Australia: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Australia

The Australian self-propelled bulldozer market surged to $X in 2021, growing by 21% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Self-Propelled Bulldozer Production in Australia

In value terms, self-propelled bulldozer production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 212% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Self-Propelled Bulldozer Exports

Exports from Australia

In 2021, shipments abroad of self-propelled bulldozers and excavators increased by 569% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports showed buoyant growth. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, self-propelled bulldozer exports contracted dramatically to $X in 2021. In general, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2014 with an increase of 59%. The exports peaked at $X in 2020, and then declined remarkably in the following year.

Exports by Country

New Zealand (X units) was the main destination for self-propelled bulldozer exports from Australia, accounting for a 43% share of total exports. Moreover, self-propelled bulldozer exports to New Zealand exceeded the volume sent to the second major destination, Indonesia (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to +47.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+17.6% per year) and the United States (+38.2% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for self-propelled bulldozers and excavators exports from Australia, comprising 46% of total exports. The second position in the ranking was held by Vietnam ($X), with a 9.4% share of total exports. It was followed by Papua New Guinea, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand totaled +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+46.2% per year) and Papua New Guinea (-12.7% per year).

Export Prices by Country

The average self-propelled bulldozer export price stood at $X per unit in 2021, with a decrease of -93.4% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 788% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 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 Papua New Guinea ($X per unit), while the average price for exports to Indonesia ($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 UK (+41.6%), while the prices for the other major destinations experienced mixed trend patterns.

Self-Propelled Bulldozer Imports

Imports into Australia

After two years of decline, purchases abroad of self-propelled bulldozers and excavators increased by 7.1% to X units in 2021. In general, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled bulldozer imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 39%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X units) constituted the largest supplier of self-propelled bulldozer to Australia, accounting for a 74% share of total imports. Moreover, self-propelled bulldozer imports from the UK exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-11.0% per year) and the United States (-17.0% per year).

In value terms, the UK ($X) constituted the largest supplier of self-propelled bulldozers and excavators to Australia, comprising 74% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.6% share of total imports. It was followed by the United States, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from the UK stood at -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-11.2% per year) and the United States (-17.3% per year).

Import Prices by Country

In 2021, the average self-propelled bulldozer import price amounted to $X per unit, rising by 18% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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