Global Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size

In 2022, the global construction equipment blade market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Construction Equipment Blade Production

In value terms, construction equipment blade production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, global production growth remained at a lower figure.

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Construction Equipment Blade Exports

Exports

In 2022, overseas shipments of blades for construction equipment increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, construction equipment blade exports reached $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the UK (X units), distantly followed by the United States (X units), Mexico (X units), Canada (X units), Germany (X units) and Australia (X units) were the main exporters of blades for construction equipment, together mixing up X% of total exports. Japan (X units), China (X units), Hungary (X units), Russia (X units), the United Arab Emirates (X units), Singapore (X units) and Slovakia (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovakia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest construction equipment blade supplying countries worldwide were the United States ($X), the UK ($X) and Mexico ($X), together comprising X% of global exports. Canada, Germany, China, Australia, Japan, Hungary, Russia, Singapore, Slovakia and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average construction equipment blade export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price continues to indicate a slight decrease. The growth pace was the most rapid in 2018 when the average export price increased by X%. The global export price peaked at $X per unit in 2012; however, from 2013 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 the United States ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Construction Equipment Blade Imports

Imports

In 2022, purchases abroad of blades for construction equipment increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, construction equipment blade imports soared to $X in 2022. In general, imports, however, saw a pronounced decline. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) represented the major importer of blades for construction equipment, mixing up X% of total imports. Canada (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%), Australia (X%), Austria (X%) and the UK (X%). The following importers - Indonesia (X units), Hungary (X units), the United Arab Emirates (X units) and Nigeria (X units) - together made up X% of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of blades for construction equipment. At the same time, the UK (X%), Nigeria (X%), Brazil (X%), Canada (X%), the United Arab Emirates (X%), Austria (X%), Hungary (X%) and Australia (X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) illustrated a downward trend over the same period. While the share of Canada (X p.p.), Brazil (X p.p.), the UK (X p.p.), Australia (X p.p.), Austria (X p.p.), Nigeria (X p.p.) and Hungary (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported blades for construction equipment worldwide, comprising X% of global imports. The second position in the ranking was held by Canada ($X), with a X% share of global imports. It was followed by Australia, with a X% share.

In the United States, construction equipment blade imports declined by 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: Canada (X% per year) and Australia (X% per year).

Import Prices by Country

The average construction equipment blade import price stood at $X per unit in 2022, approximately mirroring the previous year. In general, the import price, however, showed a mild setback. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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