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported wheeled dozers in Australia and Oceania, comprising 52% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a 23% share of total imports. It was followed by New Zealand, with a 17% share.

In Australia, wheeled dozer imports contracted by an average annual rate of -16.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (-5.3% per year) and New Zealand (+4.8% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, waning by -6.9% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2019 when the import price increased by 37%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vanuatu (+27.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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