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Thailand - Bulldozers And Angle Dozers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Thailand - Bulldozers And Angle Dozers - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Aug 3, 2023

The Price of Bulldozers in Thailand Drops to $216K Each

Thailand Bulldozer Export Price in June 2023

In June 2023, the bulldozer price amounted to $216K per unit (FOB, Thailand), which is down by -8.4% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 11% month-to-month. The export price peaked at $236K per unit in May 2023, and then reduced in the following month.

Average prices varied somewhat for the major export markets. In June 2023, the highest price was recorded for prices to Saudi Arabia ($273K per unit) and New Zealand ($246K per unit), while the average price for exports to Singapore ($194K per unit) and France ($195K per unit) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Bulldozer in Thailand (thousand USD per unit)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Saudi Arabia234227231236N/AN/A251259264273N/A271273
New Zealand241N/AN/A213190N/AN/AN/AN/AN/AN/AN/A246
United Arab Emirates240237245163187188162N/A212193193262237
Australia168233215212209204217220235246242253236
United States230N/A222211208214229238233231228232232
India161180235N/A176201208N/A254193N/A233227
South Africa214154178217174205N/A189198207N/A221207
Indonesia187203209178159201201246226193211191202
Philippines241190N/A145190209229193188273233N/A195
France153400195N/A158184238179208181N/A225195
Singapore323N/A313N/A176188N/AN/A94.0178N/AN/A194
Average214203217197187199220235234232215236216

Thailand Bulldozer Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In June 2023, the product with the highest price was crawler dozers ($220K per unit), while the average price for exports of wheeled dozers amounted to $25,961 per unit.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for the following types: wheeled dozer (+36.1%).

Thailand Bulldozer Exports

In June 2023, overseas shipments of bulldozers and angle dozers increased by 16% to 196 units, rising for the second month in a row after three months of decline. In general, exports continue to indicate a pronounced expansion. The pace of growth appeared the most rapid in May 2023 when exports increased by 125% m-o-m. The exports peaked in June 2023.

In value terms, bulldozer exports expanded remarkably to $42M (IndexBox estimates) in June 2023. Overall, exports posted moderate growth. The pace of growth was the most pronounced in May 2023 when exports increased by 147% month-to-month. Over the period under review, the exports reached the peak figure at 45M units in January 2023; however, from February 2023 to June 2023, the exports remained at a lower figure.

Thailand Bulldozer Exports by Type

Crawler dozers (192 units) was the largest type of bulldozer exported from Thailand, with a 98% share of total exports. It was followed by wheeled dozers (4 units), with a 2% share of total exports.

From June 2022 to June 2023, the average monthly growth rate of the volume of export of crawler dozers totaled +3.8%.

In value terms, crawler dozers ($42M) remains the largest type of bulldozer exported from Thailand, comprising 100% of total exports. The second position in the ranking was taken by wheeled dozers ($104K), with a 0.2% share of total exports.

From June 2022 to June 2023, the average monthly rate of growth in terms of the export volume of crawler dozers stood at +4.0%.

Thailand Bulldozer Exports by Country

Indonesia (57 units), the United States (48 units) and South Africa (20 units) were the main destinations of bulldozer exports from Thailand, together accounting for 64% of total exports.

From June 2022 to June 2023, the biggest increases were in Indonesia (with a CAGR of +17.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bulldozer exported from Thailand were Indonesia ($12M), the United States ($11M) and South Africa ($4.1M), together accounting for 63% of total exports.

Among the main countries of destination, Indonesia, with a CAGR of +18.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bulldozer market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28922130 - Crawler dozers (excluding wheeled)
  • Prodcom 28922150 - Wheeled dozers (excluding track-laying)

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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