The Australian construction and mining equipment market grew by 17% in the first half of 2011 relative to the same period in 2010.
Data released by the Construction and Mining Equipment Industry Group (CMEIG) showed that hydraulic excavators rose 15.2%, wheel loaders were up 9.6% and rigid dump trucks increased 31.8%, while sales of articulated dump trucks dipped 3.3%.
Chief executive of CMEIG, John Reid, says the growth was shared unevenly between states with Queensland and Western Australia the drivers of this year`s growth. Victoria recorded a small gain in sales and the remaining states saw a drop in their figures.
Market share in first half of 2010/2011
| 2010 | 2011 | |
| NSW | 25.9% | 22.5% |
| VIC | 19.7% | 20.3% |
| QLD | 23.9% | 30.1% |
| SA | 9.2% | 6.2% |
| WA | 16.5% | 17.2% |
| TAS | 2.9% | 2.2% |
| NT | 1.9% | 1.5% |
