Saudi Arabia - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mechanical Shovel and Excavator in Saudi Arabia - 2021
Contents:
- Price for Mechanical Shovel and Excavator in Saudi Arabia (CIF) - 2022
- Price for Mechanical Shovel and Excavator in Saudi Arabia (FOB) - 2022
- Imports of Mechanical Shovel and Excavator in Saudi Arabia
- Exports of Mechanical Shovel and Excavator in Saudi Arabia
Price for Mechanical Shovel and Excavator in Saudi Arabia (CIF) - 2022
In 2022, the average mechanical shovel and excavator import price amounted to $39,412 per unit, falling by -17.4% against the previous year. Over the period under review, the import price showed a slight slump. The most prominent rate of growth was recorded in 2021 an increase of 198% against the previous year. The import price peaked at $48,516 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($106,678 per unit), while the price for the Czech Republic ($22,028 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mechanical Shovel and Excavator in Saudi Arabia (FOB) - 2022
The average mechanical shovel and excavator export price stood at $46,082 per unit in 2022, declining by -46.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 357% against the previous year. As a result, the export price reached the peak level of $99,935 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($55,749 per unit), while the average price for exports to Georgia totaled $31,582 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mechanical Shovel and Excavator in Saudi Arabia
In 2022, overseas purchases of mechanical shovels, excavators and shovel loaders decreased by -41% to 4K units, falling for the second year in a row after two years of growth. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 114% against the previous year. As a result, imports attained the peak of 15K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mechanical shovel and excavator imports dropped notably to $156M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports attained the peak of $320M, and then declined notably in the following year.
| Import of Mechanical Shovel and Excavator in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 67.0 | 108 | 147 | 63.8 | -1.6% |
| India | 24.6 | 33.5 | 44.8 | 27.2 | 3.4% |
| South Korea | 31.6 | 29.6 | 80.1 | 14.2 | -23.4% |
| United States | 16.0 | 15.6 | 10.7 | 12.9 | -6.9% |
| Japan | 17.9 | 12.4 | 12.2 | 10.9 | -15.2% |
| Czech Republic | 7.7 | 3.3 | 7.7 | 7.5 | -0.9% |
| Italy | 2.1 | 5.5 | 2.9 | 2.9 | 11.4% |
| United Kingdom | 5.1 | 2.1 | 0.5 | 2.5 | -21.2% |
| Germany | 6.1 | 2.9 | 5.6 | 2.0 | -31.0% |
| Others | 23.2 | 21.1 | 9.0 | 12.3 | -19.1% |
| Total | 201 | 234 | 320 | 156 | -8.1% |
Top Suppliers of Mechanical Shovel and Excavator to Saudi Arabia in 2022:
- China (1055.0 units)
- India (763.0 units)
- United States (398.0 units)
- Czech Republic (339.0 units)
- Japan (159.0 units)
- South Korea (133.0 units)
- United Kingdom (79.0 units)
- Germany (59.0 units)
- Italy (41.0 units)
Exports of Mechanical Shovel and Excavator in Saudi Arabia
In 2022, the amount of mechanical shovels, excavators and shovel loaders exported from Saudi Arabia fell to 20 units, which is down by -9.1% against the year before. Over the period under review, exports continue to indicate a sharp shrinkage. The exports peaked at 66 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, mechanical shovel and excavator exports shrank significantly to $922K in 2022. In general, exports continue to indicate a dramatic decline. The smallest decline of -4.7% was in 2021. The exports peaked at $2.7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Mechanical Shovel and Excavator in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 2,279 | 27.1 | 44.0 | 669 | -33.5% |
| Georgia | N/A | N/A | N/A | 253 | 0% |
| Nigeria | 383 | N/A | 35.7 | N/A | -69.5% |
| Sudan | N/A | 3.1 | 191 | N/A | 6061.3% |
| United Kingdom | N/A | 163 | N/A | N/A | 0% |
| Oman | N/A | 26.8 | 189 | N/A | 605.2% |
| Egypt | N/A | 252 | 134 | N/A | -46.8% |
| Canada | N/A | 118 | N/A | N/A | 0% |
| Others | 51.8 | 1,381 | 1,286 | N/A | 398.3% |
| Total | 2,714 | 1,972 | 1,880 | 922 | -30.2% |
Top Export Markets for Mechanical Shovel and Excavator from Saudi Arabia in 2022:
- Kuwait (12.0 units)
- Georgia (8.0 units)
This report provides an in-depth analysis of the market for mechanical shovel and excavator in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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.
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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
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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
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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
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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
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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
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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
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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
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