Australia: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in Australia

In 2021, after two years of growth, there was significant decline in the Australian bitumen mixer market, when its value decreased by -76% to $X. In general, consumption saw a relatively flat trend pattern. Bitumen mixer consumption peaked at $X in 2020, and then dropped remarkably in the following year.

Bitumen Mixer Production in Australia

In value terms, bitumen mixer production declined to $X in 2021 estimated in export price. In general, production saw a slight decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by 40%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Bitumen Mixer Exports

Exports from Australia

In 2021, approx. X units of machines for mixing mineral substances with bitumen were exported from Australia; standing approx. at the previous year. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 300%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, bitumen mixer exports expanded sharply to $X in 2021. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 174% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X units) was the main destination for bitumen mixer exports from Australia, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Fiji was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for machines for mixing mineral substances with bitumen exports from Australia, comprising 30% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 6.3% share of total exports. It was followed by Fiji, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-10.3% per year) and Fiji (+30.9% per year).

Export Prices by Country

The average bitumen mixer export price stood at $X per unit in 2021, rising by 12% against the previous year. Overall, the export price, however, saw a noticeable slump. The growth pace was the most rapid in 2018 an increase of 78%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+88.1%), while the prices for the other major destinations experienced mixed trend patterns.

Bitumen Mixer Imports

Imports into Australia

In 2021, after two years of growth, there was significant decline in supplies from abroad of machines for mixing mineral substances with bitumen, when their volume decreased by -87.9% to X units. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 871%. Over the period under review, imports reached the maximum at X units in 2020, and then declined remarkably in the following year.

In value terms, bitumen mixer imports declined markedly to $X in 2021. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 233%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X units) constituted the largest bitumen mixer supplier to Australia, accounting for a 35% share of total imports. Moreover, bitumen mixer imports from Malaysia exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. The third position in this ranking was held by the United States (X units), with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia stood at +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (0.0% per year) and the United States (-16.4% per year).

In value terms, Germany ($X), Switzerland ($X) and the United States ($X) were the largest bitumen mixer suppliers to Australia, together comprising 26% of total imports. Poland and Malaysia lagged somewhat behind, together accounting for a further 1.8%.

Malaysia, with a CAGR of +27.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bitumen mixer import price stood at $X per unit in 2021, with an increase of 382% against the previous year. In general, the import price, however, recorded a deep downturn. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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