Scandinavia: Bulldozer Market 2024

Bulldozer Market Size in Scandinavia

In 2022, after two years of decline, there was significant growth in the Scandinavia bulldozer market, when its value increased by X% to $X. The total consumption indicated a slight increase 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, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Bulldozer Production in Scandinavia

In value terms, bulldozer production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Bulldozer Exports

Exports in Scandinavia

After two years of growth, shipments abroad of bulldozers and angle dozers decreased by X% to X units in 2022. Over the period under review, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then dropped significantly in the following year.

In value terms, bulldozer exports surged to $X in 2022. In general, exports, however, showed buoyant growth. The growth pace was the most rapid in 2020 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Sweden was the largest exporter of bulldozers and angle dozers in Scandinavia, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. Norway (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Finland (X%).

Sweden was also the fastest-growing in terms of the bulldozers and angle dozers exports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) and Norway (X p.p.) displayed negative dynamics.

In value terms, Norway ($X) remains the largest bulldozer supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

In Norway, 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: Sweden (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible reduction. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Bulldozer Imports

Imports in Scandinavia

After two years of decline, supplies from abroad of bulldozers and angle dozers increased by X% to X units in 2022. Over the period under review, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bulldozer imports contracted to $X in 2022. In general, imports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden was the main importer of bulldozers and angle dozers in Scandinavia, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Finland (X units) held the second position in the ranking, distantly followed by Norway (X units). All these countries together took approx. X% share of total imports.

Sweden was also the fastest-growing in terms of the bulldozers and angle dozers imports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, the largest bulldozer importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

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

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, declining by X% against the previous year. In general, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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