Cranes; Tower Cranes Price in Australia - 2023
Contents:
- Cranes; Tower Cranes Price in Australia (CIF) - 2022
- Cranes; Tower Cranes Price in Australia (FOB) - 2022
- Cranes; Tower Cranes Imports in Australia
- Cranes; Tower Cranes Exports in Australia
Cranes; Tower Cranes Price in Australia (CIF) - 2022
The average cranes; tower cranes import price stood at $67,630 per unit in 2022, falling by -15.6% against the previous year. Over the period under review, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $152,729 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($184,794 per unit), while the price for Spain ($43,565 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the prices for the other major suppliers experienced a decline.
Cranes; Tower Cranes Price in Australia (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $88,793 per unit, waning by -1.9% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cranes; tower cranes export price increased by +32.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. Over the period under review, the average export prices reached the maximum at $125,045 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($92,229 per unit), while the average price for exports to New Zealand ($87,583 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+43.1%), while the prices for the other major destinations experienced mixed trend patterns.
Cranes; Tower Cranes Imports in Australia
In 2022, after two years of decline, there was growth in purchases abroad of cranes; tower craneses, when their volume increased by 4.9% to 514 units. Overall, imports, however, recorded a deep setback. Over the period under review, imports hit record highs at 833 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, cranes; tower cranes imports reduced to $35M in 2022. In general, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $43M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Cranes; Tower Cranes in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 4.1 | 2.3 | 6.9 | 8.6 | 28.0% |
Germany | 2.5 | 11.7 | 2.2 | 6.4 | 36.8% |
China | 4.3 | 4.8 | 4.0 | 5.0 | 5.2% |
Malaysia | 6.1 | 4.6 | 3.1 | 4.8 | -7.7% |
Italy | 7.3 | 3.0 | 2.1 | 4.1 | -17.5% |
United Kingdom | 0.6 | 2.3 | 0.3 | 1.2 | 26.0% |
France | 0.3 | 0.7 | 0.9 | 1.1 | 54.2% |
New Zealand | 2.2 | 0.3 | 0.3 | 0.9 | -25.8% |
Thailand | 6.2 | N/A | N/A | N/A | 0% |
Taiwan (Chinese) | 0.1 | N/A | N/A | N/A | 0% |
Others | 9.6 | 0.6 | 19.4 | 2.6 | -35.3% |
Total | 43.3 | 30.3 | 39.3 | 34.8 | -7.0% |
Top Suppliers of Cranes; Tower Cranes to Australia in 2022:
- Spain (197.0 units)
- Germany (104.0 units)
- Italy (67.0 units)
- Malaysia (44.0 units)
- United Kingdom (27.0 units)
- China (27.0 units)
- France (22.0 units)
- New Zealand (14.0 units)
Cranes; Tower Cranes Exports in Australia
After three years of growth, overseas shipments of cranes; tower craneses decreased by -28.8% to 52 units in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 135%. As a result, the exports attained the peak of 73 units, and then contracted rapidly in the following year.
In value terms, cranes; tower cranes exports dropped significantly to $4.6M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 152%. As a result, the exports attained the peak of $6.6M, and then fell rapidly in the following year.
Export of Cranes; Tower Cranes in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 2,231 | 885 | 3,741 | 3,497 | 16.2% |
New Zealand | 97.2 | 408 | 942 | 881 | 108.5% |
United Kingdom | 8.8 | 1,281 | 95.2 | 239 | 200.6% |
Germany | N/A | N/A | 48.8 | N/A | 0% |
Poland | N/A | N/A | 88.6 | N/A | 0% |
South Africa | N/A | 1.3 | N/A | N/A | 0% |
Others | 192 | 49.8 | 1,694 | N/A | 197.0% |
Total | 2,529 | 2,625 | 6,610 | 4,617 | 22.2% |
Top Export Markets for Cranes; Tower Cranes from Australia in 2022:
- Taiwan (Chinese) (39.0 units)
- New Zealand (10.0 units)
- United Kingdom (3.0 units)
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