ASEAN: Wheeled Loader Market 2024

Wheeled Loader Market Size in ASEAN

The ASEAN wheeled loader market amounted to $X.3B in 2022, rising by X% against the previous year. Overall, consumption recorded a abrupt curtailment. The level of consumption peaked at $X.1B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wheeled Loader Production in ASEAN

In value terms, wheeled loader production rose sharply to $X.9B in 2022 estimated in export price. In general, production recorded a deep reduction. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X.8B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wheeled Loader Exports

Exports in ASEAN

After three years of decline, shipments abroad of wheeled loaders, crawler shovel loaders, front-end loaders increased by X% to X units in 2022. In general, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, wheeled loader exports surged to $X in 2022. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X units) and Singapore (X units) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Vietnam (X units), making up a X% share of total exports. Malaysia (X units) followed a long way behind the leaders.

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

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

In Thailand, wheeled loader 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 Vietnam (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then reduced sharply in the following year.

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

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

Wheeled Loader Imports

Imports in ASEAN

In 2022, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were imported in ASEAN; approximately mirroring the previous year's figure. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wheeled loader imports expanded notably to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The Philippines (X units), Thailand (X units) and Indonesia (X units) represented roughly X% of total imports in 2022. Vietnam (X units) took the next position in the ranking, followed by Malaysia (X units). All these countries together took near X% share of total imports. The following importers - Singapore (X units) and Cambodia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported wheeled loaders, crawler shovel loaders, front-end loaders in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia amounted to X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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