Chile: Bulldozer Market 2024

Bulldozer Market Size in Chile

The Chilean bulldozer market fell to $X in 2022, with a decrease of -9.8% against the previous year. Overall, consumption recorded a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Bulldozer Production in Chile

In value terms, bulldozer production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 62% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Bulldozer Exports

Exports from Chile

For the seventh consecutive year, Chile recorded decline in shipments abroad of bulldozers and angle dozers, which decreased by -37.5% to X units in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 146% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, bulldozer exports reduced sharply to $X in 2022. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of 61%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Paraguay (X units), Uruguay (X units) and Bolivia (X units) were the main destinations of bulldozer exports from Chile, with a combined 53% share of total exports. Italy, Belgium, the United States, Mexico and Peru lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +14.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Belgium ($X) and Mexico ($X) appeared to be the largest markets for bulldozer exported from Chile worldwide, together accounting for 63% of total exports. Uruguay, the United States, Paraguay, Peru and Italy lagged somewhat behind, together comprising a further 37%.

Uruguay, with a CAGR of +121.3%, 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 bulldozer export price amounted to $X per unit, falling by -14.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The growth pace was the most rapid in 2019 an increase of 119%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Italy ($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 Uruguay (+112.5%), while the prices for the other major destinations experienced more modest paces of growth.

Bulldozer Imports

Imports into Chile

In 2022, approx. X units of bulldozers and angle dozers were imported into Chile; with a decrease of -8.4% against 2021 figures. Overall, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2017 with an increase of 103% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, bulldozer imports dropped to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 137%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X units), the United States (X units) and Japan (X units) were the main suppliers of bulldozer imports to Chile, together accounting for 76% of total imports. Austria, China, the Czech Republic and Turkey lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +166.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bulldozer suppliers to Chile were the United States ($X), Brazil ($X) and Japan ($X), with a combined 93% share of total imports. Austria, China, the Czech Republic and Turkey lagged somewhat behind, together accounting for a further 5.6%.

The Czech Republic, with a CAGR of +611.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bulldozer import price amounted to $X per unit, falling by -6.3% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Turkey ($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 Czech Republic (+166.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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