Australia: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Australia

The Australian market for equipment for scaffolding, shuttering, propping or pit propping skyrocketed to $X in 2023, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a resilient increase. Over the period under review, the market hit record highs in 2023 and is likely to see steady growth in the immediate term.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Australia

In 2023, scaffolding, shuttering, and propping equipment exports from Australia dropped notably to X tons, waning by X% compared with the previous year's figure. Over the period under review, exports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2022 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports declined significantly to $X in 2023. In general, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

India (X tons), Papua New Guinea (X tons) and Egypt (X tons) were the main destinations of scaffolding, shuttering, and propping equipment exports from Australia, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X) emerged as the key foreign market for equipment for scaffolding, shuttering, propping or pit propping exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Papua New Guinea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and India (X% per year).

Export Prices by Country

In 2023, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, reducing by X% against the previous year. In general, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Tuvalu ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mali (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Australia

In 2023, overseas purchases of equipment for scaffolding, shuttering, propping or pit propping increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, scaffolding, shuttering, and propping equipment imports dropped to $X in 2023. Overall, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of scaffolding, shuttering, and propping equipment to Australia, accounting for a X% share of total imports. Moreover, scaffolding, shuttering, and propping equipment imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of equipment for scaffolding, shuttering, propping or pit propping to Australia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform