World - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

World - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Mechanical Shovel and Excavator Market

Mechanical shovel and excavator market: find recently published facts and figures secured by an Ai-driven market intelligence platform. Information include production, market prices, companies, imports, consumption, market size, exports, and trade. Here is a split by region, including China, the U.K., Africa, the U.S., the Middle East, EU, Russia, and Latin America. Market dynamics and outlook to 2030 are also provided in the reports.


Need Mechanical Shovel and Excavator Market data? GET FREE ACCESS

Mechanical Shovel and Excavator - World's Largest Markets

RatingCountry
1United States
2Dominican Republic
3China
4Japan

In value terms, the United States led the market, alone. The second position in the ranking was occupied by the Dominican Republic. It was followed by China.

From 2018 to 2020, the average annual growth rate of value in the United States totaled +19.0%. The remaining consuming countries recorded the following average annual rates of market growth: the Dominican Republic (+3,986.9% per year) and China (+0.7% per year).

Mechanical Shovel And Excavator Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Czech Republic2432623937252351.8%
United Kingdom2611230770302947.7%
India330583094531971-1.7%
Italy3640533823404935.5%
Japan467234657942121-5.1%
Netherlands35508408284671414.7%
China504844493246971-3.5%
France39850468185325415.6%
Belgium587115722253709-4.4%
United States562145553156064-0.1%
Austria43519404976303420.4%
Germany697696810164812-3.6%
South Korea39558427266595029.1%
Average4405244629461672.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Korea ($65,950 per unit), while the Czech Republic ($25,235 per unit) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Australia693647687267540-1.3%
Canada35752652116452234.3%
China663475625261757-3.5%
Germany640836187357758-5.1%
Russia573275812056787-0.5%
Belgium42018542325278512.1%
United States585195898652448-5.3%
France524584403942404-10.1%
Netherlands488174640642098-7.1%
United Kingdom492663957033474-17.6%
Dominican Republic739195977255-97.3%
Average476335160227852-23.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Australia ($67,540 per unit), while the Dominican Republic ($55 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 mixed trends in the import price figures.

Looking for Local Partners?

Connect with the right partners to expand your reach.
Book a free 30-minute consultation to find your match.

Book Your Free Call
Aleksandr Romanenko
Aleksandr Romanenko

Mechanical Shovel and Excavator - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States6.16.94-18.6%
Germany2.12.42.1-0.8%
Canada2.82.31.8-19.3%
Netherlands21.91.8-6.2%
Belgium11.21.725.7%

In value terms, the largest mechanical shovel and excavator importing markets worldwide were the United States ($4B), Germany ($2.1B) and Canada ($1.8B), together comprising 25% of global imports. These countries were followed by the Netherlands, Belgium, France, Australia, China, Russia, the UK and the Dominican Republic, which together accounted for a further 28%.

In terms of the main importing countries, Belgium saw 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 mixed trends in the imports figures.

Mechanical Shovel and Excavator - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan9.58.97.3-12.3%
China3.83.93.80.0%
Germany332.6-7.3%
South Korea3.82.92.5-18.3%
United States3.93.12.5-20.3%

In value terms, Japan ($7.3B), China ($3.8B) and Germany ($2.6B) were the countries with the highest levels of exports in 2020, with a combined 44% share of global exports. These countries were followed by South Korea, the United States, the Netherlands, the UK, Belgium, France, Austria, Italy, the Czech Republic and India, which together accounted for a further 46%.

Belgium saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Mechanical Shovel and Excavator - Market Forecast

Driven by increasing demand for mechanical shovel and excavator worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Mechanical Shovel and 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.

Mechanical Shovel and Excavator - Product Coverage

  • HS 842951 - Front-end shovel loaders
  • HS 842952 - Mechanical shovels, excavators and shovel loaders; with a 360 degree revolving super structure
  • HS 842959 - Mechanical shovels, excavators and shovel loaders; n.e.s. in item no. 8429.50

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for mechanical shovel and excavator. 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 28922530 - Loaders specially designed for underground use
  • Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
  • Prodcom 28922600 - Self-propelled bulldozers... with a .360
  • Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
Blog
Event
World - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
$599
Mar 1, 2024
Eye 855

This report provides an in-depth analysis of the global market for mechanical shovel and excavator.

