Republic of Korea - Bulldozers And Angle Dozers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulldozer Price in South Korea - 2022
Contents:
- Bulldozer Price in South Korea (CIF) - 2022
- Bulldozer Price in South Korea (FOB) - 2022
- Bulldozer Imports in South Korea
- Bulldozer Exports in South Korea
Bulldozer Price in South Korea (CIF) - 2022
The average bulldozer import price stood at $84,064 per unit in December 2022, waning by -41.2% against the previous month. In general, the import price showed a abrupt decrease. The growth pace was the most rapid in August 2022 when the average import price increased by 103% against the previous month. Over the period under review, average import prices reached the maximum at $167K per unit in December 2021; however, from January 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($148K per unit), while the price for Japan ($71,061 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Australia (0.0%), while the prices for the other major suppliers experienced a decline.
Bulldozer Price in South Korea (FOB) - 2022
The average bulldozer export price stood at $118K per unit in December 2022, approximately reflecting the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 when the average export price increased by 97% month-to-month. Over the period under review, the average export prices attained the peak figure at $118K per unit in June 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably for the major foreign markets. In December 2022, the highest price was recorded for prices to Qatar ($118K per unit) and the United States ($118K per unit), while the average price for exports to Vietnam ($116K per unit) and Egypt ($118K per unit) were amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bulldozer Imports in South Korea
In 2022, imports of bulldozers and angle dozers into South Korea contracted to 72 units, with a decrease of -7.7% compared with the previous year. In general, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. Imports peaked at 137 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bulldozer imports declined to $9.3M in 2022. Over the period under review, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Bulldozer in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.2 | 3.9 | 5.7 | 5.2 | -17.3% |
| Japan | 4.1 | 0.8 | 3.5 | 1.8 | -24.0% |
| Poland | 1.4 | 1.3 | N/A | 1.5 | 2.3% |
| France | 2.3 | 2.0 | 0.7 | 0.7 | -32.7% |
| Thailand | 1.6 | N/A | N/A | N/A | 0% |
| China | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Total | 18.9 | 8.2 | 10.1 | 9.3 | -21.1% |
Top Suppliers of Bulldozer to South Korea in 2022:
- United States (40.0 units)
- Japan (15.0 units)
- Poland (10.0 units)
- France (5.0 units)
- China (1.0 units)
Bulldozer Exports in South Korea
After two years of decline, overseas shipments of bulldozers and angle dozers increased by 38% to 108 units in 2022. Overall, exports, however, recorded a drastic downturn. Over the period under review, the exports attained the maximum at 190 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bulldozer exports surged to $12M in 2022. In general, exports continue to indicate a temperate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bulldozer in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.3 | 0.1 | 0.1 | 10.6 | 228.1% |
| Egypt | 1.0 | 0.1 | 0.2 | 0.6 | -15.7% |
| Philippines | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Jordan | 0.5 | 0.2 | 0.1 | N/A | -55.3% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 1.3 | 0.3 | 0.2 | N/A | -60.8% |
| Myanmar | N/A | 0.8 | N/A | N/A | 0% |
| Angola | 6.6 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.4 | 1.0 | 0.3 | -33.1% |
| Total | 10.8 | 2.0 | 1.9 | 11.6 | 2.4% |
Top Export Markets for Bulldozer from South Korea in 2022:
- United States (90.0 units)
- Philippines (7.0 units)
- Egypt (5.0 units)
This report provides an in-depth analysis of the bulldozer market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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