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Australia - Tower Cranes and Portal or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia: Market for Tower Cranes And Portal Or Pedestal Jib Cranes 2024
Market Size for Tower Cranes And Portal Or Pedestal Jib Cranes in Australia
In 2023, the Australian tower and portal cranes market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption posted pronounced growth. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.
Production of Tower Cranes And Portal Or Pedestal Jib Cranes in Australia
In value terms, tower and portal cranes production declined to $X in 2023 estimated in export price. In general, production, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.
Exports of Tower Cranes And Portal Or Pedestal Jib Cranes
Exports from Australia
In 2023, after two years of growth, there was significant decline in overseas shipments of tower cranes and portal or pedestal jib cranes, when their volume decreased by X% to X units. Overall, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, tower and portal cranes exports surged to $X in 2023. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
New Zealand (X units) was the main destination for tower and portal cranes exports from Australia, with a X% share of total exports. Moreover, tower and portal cranes exports to New Zealand exceeded the volume sent to the second major destination, Norway (X units), twofold. The third position in this ranking was held by Indonesia (X units), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Indonesia (X% per year).
In value terms, Indonesia ($X) emerged as the key foreign market for tower cranes and portal or pedestal jib cranes exports from Australia, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and New Zealand (X% per year).
Export Prices by Country
In 2023, the average tower and portal cranes export price amounted to $X per unit, surging by X% against the previous year. In general, the export price recorded buoyant growth. The growth pace was the most rapid in 2018 an increase of X%. The export price peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Nauru ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tower Cranes And Portal Or Pedestal Jib Cranes
Imports into Australia
Tower and portal cranes imports into Australia skyrocketed to X units in 2023, picking up by X% compared with 2022 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of X units. From 2016 to 2023, the growth of imports failed to regain momentum.
In value terms, tower and portal cranes imports shrank significantly to $X in 2023. Overall, imports recorded a measured expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.
Imports by Country
China (X units), the United States (X units) and Italy (X units) were the main suppliers of tower and portal cranes imports to Australia, with a combined X% share of total imports. Malaysia, Germany, the UK, India and Spain lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest tower and portal cranes suppliers to Australia were China ($X), Italy ($X) and Malaysia ($X), together accounting for X% of total imports. The United States, Germany, Spain, the UK and India lagged somewhat behind, together accounting for a further X%.
Among the main suppliers, the UK, with a CAGR of X%, 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
The average tower and portal cranes import price stood at $X per unit in 2023, shrinking by X% against the previous year. Overall, the import price, however, saw mild growth. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tower and portal cranes 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 28221440 - Tower cranes and portal or pedestal jib cranes
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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