Asia: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Asia

The Asian self-propelled bulldozer market shrank modestly to $X.4B in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X.1B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Bulldozer Production in Asia

In value terms, self-propelled bulldozer production fell to $X.7B 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X.5B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Self-Propelled Bulldozer Exports

Exports in Asia

In 2022, overseas shipments of self-propelled bulldozers and excavators increased by X% to X units, rising for the second year in a row after three years of decline. Overall, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled bulldozer exports soared to $X in 2022. In general, exports saw a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, India (X units), China (X units) and Turkey (X units) was the key exporter of self-propelled bulldozers and excavators in Asia, comprising X% of total export. It was distantly followed by the United Arab Emirates (X units), mixing up an X% share of total exports. Singapore (X units), Indonesia (X units) and Kazakhstan (X units) followed a long way behind the leaders.

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

In value terms, the largest self-propelled bulldozer supplying countries in Asia were India ($X), Turkey ($X) and China ($X), together accounting for X% of total exports. Singapore, the United Arab Emirates, Kazakhstan and Indonesia lagged somewhat behind, together comprising a further X%.

Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a mild descent. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

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

Self-Propelled Bulldozer Imports

Imports in Asia

In 2022, purchases abroad of self-propelled bulldozers and excavators increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports, however, saw a pronounced downturn. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, self-propelled bulldozer imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) represented roughly X% of total imports in 2022. It was distantly followed by Singapore (X units), Bangladesh (X units), Turkey (X units) and Taiwan (Chinese) (X units), together creating a X% share of total imports. Iraq (X units), Malaysia (X units), the Philippines (X units), Israel (X units), Pakistan (X units) and Kazakhstan (X units) took a minor share of total imports.

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

In value terms, Vietnam ($X) constitutes the largest market for imported self-propelled bulldozers and excavators in Asia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

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

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, 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 Turkey ($X per unit), while Saudi Arabia ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :