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

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

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Price for Mechanical Shovel and Excavator in Germany - 2023

Contents:

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

Price for Mechanical Shovel and Excavator in Germany (FOB) - 2023

In June 2023, the average mechanical shovel and excavator export price amounted to $16,288 per unit, declining by -2.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in May 2023 an increase of 19% against the previous month. The export price peaked at $18,576 per unit in March 2023; afterwards, it flattened through to June 2023.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Australia ($27,947 per unit), while the average price for exports to Denmark ($8,465 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average mechanical shovel and excavator import price stood at $23,734 per unit in June 2023, picking up by 2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $25,056 per unit; afterwards, it flattened through to June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was France ($31,756 per unit), while the price for China ($14,533 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mechanical Shovel and Excavator in Germany

In 2022, approx. 45K units of mechanical shovels, excavators and shovel loaders were exported from Germany; leveling off at the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mechanical shovel and excavator exports contracted to $2.9B in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $3.2B, and then declined in the following year.

Export of Mechanical Shovel and Excavator in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands428344465421-0.5%
France348312370341-0.7%
United States2371411702400.4%
Poland1801572262135.8%
Sweden163137168148-3.2%
United Kingdom154115158137-3.8%
Canada96.449.978.813612.2%
Austria183126154129-11.0%
Italy76.688.011311815.5%
Belgium11611514395.3-6.3%
Czech Republic69.656.083.789.18.6%
Switzerland90.475.887.685.5-1.8%
Denmark63.969.578.770.23.2%
Others821795923721-4.2%
Total3,0282,5823,2192,945-0.9%

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

  1. Netherlands (12.7K units)
  2. Poland (4.6K units)
  3. France (3.6K units)
  4. United States (3.5K units)
  5. Austria (2.1K units)
  6. Sweden (1.6K units)
  7. Canada (1.5K units)
  8. Belgium (1.5K units)
  9. United Kingdom (1.4K units)
  10. Denmark (1.3K units)
  11. Italy (1.2K units)
  12. Czech Republic (1.1K units)
  13. Switzerland (1.1K units)

Imports of Mechanical Shovel and Excavator in Germany

In 2022, the amount of mechanical shovels, excavators and shovel loaders imported into Germany expanded modestly to 44K units, with an increase of 2.5% against the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, mechanical shovel and excavator imports fell to $2.5B in 2022. In general, imports saw a mild increase. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports attained the peak of $2.6B, and then declined in the following year.

Import of Mechanical Shovel and Excavator in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4133894884321.5%
Belgium14931339840839.9%
France380358411352-2.5%
Austria2863093403446.3%
Sweden16818421622710.6%
United Kingdom239179191202-5.5%
China13092.614919113.7%
Japan22872.513177.7-30.2%
Czech Republic40.544.053.271.520.9%
Italy74.735.949.147.5-14.0%
United States10447.954.629.5-34.3%
Others18787.511687.5-22.4%
Total2,4002,1132,5962,4701.0%

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

  1. Netherlands (11.8K units)
  2. China (7.0K units)
  3. Belgium (5.7K units)
  4. Austria (5.2K units)
  5. United Kingdom (3.6K units)
  6. France (3.0K units)
  7. Sweden (2.0K units)
  8. Czech Republic (1.8K units)
  9. Italy (1.2K units)
  10. Japan (0.9K units)
  11. United States (0.3K units)

Source: IndexBox Market Intelligence Platform

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

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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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Free Data: Mechanical Shovels, Excavators And Shovel Loaders - Germany