Australia - Hydraulic Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydraulic Jack Price in Australia - 2023
Contents:
- Hydraulic Jack Price in Australia (CIF) - 2022
- Hydraulic Jack Price in Australia (FOB) - 2022
- Hydraulic Jack Imports in Australia
- Hydraulic Jack Exports in Australia
Hydraulic Jack Price in Australia (CIF) - 2022
In 2022, the average hydraulic jack import price amounted to $177 per unit, jumping by 53% against the previous year. In general, the import price posted a buoyant increase. The growth pace was the most rapid in 2020 when the average import price increased by 76% against the previous year. As a result, import price attained the peak level of $187 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($593 per unit), while the price for Japan ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Hydraulic Jack Price in Australia (FOB) - 2022
The average hydraulic jack export price stood at $310 per unit in 2022, waning by -22.2% against the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2017 when the average export price increased by 66%. The export price peaked at $688 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,103 per unit), while the average price for exports to New Zealand ($78 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 the United States (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.
Hydraulic Jack Imports in Australia
In 2022, after three years of growth, there was significant decline in supplies from abroad of hydraulic jacks and hoists for raising vehicles, when their volume decreased by -31.2% to 413K units. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of 600K units, and then shrank rapidly in the following year.
In value terms, hydraulic jack imports rose sharply to $73M in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 121% against the previous year. As a result, imports reached the peak of $82M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Hydraulic Jack in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.0 | 28.0 | 50.8 | 51.4 | 30.7% |
| United States | 4.7 | 42.6 | 4.7 | 5.0 | 2.1% |
| Italy | 2.6 | 3.5 | 3.0 | 3.8 | 13.5% |
| Taiwan (Chinese) | 2.2 | 2.0 | 3.0 | 3.1 | 12.1% |
| Japan | 0.1 | 0.4 | 0.4 | 0.3 | 44.2% |
| Others | 4.3 | 5.2 | 7.4 | 9.4 | 29.8% |
| Total | 36.9 | 81.7 | 69.3 | 73.0 | 25.5% |
Top Suppliers of Hydraulic Jack to Australia in 2022:
- China (365.5K units)
- Taiwan (Chinese) (17.2K units)
- United States (9.0K units)
- Japan (6.9K units)
- Italy (6.4K units)
Hydraulic Jack Exports in Australia
In 2022, hydraulic jack exports from Australia soared to 19K units, surging by 81% compared with 2021. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydraulic jack exports skyrocketed to $5.8M in 2022. Overall, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hydraulic Jack in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 455 | 0.9 | 4.3 | 1,100 | 34.2% |
| United States | 951 | 841 | 835 | 1,085 | 4.5% |
| New Zealand | 822 | 751 | 639 | 833 | 0.4% |
| China | 99.1 | 51.8 | 785 | 687 | 90.7% |
| Papua New Guinea | 546 | 293 | 256 | 323 | -16.1% |
| Singapore | 424 | 80.7 | 116 | 33.1 | -57.3% |
| Others | 2,060 | 1,630 | 1,442 | 1,691 | -6.4% |
| Total | 5,358 | 3,648 | 4,076 | 5,752 | 2.4% |
Top Export Markets for Hydraulic Jack from Australia in 2022:
- Singapore (undefinedK units)
- New Zealand (10.7K units)
- Germany (3.0K units)
- United States (1.4K units)
- Papua New Guinea (1.3K units)
- China (1.0K units)
This report provides an in-depth analysis of the hydraulic jack 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 28221350 - Hydraulic jacks and hoists for raising vehicles (excluding those for use in garages)
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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From 2022 to 2023, the import growth of Hydraulic Jack remained subdued, with imports contracting to $68M in 2023.
80
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
82
From 2022 to 2023, the import growth of Hydraulic Jack remained subdued, with imports contracting to $68M in 2023.
80
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
