Eastern Asia: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Eastern Asia

The East Asian self-propelled bulldozer market contracted slightly to $X.9B in 2022, shrinking by X% against the previous year. The market 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. Over the period under review, the market hit record highs at $X.5B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Bulldozer Production in Eastern Asia

In value terms, self-propelled bulldozer production dropped to $X.1B in 2022 estimated in export price. The total output 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 pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X.6B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Self-Propelled Bulldozer Exports

Exports in Eastern Asia

In 2022, shipments abroad of self-propelled bulldozers and excavators increased by X% to X units, rising for the third consecutive year after five years of decline. Over the period under review, exports saw a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, self-propelled bulldozer exports surged to $X in 2022. Total exports indicated measured growth 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), mixing up a X% share of total exports. Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the self-propelled bulldozers and excavators exports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) and Japan (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest self-propelled bulldozer supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

In China, self-propelled 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: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

Self-Propelled Bulldozer Imports

Imports in Eastern Asia

In 2022, overseas purchases 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. In general, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, self-propelled bulldozer imports skyrocketed to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) prevails in imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Macao SAR (X units), making up a X% share of total imports. Hong Kong SAR (X units) took a little share of total imports.

Taiwan (Chinese) was also the fastest-growing in terms of the self-propelled bulldozers and excavators imports, with a CAGR of X% from 2012 to 2022. Hong Kong SAR (X%) and Macao SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese) increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan (Chinese) ($X) constitutes the largest market for imported self-propelled bulldozers and excavators in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports.

In Taiwan (Chinese), self-propelled bulldozer imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Macao SAR (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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