Australia: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Australia

In 2021, the Australian off-highway dumper market increased by 9.6% to $X, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Off-Highway Dumper Exports

Exports from Australia

Off-highway dumper exports from Australia shrank to X units in 2021, waning by -13.6% on the year before. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 56%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, off-highway dumper exports expanded slightly to $X in 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 75%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X units), New Zealand (X units) and Papua New Guinea (X units) were the main destinations of off-highway dumper exports from Australia, together comprising 54% of total exports.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +64.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), New Zealand ($X) and Papua New Guinea ($X) were the largest markets for off-highway dumper exported from Australia worldwide, together accounting for 55% of total exports.

Among the main countries of destination, Ghana, with a CAGR of +57.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average off-highway dumper export price amounted to $X per unit, jumping by 20% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 78%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Ghana ($X per unit) and Russia ($X per unit), while the average price for exports to New Caledonia ($X per unit) and Papua New Guinea ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports into Australia

In 2021, purchases abroad of dumpers for off-highway use increased by 9.7% to X units, rising for the sixth consecutive year after three years of decline. In general, imports, however, recorded a slight decrease. The pace of growth was the most pronounced in 2018 with an increase of 174% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, off-highway dumper imports stood at $X in 2021. Over the period under review, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 100% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest off-highway dumper supplier to Australia, accounting for a 46% share of total imports. Moreover, off-highway dumper imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was taken by Sweden (X units), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+5.9% per year) and Sweden (+9.9% per year).

In value terms, the United States ($X) constituted the largest supplier of dumpers for off-highway use to Australia, comprising 46% of total imports. The second position in the ranking was held by Japan ($X), with a 16% share of total imports. It was followed by Sweden, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.1% per year) and Sweden (-2.2% per year).

Import Prices by Country

In 2021, the average off-highway dumper import price amounted to $X per unit, declining by -2% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 7.4% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were South Africa ($X per unit) and the United States ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :