GCC: Scrapers Excavator Market 2024

Scrapers Excavator Market Size in GCC

In 2022, the GCC scrapers excavator market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate significant growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Scrapers Excavator Production in GCC

In value terms, scrapers excavator production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. 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 GCC

For the third consecutive year, GCC recorded growth in shipments abroad of scrapers earth moving, excavating, extracting machinery (not self-propelled), which increased by X% to X units in 2022. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, scrapers excavator exports soared to $X in 2022. Over the period under review, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, the United Arab Emirates (X units) represented the largest exporter of scrapers earth moving, excavating, extracting machinery (not self-propelled), creating X% of total exports. Kuwait (X units) took the second position in the ranking, distantly followed by Oman (X units). All these countries together held near X% share of total exports. Bahrain (X units) followed a long way behind the leaders.

The United Arab Emirates 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, Kuwait (X%) displayed positive paces of growth. Bahrain experienced a relatively flat trend pattern. By contrast, Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait, the United Arab Emirates and Bahrain increased by X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest scrapers excavator supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

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

Scrapers Excavator Imports

Imports in GCC

In 2022, scrapers excavator imports in GCC dropped rapidly to X units, with a decrease of X% against the previous year. Overall, imports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, scrapers excavator imports declined notably to $X in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Qatar was the major importer of scrapers earth moving, excavating, extracting machinery (not self-propelled) in GCC, with the volume of imports amounting to X units, which was near X% of total imports in 2022. The United Arab Emirates (X units) took the second position in the ranking, followed by Oman (X units) and Kuwait (X units). All these countries together held near X% share of total imports. Bahrain (X units) followed a long way behind the leaders.

Qatar was also the fastest-growing in terms of the scrapers earth moving, excavating, extracting machinery (not self-propelled) imports, with a CAGR of X% from 2012 to 2022. Bahrain (X%), Kuwait (X%), the United Arab Emirates (X%) and Oman (X%) illustrated a downward trend over the same period. Qatar (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain, the United Arab Emirates and Oman saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

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

In the United Arab Emirates, scrapers excavator imports contracted by 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: Qatar (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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