The market is dominated by domestic suppliers, as imports account for 18.7% of total market size in 2023. Investments drive market demand, with investments representing 55.8% of total demand in 2023. Australia has the 10th largest market size for ships and boats across the top 20 developed countries, with demand reaching USD5.3 billion in 2023. Austal Ltd is the largest company in Australia, generating 6.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 21.2% of total production value in 2023. The total number of companies decreases in 2023, to 1,954 units. The costs of the industry decrease by 3.1% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 8.3% of production value in 2023, the 11th highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 17.4% of total production output. With production value of USD6.0 billion, Australia accounts for 90.3% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Ships and Boats in Australia: ISIC 351. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Ships and Boats in Australia: ISIC 351 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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