MARKETS

Equipment import figures mask reality

AUSTRALIAN machinery import volumes skyrocketed in January, increasing 133% to 5743 units compare...

Staff Reporter
Equipment import figures mask reality

However the results were significantly skewed as the report noted that two categories which recorded huge increases comprise many smaller pieces of equipment.

These categories included road making equipment, up from 38 units in December to 2278 units in January, and track typed lifting equipment, recording 1039 units from just 3 units in the previous month.

Skelton Sherborne said the reason for the significant spike in these two categories may have been because small equipment was imported in bulk.

Excluding these particular categories, the number of other heavy equipment remained stagnant at 2426 units, two units less than December.

Bulldozers were in high demand with a jump of 32% to 98 units and dump trucks had a modest increase of 11% to 278 units.

However, these were offset by a slide in excavator imports with excavators less than 12t falling 22% and those over 12t slumping 28%.

This article first appeared in ILN's sister publication ConstructionIndustry News.net.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets