ASEAN: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in ASEAN

The ASEAN scrapers excavator market shrank modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed a resilient expansion. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Scrapers Excavator Production in ASEAN

In value terms, scrapers excavator production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Scrapers Excavator Exports

Exports in ASEAN

In 2022, exports of scrapers earth moving, excavating, extracting machinery (not self-propelled) in ASEAN soared to X units, growing by X% compared with 2021 figures. Overall, exports, however, continue to indicate a abrupt downturn. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, scrapers excavator exports dropped to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia represented the largest exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Singapore (X units), Thailand (X units) and Malaysia (X units), together constituting a X% share of total exports. The Philippines (X units) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the scrapers earth moving, excavating, extracting machinery (not self-propelled) exports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. Thailand and Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. Indonesia (X p.p.), Thailand (X p.p.), Malaysia (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Indonesia ($X), Malaysia ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Thailand and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the 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 Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the export price figures.

Scrapers Excavator Imports

Imports in ASEAN

For the third year in a row, ASEAN recorded decline in supplies from abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled), which decreased by X% to X units in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, scrapers excavator imports soared to $X in 2022. Overall, imports recorded a abrupt downturn. 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

In 2022, Indonesia (X units), distantly followed by the Philippines (X units), Malaysia (X units), Singapore (X units) and Thailand (X units) were the main importers of scrapers earth moving, excavating, extracting machinery (not self-propelled), together comprising X% of total imports. The following importers - Vietnam (X units) and Brunei Darussalam (X units) - each reached an X% share 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 the Philippines (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Indonesia ($X) constitutes the largest market for imported scrapers earth moving, excavating, extracting machinery (not self-propelled) in ASEAN, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with an X% share of total imports. It was followed by Malaysia, with a X% share.

In Indonesia, scrapers excavator imports increased at 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 Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, rising by X% against the previous year. Import price indicated temperate growth 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. Based on 2022 figures, scrapers excavator import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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