Eastern Asia: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Eastern Asia

The East Asian self-propelled bulldozer market contracted to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption saw a pronounced contraction. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Self-Propelled Bulldozer Production in Eastern Asia

In value terms, self-propelled bulldozer production reduced to $X in 2023 estimated in export price. In general, production continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

Self-Propelled Bulldozer Exports

Exports in Eastern Asia

In 2023, overseas shipments of self-propelled bulldozers and excavators increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled bulldozer exports surged to $X in 2023. Total exports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, amounting to X units, which was near X% of total exports in 2023. It was distantly followed by South Korea (X units), committing an X% share of total exports.

China was also the fastest-growing in terms of the self-propelled bulldozers and excavators exports, with a CAGR of X% from 2012 to 2023. South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest self-propelled bulldozer supplying countries in Eastern Asia were China ($X) and South Korea ($X).

In terms of the main exporting countries, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Eastern Asia amounted to $X per unit, dropping by X% against the previous year. In general, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while China amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%).

Self-Propelled Bulldozer Imports

Imports in Eastern Asia

In 2023, the amount of self-propelled bulldozers and excavators imported in Eastern Asia expanded remarkably to X units, growing by X% against 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X units. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, self-propelled bulldozer imports reached $X in 2023. Total imports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) dominates imports structure, resulting at X units, which was near X% of total imports in 2023. It was distantly followed by Macao SAR (X units), making up a X% share of total imports. Hong Kong SAR (X units) and China (X units) held a relatively small share of total imports.

Taiwan (Chinese) was also the fastest-growing in terms of the self-propelled bulldozers and excavators imports, with a CAGR of X% from 2012 to 2023. Macao SAR experienced a relatively flat trend pattern. Hong Kong SAR (X%) and China (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Macao SAR and Taiwan (Chinese) increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan (Chinese) ($X) constitutes the largest market for imported self-propelled bulldozers and excavators in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Macao SAR, with a X% share.

In Taiwan (Chinese), self-propelled bulldozer imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Macao SAR (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per unit, flattening at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform