Asia-Pacific: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in Asia-Pacific

The Asia-Pacific scrapers excavator market shrank modestly to $X.2B in 2022, reducing by X% against the previous year. Overall, consumption, however, enjoyed strong growth. As a result, consumption attained the peak level of $X.1B. From 2019 to 2022, the growth of the market remained at a lower figure.

Scrapers Excavator Production in Asia-Pacific

In value terms, scrapers excavator production shrank modestly to $X.1B in 2022 estimated in export price. In general, production, however, posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 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 Asia-Pacific

In 2022, exports of scrapers earth moving, excavating, extracting machinery (not self-propelled) in Asia-Pacific soared to X units, growing by X% against the previous year. In general, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, scrapers excavator exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China was the key exporter of scrapers earth moving, excavating, extracting machinery (not self-propelled) in Asia-Pacific, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by South Korea (X units), making up a X% share of total exports. The following exporters - Japan (X units) and Indonesia (X units) - each accounted for a X% share of total exports.

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

In value terms, South Korea ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, flattening at the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

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

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

Scrapers Excavator Imports

Imports in Asia-Pacific

In 2022, approx. X units of scrapers earth moving, excavating, extracting machinery (not self-propelled) were imported in Asia-Pacific; falling by X% compared with the previous year. In general, imports showed a sharp descent. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, scrapers excavator imports reached $X in 2022. Over the period under review, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia was the major importer of scrapers earth moving, excavating, extracting machinery (not self-propelled) in Asia-Pacific, with the volume of imports recording X units, which was near X% of total imports in 2022. Indonesia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by India (X%), the Philippines (X%), New Zealand (X%) and Papua New Guinea (X%). China (X units), Malaysia (X units), Singapore (X units), Thailand (X units), Taiwan (Chinese) (X units), Macao SAR (X units) and Bangladesh (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to scrapers excavator imports into Australia stood at X%. At the same time, New Zealand (X%), Macao SAR (X%), Taiwan (Chinese) (X%), Papua New Guinea (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. The Philippines experienced a relatively flat trend pattern. By contrast, Indonesia (X%), Thailand (X%), Malaysia (X%), China (X%), India (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, the Philippines, New Zealand, Papua New Guinea, China, Malaysia, Thailand, Taiwan (Chinese), Macao SAR, Bangladesh and India increased by X, X, X, X, X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X), Indonesia ($X) and India ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. New Zealand, the Philippines, China, Malaysia, Papua New Guinea, Thailand, Singapore, Bangladesh, Taiwan (Chinese) and Macao SAR lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Macao SAR ($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

Frequently Asked Questions (FAQ) :