Europe: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Europe

The Europe off-highway dumper market rose markedly to $X in 2023, growing by X% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Off-Highway Dumper Production in Europe

In value terms, off-highway dumper production declined to $X in 2023 estimated in export price. The total production indicated mild growth 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Off-Highway Dumper Exports

Exports in Europe

For the third consecutive year, Europe recorded growth in overseas shipments of dumpers for off-highway use, which increased by X% to X units in 2023. In general, exports recorded a notable increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, off-highway dumper exports soared to $X in 2023. Overall, exports enjoyed a notable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are likely to see steady growth in years to come.

Exports by Country

In 2023, the UK (X units), distantly followed by Italy (X units), Austria (X units), Belarus (X units), Germany (X units), the Netherlands (X units), the Czech Republic (X units) and Spain (X units) represented the main exporters of dumpers for off-highway use, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the largest off-highway dumper supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

In the UK, off-highway dumper exports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2023, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports in Europe

In 2023, supplies from abroad of dumpers for off-highway use decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a slight increase. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked at X units in 2022, and then declined in the following year.

In value terms, off-highway dumper imports surged to $X in 2023. In general, imports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, Poland (X units), followed by the Netherlands (X units), France (X units), Germany (X units), the UK (X units), Slovakia (X units), Belgium (X units) and Austria (X units) were the main importers of dumpers for off-highway use, together creating X% of total imports. The following importers - Greece (X units), Italy (X units), Spain (X units), Ireland (X units) and Russia (X units) - each recorded a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest off-highway dumper importing markets in Europe were Russia ($X), the UK ($X) and Germany ($X), together comprising X% of total imports. Poland, the Netherlands, France, Belgium, Spain, Ireland, Italy, Austria, Slovakia and Greece lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Italy, with a CAGR of X%, saw the highest growth rate of 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

The import price in Europe stood at $X per unit in 2023, jumping by X% against the previous year. Import price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, off-highway dumper import price decreased by X% against 2017 indices. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2023, the import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform