16/04/2021

16 April 2021
16 April 2021, Comments Comments Off on Australian market shows strong growth in Caravan Trailer International Trade figures for February 2021
Australian market shows strong growth in Caravan Trailer International Trade figures for February 2021

The Caravan Trailer International Trade figures for February 2021 released by the Caravan Industry Association of Australia show a 14 percent increase in the total rolling annual imports to 11,609 units compared to this time last year.

The data, provided by the Australian Bureau of Statistics International Trade Data series, shows a total of 1169 units were imported into Australia in February, representing a record 88 percent increase on the previous year; however, although consumer demand continues to remain high, the significant growth is also reflective of weakened trading conditions in February 2020 as the initial lockdowns in China impacted the Australian import market.

This high growth trend is expected to continue over the coming months as the market continues to return to trend from the declines experienced in the first two quarters of 2020.

Year to date, imports are 67 percent higher than this time in 2020, with 2540 units arriving in Australia.