Southern Asia: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Southern Asia

The South Asian self-propelled bulldozer market fell to $X.1B in 2022, remaining constant against the previous year. The total consumption indicated measured growth 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 increased by X% against 2020 indices. The level of consumption peaked at $X.1B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Propelled Bulldozer Production in Southern Asia

In value terms, self-propelled bulldozer production reduced slightly to $X.6B in 2022 estimated in export price. The total production indicated measured growth 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X.2B in 2018; however, from 2019 to 2022, production failed to regain momentum.

Self-Propelled Bulldozer Exports

Exports in Southern Asia

In 2022, overseas shipments of self-propelled bulldozers and excavators increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, self-propelled bulldozer exports soared to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The shipments of the one major exporters of self-propelled bulldozers and excavators, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the self-propelled bulldozers and excavators exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest self-propelled bulldozer supplier in Southern Asia.

In India, self-propelled bulldozer exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Self-Propelled Bulldozer Imports

Imports in Southern Asia

In 2022, self-propelled bulldozer imports in Southern Asia contracted dramatically to X units, falling by X% compared with 2021 figures. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, self-propelled bulldozer imports fell sharply to $X in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Bangladesh (X units) was the main importer of self-propelled bulldozers and excavators, mixing up X% of total imports. Pakistan (X units) held the second position in the ranking, distantly followed by Nepal (X units) and India (X units). All these countries together held near X% share of total imports. Maldives (X units), Afghanistan (X units) and Sri Lanka (X units) held a little share of total imports.

Bangladesh was also the fastest-growing in terms of the self-propelled bulldozers and excavators imports, with a CAGR of X% from 2012 to 2022. At the same time, Maldives (X%), Nepal (X%) and Pakistan (X%) displayed positive paces of growth. By contrast, Afghanistan (X%), Sri Lanka (X%) and India (X%) illustrated a downward trend over the same period. While the share of Bangladesh (X p.p.), Pakistan (X p.p.), Nepal (X p.p.) and Maldives (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (X p.p.), Sri Lanka (X p.p.) and India (X p.p.) displayed negative dynamics.

In value terms, Pakistan ($X), Bangladesh ($X) and Nepal ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, shrinking by X% against the previous year. In general, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2015; however, from 2016 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 Nepal ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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