Unit Construction Machine Market
Unit construction machine market: get recently published info enhanced by an Ai-driven BI tool. Info contain market size, companies, exports, imports, production, consumption, trade, and market prices. There is a breakdown by region, including Latin America, Africa, China, the U.K., Russia, the U.S., the Middle East, and EU. Market dynamics and outlook to 2030 are also provided in the reports.
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Unit Construction Machine - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Jordan |
| 2 | Japan |
| 3 | Italy |
| 4 | United Kingdom |
| 5 | Bolivia |
In value terms, Jordan led the market, alone. The second position in the ranking was occupied by Japan. It was followed by Italy.
From 2018 to 2020, the average annual rate of growth in terms of value in Jordan stood at +4.9%. In the other countries, the average annual rates were as follows: Japan (+51.9% per year) and Italy (+25.5% per year).
Unit Construction Machine Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Singapore | 825 | 936 | 343 | -35.5% |
| United Kingdom | 699 | 514 | 421 | -22.4% |
| China | 1059 | 1135 | 1124 | 3.0% |
| India | 1760 | 3125 | 3185 | 34.5% |
| Japan | 2318 | 1355 | 5176 | 49.4% |
| Italy | 5408 | 5273 | 6301 | 7.9% |
| Germany | 11045 | 11995 | 11263 | 1.0% |
| Average | 5199 | 5102 | 5729 | 5.0% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($11,263 per unit), while Singapore ($343 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Equatorial Guinea | 95696 | 96293 | 114913 | 9.6% |
| China | 32980 | 34714 | 21423 | -19.4% |
| United Kingdom | 6124 | 9811 | 5794 | -2.7% |
| Haiti | 8432 | 7885 | 4675 | -25.5% |
| France | 16880 | 9207 | 3440 | -54.9% |
| Lithuania | 1823 | 1251 | 1072 | -23.3% |
| Senegal | 799 | 845 | 959 | 9.6% |
| Ghana | 491 | 754 | 824 | 29.5% |
| Chile | 1996 | 807 | 479 | -51.0% |
| United Arab Emirates | 2917 | 405 | 297 | -68.1% |
| Dominican Republic | 109 | 104 | 84 | -12.3% |
| Fiji | 43 | 31 | 21 | -30.0% |
| Cote d'Ivoire | 65 | 13 | 9.6 | -61.6% |
| Average | 13962 | 13498 | 9049 | -19.5% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Equatorial Guinea ($114,913 per unit), while Cote d'Ivoire ($9.6 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other global leaders experienced more modest paces of growth.
Unit Construction Machine - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Equatorial Guinea | 15 | 17 | 20 | 18.0% |
| China | 17 | 15 | 8.8 | -27.2% |
| France | 3.3 | 1.8 | 2.8 | -8.1% |
| Haiti | 1.1 | 1.3 | 1.6 | 20.0% |
| United Kingdom | 1.1 | 1.9 | 1.4 | 10.4% |
In value terms, Equatorial Guinea ($21M) constitutes the largest market for imported unit construction machines for working metal worldwide, comprising 21% of global imports. The second position in the ranking was occupied by China ($8.8M), with a 9.2% share of global imports. It was followed by France, with a 3% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Equatorial Guinea stood at +18.0%. In the other countries, the average annual rates were as follows: China (-27.2% per year) and France (-8.1% per year).
Unit Construction Machine - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Italy | 18 | 10 | 12 | -18.8% |
| Germany | 44 | 29 | 5.8 | -63.8% |
| India | 0.5 | 1 | 3 | 145.2% |
| China | 2.5 | 3 | 2.2 | -6.7% |
| Japan | 9.9 | 8.2 | 1.9 | -56.3% |
In value terms, Italy ($12M) emerged as the largest unit construction machine supplier worldwide, comprising 17% of global exports. The second position in the ranking was occupied by Germany ($5.8M), with a 8.2% share of global exports. It was followed by India, with a 4.3% share.
In Italy, unit construction machine exports contracted by an average annual rate of -18.8% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-63.8% per year) and India (+145.2% per year).
Unit Construction Machine - Market Forecast
The unit construction machine market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.3% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Unit Construction Machine - Product Coverage
- HS 845720 - Machines; unit construction machines (single station), for working metal
This report provides an in-depth analysis of the unit construction machine market in Northern America.
This report provides an in-depth analysis of the global unit construction machine market.
This report provides an in-depth analysis of the unit construction machine market in Eastern Asia.
This report provides an in-depth analysis of the unit construction machine market in Australia and Oceania.
This report provides an in-depth analysis of the unit construction machine market in Southern Asia.
This report provides an in-depth analysis of the unit construction machine market in Africa.
This report provides an in-depth analysis of the unit construction machine market in Central Asia.
This report provides an in-depth analysis of the unit construction machine market in South-Eastern Asia.
This report provides an in-depth analysis of the unit construction machine market in Latin America and the Caribbean.
This report provides an in-depth analysis of the unit construction machine market in the Middle East.
