Monthly Truck & Equipment Update January 2022

Read our monthly update on truck price movements and import levels into Australia.

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• Monthly Truck & Equipment Update October 2024December 2, 2024
• Weekly Market Update 2nd December 2024December 2, 2024
• Weekly Market Update 25th November 2024November 25, 2024
• Weekly Market Update 18th November 2024November 18, 2024

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Used Truck Price Index

• Prices in January decreased, moving down by 3%
• Prices are now over 70% higher than pre-COVID
• Every month we collect thousands of truck sales across Australia from a variety of industries
• Our Used Truck Price Index is based on a basket of truck assets, ranging from tippers to prime movers to pan-techs

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Agricultural Equipment & Tractor Imports into Australia

• Import volume increased in December 2021, recording a figure of $323 million according to latest ABS figures
• This was a $83 million decrease from December 2020
• The rolling 12 month change shows imports are up 56% in December 2021 compared to 2019, although a downward trend seems to be forming

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By Tanim Ahmed, Head of Product at Datium Insights

Tanim is a Macquarie University alumni with degrees in Finance and Economics. He has spent a decade in the Leasing and Finance industry, specializing in Residual Value risk.

Please contact Datium Insights for further analytical support and advisory services.

Disclaimer: This is a general information service only and we do not provide advice or take into account your personal circumstances, financial situation or needs. Please seek professional advice with regards to how any of the material on this website can impact your own financial situation. Datium Insights is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.