Australia: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Australia

In 2021, the Australian mobile lifting frame market increased by 56% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, recorded a noticeable reduction. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Mobile Lifting Frame Production in Australia

In value terms, mobile lifting frame production stood at $X in 2021 estimated in export price. Overall, production saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 127% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Mobile Lifting Frame Exports

Exports from Australia

For the third consecutive year, Australia recorded decline in shipments abroad of mobile lifting frames on tyres and straddle carriers, which decreased by -73% to X units in 2021. In general, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2018 with an increase of 155%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mobile lifting frame exports dropped remarkably to $X in 2021. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2018 when exports increased by 142%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for mobile lifting frame exports from Australia, with a 59% share of total exports. Moreover, mobile lifting frame exports to China exceeded the volume sent to the second major destination, New Zealand (X units), threefold. Kuwait (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +65.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-22.0% per year) and Kuwait (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for mobile lifting frames on tyres and straddle carriers exports from Australia, comprising 59% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total exports. It was followed by Kuwait, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +73.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-20.1% per year) and Kuwait (0.0% per year).

Export Prices by Country

In 2021, the average mobile lifting frame export price amounted to $X per unit, waning by -2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 117%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Vietnam ($X per unit) and New Zealand ($X per unit), while the average price for exports to Kuwait ($X per unit) and China ($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 Singapore (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into Australia

In 2021, approx. X units of mobile lifting frames on tyres and straddle carriers were imported into Australia; picking up by 28% on 2020. Over the period under review, imports recorded a pronounced expansion. The growth pace was the most rapid in 2016 with an increase of 1,211% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, mobile lifting frame imports surged to $X in 2021. In general, imports, however, showed a pronounced slump. The growth pace was the most rapid in 2016 with an increase of 1,743%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X units), China (X units) and Finland (X units) were the main suppliers of mobile lifting frame imports to Australia, with a combined 83% share of total imports. The UK, Ireland, Italy and New Zealand lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +95.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mobile lifting frame suppliers to Australia were Poland ($X), China ($X) and Finland ($X), with a combined 83% share of total imports. The UK, Ireland, Italy and New Zealand lagged somewhat behind, together comprising a further 15%.

In terms of the main suppliers, the UK, with a CAGR of +92.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mobile lifting frame import price amounted to $X per unit, with an increase of 4.9% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2016 an increase of 41% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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