Dredgers Price in China - 2023

Contents:

1. Dredgers Price in China (FOB) - 2022
2. Dredgers Price in China (CIF) - 2022
3. Dredgers Exports in China
4. Dredgers Imports in China

Dredgers Price in China (FOB) - 2022

In 2022, the average dredgers export price amounted to $4,090,346 per unit, with a decrease of -41.2% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 169%. The export price peaked at $6,956,938 per unit in 2021, and then fell markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($6,451,090 per unit), while the average price for exports to Mozambique ($2,324,558 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+52.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dredgers Price in China (CIF) - 2022

In November 2022, the average dredgers import price amounted to $4.8M per unit, approximately reflecting the previous month. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level of $4.8M per unit; afterwards, it flattened through to November 2022.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From March 2022 to November 2022, the rate of growth in terms of prices for Japan amounted to -0.1% per month.

Dredgers Exports in China

In 2022, approx. 79 units of dredgerses were exported from China; waning by -36.8% against the previous year. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 221% against the previous year. The exports peaked at 138 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, dredgers exports fell rapidly to $323M in 2022. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 734%. As a result, the exports attained the peak of $870M, and then contracted dramatically in the following year.

Top Export Markets for Dredgers from China in 2022:

1. Iraq (24.0 units)
2. Sri Lanka (12.0 units)
3. Venezuela (12.0 units)
4. Thailand (4.0 units)
5. United Arab Emirates (2.0 units)
6. Mozambique (2.0 units)
7. Saudi Arabia (1.0 units)
8. Tanzania (1.0 units)
9. Russia (1.0 units)

Dredgers Imports in China

In 2022, purchases abroad of dredgerses decreased by 0% to 2 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dredgers imports totaled $9.6M in 2022. Over the period under review, imports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Dredgers to China in 2022:

1. Japan (2.0 units)

Source: IndexBox Market Intelligence Platform