Canada - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Mechanical Shovel and Excavator in Canada - 2023
Contents:
- Price for Mechanical Shovel and Excavator in Canada (CIF) - 2022
- Price for Mechanical Shovel and Excavator in Canada (FOB) - 2022
- Imports of Mechanical Shovel and Excavator in Canada
- Exports of Mechanical Shovel and Excavator in Canada
Price for Mechanical Shovel and Excavator in Canada (CIF) - 2022
In 2022, the average mechanical shovel and excavator import price amounted to $77,006 per unit, surging by 11% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $78,883 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($87,317 per unit), while the price for Germany ($48,434 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mechanical Shovel and Excavator in Canada (FOB) - 2022
The average mechanical shovel and excavator export price stood at $39,457 per unit in 2022, declining by -17.2% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 5% against the previous year. Over the period under review, the average export prices reached the maximum at $63,693 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($59,504 per unit), while the average price for exports to Mexico ($12,475 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 Egypt (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mechanical Shovel and Excavator in Canada
In 2022, mechanical shovel and excavator imports into Canada expanded rapidly to 43K units, growing by 12% against the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, mechanical shovel and excavator imports soared to $3.3B in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Mechanical Shovel and Excavator in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,250 | 909 | 1,234 | 1,382 | 3.4% |
| Japan | 527 | 461 | 725 | 936 | 21.1% |
| China | 81.6 | 58.1 | 166 | 231 | 41.5% |
| South Korea | 86.7 | 84.9 | 114 | 164 | 23.7% |
| Germany | 112 | 59.6 | 97.4 | 157 | 11.9% |
| United Kingdom | 81.3 | 64.3 | 75.7 | 105 | 8.9% |
| Thailand | 35.0 | 16.1 | 38.8 | 62.4 | 21.3% |
| Others | 171 | 139 | 190 | 250 | 13.5% |
| Total | 2,345 | 1,793 | 2,642 | 3,288 | 11.9% |
Top Suppliers of Mechanical Shovel and Excavator to Canada in 2022:
- United States (17.1K units)
- Japan (11.4K units)
- China (3.7K units)
- Germany (3.2K units)
- South Korea (2.2K units)
- United Kingdom (1.2K units)
- Thailand (1.1K units)
Exports of Mechanical Shovel and Excavator in Canada
In 2022, approx. 3K units of mechanical shovels, excavators and shovel loaders were exported from Canada; rising by 50% against the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mechanical shovel and excavator exports surged to $120M in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mechanical Shovel and Excavator in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.1 | 73.6 | 63.8 | 85.0 | 8.2% |
| Mexico | 5.3 | 5.9 | 5.5 | 8.2 | 15.7% |
| Australia | 1.2 | 4.6 | 6.3 | 5.2 | 63.0% |
| Egypt | 3.0 | 3.1 | 3.9 | 2.8 | -2.3% |
| Peru | 2.1 | 1.9 | 2.8 | 2.4 | 4.6% |
| Vietnam | 1.4 | 0.9 | 1.3 | 1.6 | 4.6% |
| Hong Kong SAR | 3.3 | 3.0 | 1.4 | 0.1 | -68.8% |
| Others | 13.4 | 14.6 | 11.3 | 14.6 | 2.9% |
| Total | 96.7 | 108 | 96.2 | 120 | 7.5% |
Top Export Markets for Mechanical Shovel and Excavator from Canada in 2022:
- United States (1862.0 units)
- Mexico (659.0 units)
- Australia (87.0 units)
- Egypt (70.0 units)
- Peru (50.0 units)
- Vietnam (38.0 units)
- Hong Kong SAR (2.0 units)
This report provides an in-depth analysis of the market for mechanical shovel and excavator in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
-
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
-
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
-
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
-
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
-
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
345
This report provides an in-depth analysis of the market for mechanical shovel and excavator in Canada.
641
This report provides an in-depth analysis of the bulldozer market in Canada.
371
This report provides an in-depth analysis of the crawler dozer market in Canada.
382
This report provides an in-depth analysis of the motor grader market in Canada.
288
This report provides an in-depth analysis of the motor scraper market in Canada.
271
This report provides an in-depth analysis of the ride-on compaction equipment market in Canada.
328
This report provides an in-depth analysis of the full-rotation excavator market in Canada.
357
This report provides an in-depth analysis of the self-propelled bulldozer market in Canada.
300
This report provides an in-depth analysis of the undergrpound-specific loader market in Canada.
352
This report provides an in-depth analysis of the wheeled dozer market in Canada.
340
The price of the Bulldozer remained stable at $328K per unit (CIF, Canada) in June 2023, similar to the previous month.
238
In February 2023, the wheeled dozer price amounted to $1.5M per unit (CIF, Canada), picking up by 111% against the previous month.
281
Explore the top import markets for mechanical shovel and excavator worldwide. Discover key statistics and numbers from the IndexBox market intelligence platform.
1313
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...
1117
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...
135
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.
126
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.
918
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...
1632
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...
125
Explore the top countries by import value of crawler dozers in 2023. Discover the leading markets driving the global demand for heavy machinery.