World - Bulldozers And Angle Dozers - Market Analysis, Forecast, Size, Trends and Insights
$599
Mar 15, 2024
Eye 1392

This report provides an in-depth analysis of the global bulldozer market.

World - Crawler Dozers - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 15, 2024
Eye 645

This report provides an in-depth analysis of the global crawler dozer market.

World - Motor Graders And Levellers - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 13, 2024
Eye 528

This report provides an in-depth analysis of the global motor grader market.

World - Motor Scrapers - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 1, 2024
Eye 483

This report provides an in-depth analysis of the global motor scraper market.

World - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 24, 2024
Eye 373

This report provides an in-depth analysis of the global ride-on compaction equipment market.

World - Self-Propelled Bulldozers (360° Rotation) - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 1, 2024
Eye 403

This report provides an in-depth analysis of the global full-rotation excavator market.

World - Self-Propelled Bulldozers And Excavators - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 1, 2024
Eye 560

This report provides an in-depth analysis of the global self-propelled bulldozer market.

World - Undergrpound-Specific Loaders - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 1, 2024
Eye 377

Global Undergrpound-Specific Loader Market Report 2018. This report provides an in-depth analysis of the global undergrpound-specific loader market.

World - Wheeled Dozers - Market Analysis, Forecast, Size, Trends And Insights
$599
Mar 15, 2024
Eye 363

This report provides an in-depth analysis of the global wheeled dozer market.

World's Best Import Markets for Mechanical Shovel and Excavator
Jan 12, 2024
Eye 245

Explore the top import markets for mechanical shovel and excavator worldwide. Discover key statistics and numbers from the IndexBox market intelligence platform.

Which Country Imports the Most Mechanical Appliances for Projecting in the World?
Jul 26, 2018
Eye 1273

In value terms, mechanical appliances for projecting imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern in...

Which Country Exports the Most Mechanical Appliances for Projecting in the World?
Jul 26, 2018
Eye 1083

In value terms, mechanical appliances for projecting exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...

Top Import Markets for Bulldozers in 2023
Mar 25, 2024
Eye 86

Explore the top import markets for bulldozers in the world in 2023. Learn about the countries with the highest import values for these essential heavy machinery.

Top Import Markets for Bulldozers Around the World
Mar 21, 2024
Eye 84

Discover the top import markets for bulldozers, including the United States, Canada, Australia, and more. Learn about the key statistics and import values in the global bulldozer market.

Which Country Imports the Most Bulldozers and Angle Dozers in the World?
May 28, 2018
Eye 889

Global bulldzer imports amounted to X tons in 2016, going down by -X% against the previous year figure. In general, bulldzer imports continue to indicate a measured deduction. The pace of growth...

Which Country Exports the Most Bulldozers and Angle Dozers in the World?
May 28, 2018
Eye 1583

Global bulldzer imports amounted to X tons in 2016, going down by -X% against the previous year figure. In general, bulldzer imports continue to indicate a measured deduction. The pace of growth...

Key Import Markets for Crawler Dozer in 2023
Mar 21, 2024
Eye 95

Explore the top countries by import value of crawler dozers in 2023. Discover the leading markets driving the global demand for heavy machinery.

The Largest Import Markets for Full-Rotation Excavators
Jan 19, 2024
Eye 216

Explore the top import markets for Full-Rotation Excavators and their import values. Discover key countries dominating the market and the reasons behind their demand. Uncover lucrative opportunities in these thriving markets.

Top Import Markets for Self-Propelled Bulldozer
Mar 27, 2024
Eye 56

Explore the top import markets for self-propelled bulldozers around the world based on import value. Discover key statistics and insights from the IndexBox market intelligence platform.

Free Data: Mechanical Shovels, Excavators And Shovel Loaders - World