Northern America: Bulldozer Market 2024

Bulldozer Market Size in Northern America

In 2022, the North American bulldozer market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, showed a prominent increase. As a result, consumption attained the peak level of $X, and then declined in the following year.

Bulldozer Production in Northern America

In value terms, bulldozer production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Bulldozer Exports

Exports in Northern America

In 2022, the amount of bulldozers and angle dozers exported in Northern America rose notably to X units, with an increase of X% against 2021 figures. Over the period under review, exports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bulldozer exports soared to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, reaching X units, which was near X% of total exports in 2022. Canada (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bulldozer exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest bulldozer supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Bulldozer Imports

Imports in Northern America

After five years of growth, overseas purchases of bulldozers and angle dozers decreased by X% to X units in 2022. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank modestly in the following year.

In value terms, bulldozer imports soared to $X in 2022. In general, imports, however, showed mild growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The United States was the key importer of bulldozers and angle dozers in Northern America, with the volume of imports amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Canada (X units), constituting a X% share of total imports.

The United States was also the fastest-growing in terms of the bulldozers and angle dozers imports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest bulldozer importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a deep downturn. Over the period under review, import prices reached the maximum 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 Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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