Scrapers Excavator Market

The article provides detailed insights into the global market for scrapers earth moving, excavating, and extracting machinery (not self-propelled). It covers consumption trends, production volumes, import/export data, and market values from 2012 to 2022. The analysis includes key players such as China, the United States, India, and South Korea in terms of consumption, production, and exports. Additionally, it highlights average prices per unit and growth rates for different countries. Overall, the market is expected to show steady growth in the upcoming years.

Market Forecast

Driven by increasing demand for scrapers earth moving, excavating, extracting machinery (not self-propelled) worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.6% for the period from 2022 to 2030, which is projected to bring the market volume to 1.5M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market value to $255B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled)

In 2022, global scrapers excavator consumption reached 1.4M units, with an increase of 2.7% against the year before. Over the period under review, consumption recorded prominent growth. Global consumption peaked at 1.5M units in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

The global scrapers excavator market value expanded modestly to $210.6B in 2022, surging by 4.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted resilient growth. Over the period under review, the global market attained the peak level at $220.5B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

China (216K units) constituted the country with the largest volume of scrapers excavator consumption, comprising approx. 15% of total volume. Moreover, scrapers excavator consumption in China exceeded the figures recorded by the second-largest consumer, the United States (108K units), twofold. India (81K units) ranked third in terms of total consumption with a 5.7% share.

In China, scrapers excavator consumption expanded at an average annual rate of +3.5% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+4.4% per year) and India (+6.2% per year).

In value terms, the largest scrapers excavator markets worldwide were China ($28.3B), the United States ($21.2B) and India ($17B), with a combined 32% share of the global market. Japan, Germany, Pakistan, Mexico, Bangladesh, Russia, Nigeria, Indonesia, Turkey and Brazil lagged somewhat behind, together comprising a further 33%.

Nigeria, with a CAGR of +18.6%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of scrapers excavator per capita consumption in 2022 were Japan (592 units per million persons), Germany (438 units per million persons) and Turkey (386 units per million persons).

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +14.6%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled)

In 2022, approx. 1.4M units of scrapers earth moving, excavating, extracting machinery (not self-propelled) were produced worldwide; increasing by 2.8% compared with 2021. Over the period under review, production recorded a remarkable increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 39%. Global production peaked at 1.5M units in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, scrapers excavator production rose modestly to $209.3B in 2022 estimated in export price. In general, production posted a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 43% against the previous year. Global production peaked at $218.5B in 2020; however, from 2021 to 2022, production failed to regain momentum.

Production By Country

The country with the largest volume of scrapers excavator production was China (220K units), comprising approx. 15% of total volume. Moreover, scrapers excavator production in China exceeded the figures recorded by the second-largest producer, the United States (106K units), twofold. India (81K units) ranked third in terms of total production with a 5.7% share.

In China, scrapers excavator production increased at an average annual rate of +3.7% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (+4.4% per year) and India (+6.3% per year).

Imports

World Imports of Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled)

In 2022, purchases abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled) increased by 6.6% to 5.6K units, rising for the second consecutive year after three years of decline. In general, imports, however, saw a perceptible decrease. The growth pace was the most rapid in 2015 with an increase of 53%. Over the period under review, global imports attained the peak figure at 8.7K units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, scrapers excavator imports expanded modestly to $843M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 90%. Over the period under review, global imports attained the peak figure at $2.3B in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports By Country

In 2022, the United States (1.5K units) represented the major importer of scrapers earth moving, excavating, extracting machinery (not self-propelled), creating 26% of total imports. Canada (378 units) held the second position in the ranking, followed by the Netherlands (349 units). All these countries together held approx. 13% share of total imports. Australia (243 units), Russia (181 units), the UK (152 units), Germany (137 units), France (127 units), Brazil (124 units), Finland (106 units), Belgium (97 units), Italy (90 units) and Belarus (86 units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to scrapers excavator imports into the United States stood at +3.6%. At the same time, Belarus (+39.9%), Brazil (+22.7%), the Netherlands (+11.5%), Italy (+9.6%), Germany (+8.6%), Finland (+7.2%), France (+6.1%), the UK (+5.9%), Russia (+5.6%) and Canada (+3.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the world, with a CAGR of +39.9% from 2012-2022. By contrast, Belgium (-12.5%) and Australia (-20.1%) illustrated a downward trend over the same period. While the share of the United States (+14 p.p.), the Netherlands (+4.9 p.p.), Canada (+3.6 p.p.), Brazil (+2 p.p.), Russia (+2 p.p.), Germany (+1.7 p.p.) and the UK (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Belgium (-2.5 p.p.) and Australia (-21.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($212M) constitutes the largest market for imported scrapers earth moving, excavating, extracting machinery (not self-propelled) worldwide, comprising 25% of global imports. The second position in the ranking was held by Canada ($67M), with an 8% share of global imports. It was followed by the Netherlands, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +2.1%. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+4.1% per year) and the Netherlands (+8.0% per year).

Import Prices By Country

The average scrapers excavator import price stood at $149,705 per unit in 2022, with a decrease of -3.9% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $267,110 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($279,035 per unit), while Belarus ($16,364 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled)

In 2022, approx. 14K units of scrapers earth moving, excavating, extracting machinery (not self-propelled) were exported worldwide; jumping by 22% against the previous year. In general, exports recorded prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 74% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, scrapers excavator exports expanded remarkably to $1.4B in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, the global exports attained the maximum at $1.5B in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports By Country

In 2022, China (4.8K units), distantly followed by South Korea (2.9K units) and Mexico (0.8K units) represented the key exporters of scrapers earth moving, excavating, extracting machinery (not self-propelled), together constituting 61% of total exports. The following exporters - Canada (568 units), Italy (507 units), Belarus (476 units), Finland (339 units), France (307 units), the United States (303 units), the Netherlands (299 units) and Bulgaria (263 units) - together made up 22% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of +45.8%), while the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($228M), China ($178M) and Mexico ($135M) were the countries with the highest levels of exports in 2022, with a combined 39% share of global exports.

South Korea, with a CAGR of +37.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average scrapers excavator export price amounted to $99,354 per unit, shrinking by -10.5% against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2014 an increase of 10% against the previous year. As a result, the export price reached the peak level of $215,820 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($282,132 per unit), while Belarus ($5,989 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform