ASEAN: Bulldozer Market 2024

Bulldozer Market Size in ASEAN

In 2022, the ASEAN bulldozer market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a slight increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Bulldozer Production in ASEAN

In value terms, bulldozer production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Bulldozer Exports

Exports in ASEAN

Bulldozer exports dropped notably to X units in 2022, falling by X% on 2021. Total exports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then contracted markedly in the following year.

In value terms, bulldozer exports soared to $X in 2022. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Thailand (X units) represented the largest exporter of bulldozers and angle dozers, creating X% of total exports. Indonesia (X units) took the second position in the ranking, followed by Singapore (X units). All these countries together held approx. X% share of total exports. Malaysia (X units) and Myanmar (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bulldozer exports from Thailand stood at X%. At the same time, Myanmar (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and Myanmar increased by X and X percentage points, respectively.

In value terms, Thailand ($X) remains the largest bulldozer supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Thailand, bulldozer exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Thailand ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Bulldozer Imports

Imports in ASEAN

In 2022, overseas purchases of bulldozers and angle dozers increased by X% to X units, rising for the second year in a row after three years of decline. In general, imports enjoyed a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, bulldozer imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X units) and Thailand (X units) dominates imports structure, together making up X% of total imports. The Philippines (X units) ranks next in terms of the total imports with a X% share, followed by Vietnam (X%). The following importers - Malaysia (X units), Cambodia (X units) and Singapore (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported bulldozers and angle dozers in ASEAN, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Vietnam, with an X% share.

In Indonesia, bulldozer imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Vietnam (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :