Australia: Prefabricated Buildings Market 2025

Prefabricated Buildings Market Size in Australia

In 2022, the Australian prefabricated buildings market increased by 23% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a deep setback. Prefabricated buildings consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Prefabricated Buildings Exports

Exports from Australia

In 2022, overseas shipments of prefabricated buildings decreased by -55.8% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 62%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prefabricated buildings exports reduced notably to $X in 2022. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of 59%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for prefabricated buildings exports from Australia, accounting for a 31% share of total exports. Moreover, prefabricated buildings exports to New Zealand exceeded the volume sent to the second major destination, China (X units), threefold. Papua New Guinea (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+2.2% per year) and Papua New Guinea (-17.2% per year).

In value terms, New Zealand ($X) remains the key foreign market for prefabricated buildings exports from Australia, comprising 30% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with an 11% share of total exports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-22.5% per year) and China (-8.5% per year).

Export Prices by Country

The average prefabricated buildings export price stood at $X per unit in 2022, surging by 29% against the previous year. In general, the export price, however, showed a noticeable contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vanuatu ($X per unit) and Nauru ($X per unit), while the average price for exports to Fiji ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Prefabricated Buildings Imports

Imports into Australia

In 2022, overseas purchases of prefabricated buildings decreased by -5.1% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, prefabricated buildings imports stood at $X in 2022. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 62%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest prefabricated buildings supplier to Australia, accounting for a 61% share of total imports. Moreover, prefabricated buildings imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Finland (X units) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.2% per year) and Finland (+33.3% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings to Australia, comprising 63% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.9% share of total imports. It was followed by Finland, with a 3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.4% per year) and Finland (+35.7% per year).

Import Prices by Country

The average prefabricated buildings import price stood at $X per unit in 2022, growing by 8.3% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 24%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Israel ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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