Full-rotation Excavator Market

Full-rotation excavator market: enjoy recently published information featured by an Ai-driven BI platform. Data contain consumption, imports, trade, market size, market prices, production, exports, and companies. Here is a breakdown by region, including the U.K., EU, the U.S., Russia, China, the Middle East, Latin America, and Africa. Market dynamics and forecast to 2030 are also provided in the snapshots.


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Full-rotation Excavator - World's Largest Markets

RatingCountry
1Dominican Republic
2South Korea
3Japan
4United States
5Austria

In value terms, the Dominican Republic, South Korea and Japan were the countries with the highest levels of market value in 2020, with a combined 38% share of the global market.

Among the main consuming countries, the Dominican Republic (+3,077.5% per year) recorded the highest growth rate of market size, over the period under review, while full-rotation excavator market for the other global leaders experienced more modest paces of growth.

Full-Rotation Excavator Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Czech Republic2255422585236482.4%
Italy3563429212386724.2%
Japan482754809742725-5.9%
Austria480994331644020-4.3%
Netherlands37113418124749413.1%
South Korea4829843463486410.4%
United Kingdom20975477695178457.1%
China703335734557346-9.7%
Belgium647516473457682-5.6%
France4838349263579219.4%
Germany836108496075998-4.7%
United States1000941032661068953.3%
Average4927850464496460.4%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($106,895 per unit), while the Czech Republic ($23,648 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK (+57.1% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Canada5569411132111429043.3%
Russia6398162155680503.1%
Australia712047659663608-5.5%
China674795729862144-4.0%
Germany666896565560492-4.8%
United States664106725757077-7.3%
Belgium37335555835429720.6%
Italy4399646886522499.0%
France514934019942972-8.6%
Netherlands481034714542637-5.9%
United Kingdom562845284439218-16.5%
Saudi Arabia96932899875429-76.3%
Dominican Republic5802848059145-95.0%
Average592385894547654-10.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($114,290 per unit), while the Dominican Republic ($145 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Full-Rotation Excavator - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States3.74.42.4-20.7%
Netherlands1.71.71.5-7.6%
Belgium0.70.81.335.7%
Germany1.31.51.2-0.4%
China1.40.91.1-10.0%

In value terms, the largest full-rotation excavator importing markets worldwide were the United States ($2.4B), the Netherlands ($1.5B) and Belgium ($1.3B), with a combined 27% share of global imports. These countries were followed by Germany, China, Canada, France, Australia, Italy, the UK, Russia, Saudi Arabia and the Dominican Republic, which together accounted for a further 34%.

In terms of the main importing countries, Saudi Arabia (+179.9% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Full-Rotation Excavator - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan87.55.9-14.2%
South Korea3.22.62.3-16.3%
China1.92.22.27.5%
Netherlands1.51.61.87.4%
Germany221.7-8.2%

In value terms, Japan ($5.9B) remains the largest full-rotation excavator supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by South Korea ($2.3B), with a 11% share of global exports. It was followed by China, with a 11% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Japan amounted to -14.2%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-16.3% per year) and China (+7.5% per year).

Full-Rotation Excavator - Market Forecast

The full-rotation excavator market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.2% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Full-Rotation Excavator - Top Companies

Liaoning Ruicheng Liugong Machinery Equipment Co.,Ltd., Caterpillar Inc., KOMATSU LTD., Dingsheng Tiangong Engineering Machinery Sales Co., Ltd., Liebherr-Intertrading SA, HITACHI CONSTRUCTION MACHINERY CO., LTD., SUMITOMO HEAVY INDUSTRIES, LTD., Sany Heavy Industry Co., Ltd., XCMG Construction Machinery Co., Ltd., Terex Corporation, Shanghai Zhenhua Heavy Industries Co., Ltd., J.C.B. SERVICE, Clark Equipment Company, CATERPILLAR JAPAN LLC., Caterpillar Global Mining LLC, Jlg Industries, Inc., Volvo Group Korea Co., Ltd., Wacker Neuson SE, Guangxi Liugong Machinery Co., Ltd., KOBELCO CONSTRUCTION MACHINERY CO., LTD.

Full-rotation Excavator - Product Coverage

  • HS 842952 - Mechanical shovels, excavators and shovel loaders; with a 360 degree revolving super structure
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