Asia-Pacific: Motor Grader Market 2024

Motor Grader Market Size in Asia-Pacific

The Asia-Pacific motor grader market declined remarkably to $X in 2022, shrinking by -30.8% against the previous year. Over the period under review, consumption saw a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Motor Grader Production in Asia-Pacific

In value terms, motor grader production rose slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 50% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Motor Grader Exports

Exports in Asia-Pacific

In 2022, overseas shipments of motor graders and levellers increased by 82% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, motor grader exports surged to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 64% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China represented the key exporting country with an export of around X units, which recorded 80% of total exports. It was distantly followed by Japan (X units), mixing up a 14% share of total exports. India (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +10.3% from 2012 to 2022. At the same time, India (+13.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +13.5% from 2012-2022. Japan experienced a relatively flat trend pattern. China (+28 p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -9.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest motor grader supplier in Asia-Pacific, comprising 71% of total exports. The second position in the ranking was held by Japan ($X), with a 24% share of total exports.

In China, motor grader exports increased at an average annual rate of +3.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-1.3% per year) and India (+10.9% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, shrinking by -28.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the export price increased by 11% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

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 Japan ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.5%), while the other leaders experienced a decline in the export price figures.

Motor Grader Imports

Imports in Asia-Pacific

In 2022, overseas purchases of motor graders and levellers increased by 4.9% to X units, rising for the second year in a row after three years of decline. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 57%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, motor grader imports rose notably to $X in 2022. Over the period under review, imports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 53% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of motor graders and levellers, namely India, Australia, the Philippines and Indonesia, represented more than two-thirds of total import. Thailand (X units), Pakistan (X units), Cambodia (X units), Singapore (X units), Papua New Guinea (X units), Japan (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan (with a CAGR of +32.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported motor graders and levellers in Asia-Pacific, comprising 47% of total imports. The second position in the ranking was held by Indonesia ($X), with a 16% share of total imports. It was followed by India, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -2.0%. In the other countries, the average annual rates were as follows: Indonesia (-7.9% per year) and India (+16.0% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, with an increase of 8.3% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motor grader import price increased by +80.3% against 2017 indices. The pace of growth was the most pronounced in 2018 when the import price increased by 57% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 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 Australia ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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