Report Update Nov 1, 2024

Australia - Tamping or Compacting Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Tamping Machinery Market 2024

Tamping Machinery Market Size in Australia

In 2021, the Australian tamping machinery market increased by 96% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a mild expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Tamping Machinery Exports

Exports from Australia

In 2021, tamping machinery exports from Australia shrank significantly to X units, with a decrease of -15.1% against 2020. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 146%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, tamping machinery exports reduced notably to $X in 2021. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 170%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

New Zealand (X units) was the main destination for tamping machinery exports from Australia, with a 78% share of total exports. Moreover, tamping machinery exports to New Zealand exceeded the volume sent to the second major destination, Singapore (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+48.6% per year) and Papua New Guinea (-22.4% per year).

In value terms, the largest markets for tamping machinery exported from Australia were Singapore ($X), New Zealand ($X) and Papua New Guinea ($X), together accounting for 98% of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +27.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average tamping machinery export price amounted to $X per unit, falling by -28.3% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of 385%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to New Zealand ($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 Papua New Guinea (-3.7%), while the prices for the other major destinations experienced a decline.

Tamping Machinery Imports

Imports into Australia

In 2021, approx. X units of tamping or compacting machinery were imported into Australia; increasing by 78% compared with the year before. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 108%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, tamping machinery imports surged to $X in 2021. Overall, imports, however, saw a pronounced contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of tamping machinery to Australia, accounting for a 94% share of total imports. It was followed by Austria (X units), with a 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-18.0% per year) and the United States (-20.8% per year).

In value terms, China ($X) constituted the largest supplier of tamping or compacting machinery to Australia, comprising 74% of total imports. The second position in the ranking was taken by Austria ($X), with a 5.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-22.0% per year) and the United States (-21.3% per year).

Import Prices by Country

In 2021, the average tamping machinery import price amounted to $X per unit, increasing by 26% against the previous year. Overall, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 77%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tamping or compacting machinery in the world?

The country with the largest volume of tamping machinery consumption was South Africa, accounting for 37% of total volume. Moreover, tamping machinery consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 9.7% share.

What are the largest producers of tamping or compacting machinery in the world?

China constituted the country with the largest volume of tamping machinery production, accounting for 52% of total volume. Moreover, tamping machinery production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by India, with a 9.6% share.

What are the leading suppliers of tamping or compacting machinery to Australia?

In value terms, China constituted the largest supplier of tamping machinery to Australia, comprising 74% of total imports. The second position in the ranking was occupied by Austria, with a 5.8% share of total imports.

What are the leading importers of tamping or compacting machinery from Australia?

In value terms, the largest markets for tamping machinery exported from Australia were Singapore, New Zealand and Papua New Guinea, together comprising 98% of total exports.

What is the average export price for tamping or compacting machinery in Australia?

The average tamping machinery export price stood at $1,624 per unit in 2021, jumping by 16% against the previous year.

What is the average import price for tamping or compacting machinery in Australia?

The average tamping machinery import price stood at $502 per unit in 2021, waning by -19.8% against the previous year.

This report provides an in-depth analysis of the tamping machinery market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28923050 - (Towed and hand-held compaction equipment) Tamping or compacting machinery (excluding self-propelled)

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023