Belgium: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Belgium

The Belgian wheeled dozer market skyrocketed to $X in 2022, with an increase of 52,937% against the previous year. Over the period under review, consumption saw significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wheeled Dozer Production in Belgium

In value terms, wheeled dozer production stood at less than $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume decreased by -10%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wheeled Dozer Exports

Exports from Belgium

After six years of growth, shipments abroad of wheeled dozers decreased by -48.9% to X units in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheeled dozer exports reduced remarkably to $X in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 49%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), the Czech Republic (X units) and Ireland (X units) were the main destinations of wheeled dozer exports from Belgium, together accounting for 34% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +32.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the Czech Republic ($X) and France ($X) were the largest markets for wheeled dozer exported from Belgium worldwide, with a combined 36% share of total exports. Ireland, Germany, Poland, Bulgaria, Hungary, Slovakia, Spain, Italy, Serbia and Ghana lagged somewhat behind, together accounting for a further 41%.

Slovakia, with a CAGR of +33.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wheeled dozer export price amounted to $X per unit, surging by 14% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2020 an increase of 33% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Dozer Imports

Imports into Belgium

In 2022, approx. X units of wheeled dozers were imported into Belgium; dropping by -77.5% on the previous year's figure. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by 82% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, wheeled dozer imports shrank remarkably to $X in 2022. Over the period under review, imports faced a sharp setback. The most prominent rate of growth was recorded in 2014 when imports increased by 49%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), France (X units) and the UK (X units) were the main suppliers of wheeled dozer imports to Belgium, together accounting for 85% of total imports. Italy, Norway, Australia, Japan, Poland, Germany and China lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +7.2%), while imports for the other leaders experienced a decline.

In value terms, the largest wheeled dozer suppliers to Belgium were France ($X), the Netherlands ($X) and Norway ($X), together comprising 88% of total imports. Germany, Italy, the UK, Poland, China, Australia and Japan lagged somewhat behind, together accounting for a further 8.6%.

In terms of the main suppliers, Italy, with a CAGR of +23.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average wheeled dozer import price amounted to $X per unit, surging by 114% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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