U.S. - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

U.S. - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Self-Propelled Excavating Machinery Price in the United States - 2023

Contents:

  1. Self-Propelled Excavating Machinery Price in the United States (CIF) - 2022
  2. Self-Propelled Excavating Machinery Price in the United States (FOB) - 2023
  3. Self-Propelled Excavating Machinery Imports in the United States
  4. Self-Propelled Excavating Machinery Exports in the United States

Self-Propelled Excavating Machinery Price in the United States (CIF) - 2022

The average self-propelled excavating machinery import price stood at $53,018 per unit in 2022, waning by -17.1% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2016 an increase of 407%. As a result, import price reached the peak level of $103,673 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($261,261 per unit), while the price for China ($6,496 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Self-Propelled Excavating Machinery Price in the United States (FOB) - 2023

In September 2023, the average self-propelled excavating machinery export price amounted to $32,111 per unit, jumping by 34% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 53% against the previous month. Over the period under review, the average export prices hit record highs in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Ghana ($46,000 per unit), while the average price for exports to the Netherlands ($26,676 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+63.2%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Excavating Machinery Imports in the United States

In 2022, purchases abroad of self-propelled earth moving, excavating machinery increased by 65% to 2.1K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep reduction. Imports peaked at 2.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled excavating machinery imports surged to $111M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.4% 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 +52.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Self-Propelled Excavating Machinery in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy25.99.117.130.55.6%
United Kingdom10.837.327.226.534.9%
Germany14.812.25.714.6-0.5%
Canada4.46.79.211.236.5%
Finland7.02.314.310.715.2%
South Africa0.1N/A1.26.8308.2%
China21.01.71.15.0-38.0%
IndonesiaN/AN/AN/A0.90%
Sweden3.62.90.80.9-37.0%
Others4.40.64.53.7-5.6%
Total91.972.781.01116.5%

Top Suppliers of Self-Propelled Excavating Machinery to the United States in 2022:

  1. China (773.0 units)
  2. United Kingdom (400.0 units)
  3. Germany (335.0 units)
  4. Canada (164.0 units)
  5. Indonesia (131.0 units)
  6. Italy (117.0 units)
  7. South Africa (50.0 units)
  8. Finland (23.0 units)
  9. Sweden (7.0 units)

Self-Propelled Excavating Machinery Exports in the United States

Self-propelled excavating machinery exports from the United States surged to 3K units in 2022, growing by 62% compared with the year before. Overall, exports enjoyed noticeable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled excavating machinery exports soared to $81M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Self-Propelled Excavating Machinery in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada24.216.315.324.70.7%
Argentina0.1N/A0.19.3353.1%
Mexico2.22.34.88.858.7%
Australia4.83.14.74.2-4.4%
Jamaica0.7N/A0.43.367.7%
Chile0.2N/A3.43.1149.3%
Netherlands0.30.70.92.397.2%
United Arab Emirates0.60.10.71.946.8%
United Kingdom1.90.71.31.90.0%
New Zealand1.31.32.71.811.5%
Dominican Republic0.30.10.31.881.7%
France3.14.20.60.8-36.3%
Germany4.10.20.40.6-47.3%
Others18.615.221.716.3-4.3%
Total62.244.457.380.99.2%

Top Export Markets for Self-Propelled Excavating Machinery from the United States in 2022:

  1. Canada (1075.0 units)
  2. Argentina (332.0 units)
  3. Mexico (311.0 units)
  4. Australia (165.0 units)
  5. Jamaica (115.0 units)
  6. Chile (111.0 units)
  7. Netherlands (73.0 units)
  8. New Zealand (67.0 units)
  9. Dominican Republic (65.0 units)
  10. United Arab Emirates (63.0 units)
  11. United Kingdom (56.0 units)
  12. France (27.0 units)
  13. Germany (26.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the self-propelled excavating machinery market in the U.S.. 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

Country coverage:

  • United States

Data coverage:

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