GCC: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in GCC

The GCC wheeled dozer market contracted significantly to $X in 2022, shrinking by X% against the previous year. In general, consumption continues to indicate a abrupt setback. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Wheeled Dozer Production in GCC

In value terms, wheeled dozer production soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level in 2022 and is likely to see steady growth in the near future.

Wheeled Dozer Exports

Exports in GCC

In 2022, shipments abroad of wheeled dozers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, wheeled dozer exports soared to $X in 2022. Overall, exports, however, enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X units) represented the largest exporter of wheeled dozers, creating X% of total exports. It was distantly followed by Kuwait (X units), Bahrain (X units), Oman (X units) and Saudi Arabia (X units), together generating a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the wheeled dozers exports, with a CAGR of X% from 2012 to 2022. At the same time, Bahrain (X%), Oman (X%) and Kuwait (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Kuwait (X p.p.), the United Arab Emirates (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kuwait (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. 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 the United Arab Emirates ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

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

Wheeled Dozer Imports

Imports in GCC

Wheeled dozer imports reduced markedly to X units in 2022, shrinking by X% compared with the year before. Over the period under review, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then fell remarkably in the following year.

In value terms, wheeled dozer imports soared to $X in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) was the key importer of wheeled dozers, committing X% of total imports. Oman (X units) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%) and Bahrain (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Oman (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest wheeled dozer importing markets in GCC were the United Arab Emirates ($X), Kuwait ($X) and Oman ($X), with a combined X% share of total imports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price enjoyed a resilient increase. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Kuwait ($X per unit), while Oman ($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 mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :