Australia: Bulldozer Market 2024

Bulldozer Market Size in Australia

The Australian bulldozer market surged to $X in 2022, with an increase of 29% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a perceptible slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bulldozer Exports

Exports from Australia

Bulldozer exports from Australia declined significantly to X units in 2022, reducing by -25.2% compared with 2021 figures. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by 34%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, bulldozer exports shrank markedly to $X in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 when exports increased by 80%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X units), the United States (X units) and the United Arab Emirates (X units) were the main destinations of bulldozer exports from Australia, with a combined 62% share of total exports. Moreover, bulldozer exports in New Zealand exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +51.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), New Zealand ($X) and the United Arab Emirates ($X) constituted the largest markets for bulldozer exported from Australia worldwide, with a combined 82% share of total exports.

The United Arab Emirates, with a CAGR of +63.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bulldozer export price stood at $X per unit in 2022, with an increase of 7.2% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bulldozer export price decreased by -12.7% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 35%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bulldozer Imports

Imports into Australia

In 2022, overseas purchases of bulldozers and angle dozers increased by 14% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 126%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, bulldozer imports surged to $X in 2022. Over the period under review, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 120% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), Japan (X units) and the United Arab Emirates (X units) were the main suppliers of bulldozer imports to Australia, together accounting for 73% of total imports. Thailand, Brazil, Singapore, China, South Africa, the UK and France lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +59.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of bulldozers and angle dozers to Australia, comprising 59% of total imports. The second position in the ranking was taken by Japan ($X), with a 19% share of total imports. It was followed by Thailand, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+1.6% per year) and Thailand (+68.0% per year).

Import Prices by Country

The average bulldozer import price stood at $X per unit in 2022, with an increase of 13% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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