Africa: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Africa

The African self-propelled bulldozer market fell significantly to $X in 2021, dropping by -48.2% against the previous year. Over the period under review, consumption saw a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Self-Propelled Bulldozer Production in Africa

In value terms, self-propelled bulldozer production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a deep reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 1,765%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Self-Propelled Bulldozer Exports

Exports in Africa

In 2021, overseas shipments of self-propelled bulldozers and excavators were finally on the rise to reach X units after two years of decline. Over the period under review, exports saw significant 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 2021. In general, exports, however, showed a perceptible downturn. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, South Africa (X units) was the key exporter of self-propelled bulldozers and excavators in Africa, mixing up 96% of total export.

South Africa was also the fastest-growing in terms of the self-propelled bulldozers and excavators exports, with a CAGR of +28.4% from 2012 to 2021. While the share of South Africa (+25 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest self-propelled bulldozer supplier in Africa.

In South Africa, self-propelled bulldozer exports decreased by an average annual rate of -4.1% over the period from 2012-2021.

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, with a decrease of -87.9% against the previous year. Over the period under review, the export price showed a sharp decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by 207%. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -25.3% per year.

Self-Propelled Bulldozer Imports

Imports in Africa

In 2021, after two years of growth, there was significant decline in supplies from abroad of self-propelled bulldozers and excavators, when their volume decreased by -56.3% to X units. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 90% against the previous year. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, self-propelled bulldozer imports declined to $X in 2021. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 18%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

South Africa represented the main importer of self-propelled bulldozers and excavators in Africa, with the volume of imports reaching X units, which was near 37% of total imports in 2021. It was distantly followed by Botswana (X units), comprising a 6.1% share of total imports. Mozambique (X units), Kenya (X units), Zambia (X units), Zimbabwe (X units), Burkina Faso (X units), Tunisia (X units), Algeria (X units), Ghana (X units), Nigeria (X units), Angola (X units) and Tanzania (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to self-propelled bulldozer imports into South Africa stood at -3.6%. At the same time, Kenya (+10.1%), Botswana (+6.6%), Zimbabwe (+6.0%), Mozambique (+1.6%) and Burkina Faso (+1.1%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of +10.1% from 2012-2021. By contrast, Zambia (-5.7%), Tunisia (-6.1%), Angola (-8.8%), Tanzania (-9.3%), Nigeria (-9.5%), Algeria (-10.7%) and Ghana (-22.5%) illustrated a downward trend over the same period. While the share of South Africa (+5.3 p.p.), Botswana (+4 p.p.), Kenya (+2.9 p.p.), Zimbabwe (+2.2 p.p.) and Mozambique (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Algeria (-1.8 p.p.) and Ghana (-12.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported self-propelled bulldozers and excavators in Africa, comprising 20% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a 5.9% share of total imports. It was followed by Zambia, with a 5.9% share.

In South Africa, self-propelled bulldozer imports decreased by an average annual rate of -7.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Zimbabwe (+6.7% per year) and Zambia (-4.4% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, increasing by 110% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nigeria ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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