ASEAN: Scrapers Excavator Market 2025

Scrapers Excavator Market Size in ASEAN

In 2022, the ASEAN scrapers excavator market increased by 0.1% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Scrapers Excavator Production in ASEAN

In value terms, scrapers excavator production declined to $X in 2022 estimated in export price. Over the period under review, production showed a deep slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Scrapers Excavator Exports

Exports in ASEAN

In 2022, scrapers excavator exports in ASEAN rose remarkably to X units, picking up by 10% against the previous year. Over the period under review, exports, however, faced a precipitous curtailment. The growth pace was the most rapid in 2015 when exports increased by 198%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, scrapers excavator exports surged to $X in 2022. Overall, exports, however, continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2015 when exports increased by 185%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Singapore (X units) was the largest exporter of scrapers earth moving, excavating, extracting machinery (not self-propelled), committing 50% of total exports. Malaysia (X units) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (15%) and Thailand (14%). The following exporters - the Philippines (X units) and Vietnam (X units) - each amounted to a 3.8% share of total exports.

Exports from Singapore decreased at an average annual rate of -27.1% from 2012 to 2022. Thailand (-4.5%), Indonesia (-5.4%), Vietnam (-7.3%), Malaysia (-12.1%) and the Philippines (-12.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Thailand, Malaysia and the Philippines increased by +13, +12, +11 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest scrapers excavator supplier in ASEAN, comprising 63% of total exports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total exports. It was followed by Indonesia, with a 12% share.

In Singapore, scrapers excavator exports contracted by an average annual rate of -24.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (-12.7% per year) and Indonesia (-10.9% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, surging by 32% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+29.7%), while the other leaders experienced more modest paces of growth.

Scrapers Excavator Imports

Imports in ASEAN

In 2022, overseas purchases of scrapers earth moving, excavating, extracting machinery (not self-propelled) were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt slump. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, scrapers excavator imports soared to $X in 2022. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 31% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X units), Thailand (X units), Indonesia (X units) and the Philippines (X units) was the main importer of scrapers earth moving, excavating, extracting machinery (not self-propelled) in ASEAN, creating 87% of total import. It was distantly followed by Singapore (X units), mixing up a 5.5% share of total imports. The following importers - Vietnam (X units) and Cambodia (X units) - together made up 5.2% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +26.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2022, together comprising 77% of total imports. Singapore, Thailand, Vietnam and Cambodia lagged somewhat behind, together accounting for a further 20%.

In terms of the main importing countries, Cambodia, with a CAGR of +30.2%, recorded 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 ASEAN stood at $X per unit in 2022, with a decrease of -13.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 31% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+12.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform