Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia - 2024

Contents:

1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia (FOB) - 2022
2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia (CIF) - 2022
3. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia
4. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia (FOB) - 2022

In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $725 per unit, rising by 31% against the previous year. Over the period under review, the export price, however, showed a mild downturn. Over the period under review, the average export prices attained the maximum at $1,022 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($3,581 per unit), while the average price for exports to Mauritius ($76 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 Philippines (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia (CIF) - 2022

The average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $90 per unit in 2022, with a decrease of -18.9% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 828% against the previous year. The import price peaked at $856 per unit in 2013; however, from 2014 to 2022, import prices stood 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 the United States ($121 per unit), while the price for South Korea ($38 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.0%), while the prices for the other major suppliers experienced a decline.

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia

In 2022, the amount of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses exported from Australia declined significantly to 9.4K units, reducing by -41% compared with 2021 figures. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. The exports peaked at 17K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses fell significantly to $6.8M in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports of hit record highs at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Australia in 2022:

1. Indonesia (1451.0 units)
2. Singapore (1432.0 units)
3. Mozambique (1128.0 units)
4. United Kingdom (646.0 units)
5. United States (530.0 units)
6. New Zealand (512.0 units)
7. Thailand (460.0 units)
8. Papua New Guinea (457.0 units)
9. Mauritius (392.0 units)
10. Philippines (346.0 units)
11. Canada (337.0 units)
12. South Africa (252.0 units)
13. Nigeria (193.0 units)

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Australia

In 2022, after three years of growth, there was significant decline in purchases abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses, when their volume decreased by -11.1% to 69K units. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Over the period under review, imports of hit record highs at 78K units in 2021, and then shrank in the following year.

In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses shrank dramatically to $6.2M in 2022. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 6.1%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Australia in 2022:

1. China (57.0K units)
2. United States (8.1K units)
3. South Korea (1.8K units)
4. Italy (0.1K units)

Source: IndexBox Market Intelligence Platform