Middle East: Bulldozer Market 2024

Bulldozer Market Size in the Middle East

The Middle Eastern bulldozer market reduced markedly to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed slight growth. As a result, consumption attained the peak level of $X, and then contracted sharply in the following year.

Bulldozer Production in the Middle East

In value terms, bulldozer production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Bulldozer Exports

Exports in the Middle East

In 2022, after three years of growth, there was significant decline in overseas shipments of bulldozers and angle dozers, when their volume decreased by X% to X units. Total exports indicated a measured expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then fell sharply in the following year.

In value terms, bulldozer exports totaled $X in 2022. The total export value increased at an average annual rate of X% 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 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) represented roughly X% of total exports in 2022. Kuwait (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Oman (X%), Jordan (X%), Bahrain (X%), Lebanon (X%) and Saudi Arabia (X%).

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

In value terms, the United Arab Emirates ($X) remains the largest bulldozer supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, 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: Kuwait (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The level of export peaked at $X per unit in 2018; however, from 2019 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 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 Lebanon (X%), while the other leaders experienced more modest paces of growth.

Bulldozer Imports

Imports in the Middle East

Bulldozer imports dropped notably to X units in 2022, waning by X% against 2021 figures. In general, imports, however, posted notable growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then declined dramatically in the following year.

In value terms, bulldozer imports surged to $X in 2022. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. The United Arab Emirates (X units) held the second position in the ranking, followed by Yemen (X units). All these countries together held approx. X% share of total imports. The following importers - Iraq (X units) and Turkey (X units) - each accounted for a X% share of total imports.

Imports into Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, Yemen (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) and Turkey (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.) and Yemen (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates 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 ($X), Saudi Arabia ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Yemen and Iraq lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, saw a deep reduction. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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