The crane market in أستراليا and Oceania edged down to $X in 2020, down -X% year-on-year. Overall, consumption continued to show a relatively flat trend pattern. The most significant growth rate occurred in 2018, when the market cap increased by X% year-over-year. Consumption levels peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain momentum.
In terms of value, crane production is estimated to have increased marginally to $X in 2020 at export prices. During the period under review, however, production showed a marked decline. The most significant growth rate occurred in 2012, when production increased by X% over the previous year. During the period under review, production hit an all-time high of $X in 2007; however, from 2008 to 2020, production has remained low.
As a Chinese crane supplier, Dongqi Crane has a number of cooperation orders for crane projects in Australia and Oceania. Taking Australia as an example, in the past 2021, Dongqi Crane has reached orders for 10 crane cooperation projects in Australia. Orders for cranes exported from China to Australia have fallen sharply as ocean freight rates have risen sharply. However, Dongqi is still optimistic about the crane market in Australia and Oceania in the post-epidemic era. The crane products currently provided by Dongqi Crane to Australia and Oceania include overhead cranes, gantry cranes, jib cranes, hoists, winches and various accessories.
In 2020, overseas shipments of cranes finally rose, reaching X units for the first time since 2016, ending a three-year downward trend. Overall, exports have grown strongly. In 2014, the growth rate was the fastest, with exports increasing by X% year-on-year. As a result, exports peaked at X units. Export growth failed to regain momentum between 2015 and 2020.
Crane exports contracted to $X in 2020 in value terms. Overall, exports showed a relatively stable trend pattern. The most significant growth rate occurred in 2014, when exports increased by X% year-on-year. During the period under review, exports peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain momentum.
Shipments from Australia, a major exporter of cranes, accounted for more than two-thirds of total exports. Australia is also the fastest growing in crane exports, with a CAGR of +X% from 2007 to 2020. Australia (+X pp) significantly strengthened its position in total exports, while the shares of other countries remained relatively stable throughout the analysis period.
Australia ($X) remains the largest crane supplier in Australia and Oceania by value. From 2007 to 2020, Australia has experienced an average annual growth rate of +X% in value.
Crane imports from Australia and Oceania surged to X units in 2020, a year-on-year increase of X%. Overall, there has been a marked increase in imports. The most significant growth rate was recorded in 2018, with a year-on-year increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2020, imports failed to regain momentum.
In 2020, crane imports expanded significantly to $X in value terms. During the period under review, imports showed a relatively stable trend pattern. The fastest growth rate in 2018, with a year-on-year increase of X%. Import levels peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain momentum.
Australia dominates the crane import structure, finished in X units, approx. X% of total imports in 2020. Nauru followed (X units) with X% of total imports. The following importing countries - نيوزيلندا (X units), Tokelau (X units), Cook Islands (X units), New Caledonia (X units) and Niue (X units) - - A total of X% of total imports.
From 2007 to 2020, the average annual growth rate of Australian crane imports was +X%. Meanwhile, Niue (+X%), Tokelau (+X%), Cook Islands (+X%) and Nauru (+X%) showed positive growth. In addition, Niue became the fastest growing importer in Australia and Oceania with a CAGR of +X% from 2007-2020. In contrast, New Zealand (-X%) and New Caledonia (-X%) showed a downward trend over the same period. Shares of Australia (+X pp), Tokelau (+X pp), Nauru (+X pp), Cook Islands (+X pp) and Niue (+X pp) in 2007-2020, New Zealand (+X pp) -X pp) and New Caledonia (-X pp) showed negative growth.
Australia ($X) is the largest market for imported cranes from Australia and Oceania by value, accounting for X% of total imports. In second place is New Zealand ($X) with X% of total imports. It was followed by New Caledonia with an X% share. From 2007 to 2020, Australia's average annual growth in value totaled -X%. The average annual import growth rates for the remaining importing countries are as follows: New Zealand (+X% per annum) and New Caledonia (-X% per annum).
Australia (15,000 units) is the country with the largest crane consumption, accounting for 71% of the total. In addition, crane consumption in Australia exceeds the number recorded by the second largest consumer, Nauru (1300 units) by more than ten times. New Zealand (1000 units) came in third with 4.8% of total consumption.
Australia ($48 million) remains the largest crane supplier in Australia and Oceania by value.
In 2020, the export price of cranes in Australia and Oceania was USD 9,562/unit, a decrease of -45.6% from the previous year.
The import price of cranes in Australia and Oceania in 2020 was $13,282 per unit, down -5% from the previous year.
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