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REGION REPORT | OCEANIA


WIZARD LIFTS IN OZ


Imports, labour shortages, long distances – the hoist industry in Australia and New Zealand is surviving all of these and the pandemic as well. Julian Champkin reports.


A


ustralia and New Zealand are a long way from almost everywhere except, perhaps, China. That makes them


vulnerable: “The industry has a high exposure to import penetration, which contributes to over half the domestic demand,” say market analysts Ibis World,


in a report dated September 2020. Which is another way of saying that imported cranes take 62.5% of the domestic market. Add shortages of skilled labour, and the high cost of all labour, and makers of hoists and cranes in Australia and New Zealand might seem to have the odds stacked against them.


Even so, the Ibis report tells us that the


number of businesses in the Overhead Crane Manufacturing industry in Australia has remained steady over the past five years. And this despite Covid, which of course has not helped: “The COVID-19 outbreak and subsequent economic recession are likely to moderately affect


R Eilbeck gantry cranes lift concrete segments for the Melbourne Metro. www.hoistmagazine.com | July 2021 | 37


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