Southern Asia: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Southern Asia

In 2022, the South Asian wheeled dozer market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption showed a remarkable increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Wheeled Dozer Production in Southern Asia

In value terms, wheeled dozer production dropped notably to $X in 2022 estimated in export price. In general, production showed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Wheeled Dozer Exports

Exports in Southern Asia

In 2022, approx. X units of wheeled dozers were exported in Southern Asia; dropping by X% against 2021 figures. Over the period under review, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, wheeled dozer exports fell sharply to $X in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

Sri Lanka (X units) and India (X units) represented roughly X% of total exports in 2022. Pakistan (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Afghanistan (X%) and Nepal (X%).

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Sri Lanka ($X), India ($X) and Pakistan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Sri Lanka, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 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 Pakistan ($X per unit), while Afghanistan ($X per unit) was amongst the lowest.

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

Wheeled Dozer Imports

Imports in Southern Asia

In 2022, overseas purchases of wheeled dozers increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, wheeled dozer imports skyrocketed to $X in 2022. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

India dominates imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X units) and Pakistan (X units), together achieving a X% share of total imports.

India was also the fastest-growing in terms of the wheeled dozers imports, with a CAGR of X% from 2012 to 2022. At the same time, Pakistan (X%) displayed positive paces of growth. Bangladesh experienced a relatively flat trend pattern. India (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh 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, India ($X) constitutes the largest market for imported wheeled dozers in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports.

In India, wheeled dozer imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, increasing 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 2018 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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