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

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

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Price for Mechanical Shovel and Excavator in Bolivia - 2023

Contents:

  1. Price for Mechanical Shovel and Excavator in Bolivia (CIF) - 2023
  2. Price for Mechanical Shovel and Excavator in Bolivia (FOB) - 2022
  3. Imports of Mechanical Shovel and Excavator in Bolivia
  4. Exports of Mechanical Shovel and Excavator in Bolivia

Price for Mechanical Shovel and Excavator in Bolivia (CIF) - 2023

The average mechanical shovel and excavator import price stood at $62,919 per unit in September 2023, therefore, remained relatively stable against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 4.9% against the previous month. The import price peaked at $63,487 per unit in May 2023; afterwards, it flattened through to September 2023.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from the UK ($65,974 per unit) and Sweden ($65,962 per unit), while the price for Brazil ($61,684 per unit) and India ($61,866 per unit) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mechanical Shovel and Excavator in Bolivia (FOB) - 2022

The average mechanical shovel and excavator export price stood at $58,699 per unit in 2022, dropping by -35.3% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 958,645%. Over the period under review, the average export prices hit record highs at $90,772 per unit in 2021, and then shrank notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($95,103 per unit), while the average price for exports to Paraguay ($12,582 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 Ecuador (+1,867.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Shovel and Excavator in Bolivia

In 2022, imports of mechanical shovels, excavators and shovel loaders into Bolivia surged to 1.8K units, rising by 117% against the previous year. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mechanical shovel and excavator imports surged to $122M in 2022. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mechanical Shovel and Excavator in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.211.313.038.756.0%
Brazil34.58.912.430.5-4.0%
Japan13.27.99.913.1-0.3%
South Korea4.42.36.010.232.3%
India1.40.91.17.978.0%
Belgium5.64.28.26.34.0%
Sweden4.83.75.95.22.7%
United States8.04.53.14.1-20.0%
France1.81.31.91.91.8%
Others9.15.65.34.3-22.1%
Total93.050.666.81229.5%

Top Suppliers of Mechanical Shovel and Excavator to Bolivia in 2022:

  1. China (597.0 units)
  2. Brazil (386.0 units)
  3. Japan (236.0 units)
  4. South Korea (169.0 units)
  5. India (124.0 units)
  6. Belgium (105.0 units)
  7. Sweden (85.0 units)
  8. United States (40.0 units)
  9. France (32.0 units)

Exports of Mechanical Shovel and Excavator in Bolivia

In 2022, overseas shipments of mechanical shovels, excavators and shovel loaders decreased by -21.3% to 37 units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 197%. As a result, the exports reached the peak of 175 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mechanical shovel and excavator exports declined dramatically to $2.2M in 2022. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 247% against the previous year. As a result, the exports reached the peak of $10M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Mechanical Shovel and Excavator in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2857,2151,1961,71281.8%
Saudi ArabiaN/AN/AN/A2240%
Peru1,9451,018144148-57.6%
Paraguay53513227588.1-45.2%
EcuadorN/AN/A142N/A0%
ArgentinaN/A1,446N/AN/A0%
BelgiumN/A218N/AN/A0%
Colombia152130N/AN/A-14.5%
BrazilN/AN/A145N/A0%
Others6.9N/A2,364N/A1751.0%
Total2,92410,1594,2662,172-9.4%

Top Export Markets for Mechanical Shovel and Excavator from Bolivia in 2022:

  1. Chile (18.0 units)
  2. Peru (8.0 units)
  3. Paraguay (7.0 units)
  4. Saudi Arabia (4.0 units)

Source: IndexBox Market Intelligence Platform

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

  • Bolivia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bolivia
  • 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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