China: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in China

The Chinese wheeled dozer market declined to $X in 2022, reducing by -12.7% against the previous year. Over the period under review, consumption continues to indicate a noticeable downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wheeled Dozer Production in China

In value terms, wheeled dozer production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 11% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wheeled Dozer Exports

Exports from China

In 2022, approx. X units of wheeled dozers were exported from China; jumping by 32% against the previous year's figure. Overall, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by 42% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wheeled dozer exports soared to $X in 2022. In general, exports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 280%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X units) was the main destination for wheeled dozer exports from China, accounting for a 49% share of total exports. Moreover, wheeled dozer exports to Malaysia exceeded the volume sent to the second major destination, the Dominican Republic (X units), ninefold. The third position in this ranking was held by Indonesia (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia totaled +52.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (0.0% per year) and Indonesia (+2.5% per year).

In value terms, Malaysia ($X) emerged as the key foreign market for wheeled dozers exports from China, comprising 29% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 10% share of total exports. It was followed by Pakistan, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia stood at +96.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+41.8% per year) and Pakistan (+29.6% per year).

Export Prices by Country

In 2022, the average wheeled dozer export price amounted to $X per unit, surging by 34% against the previous year. In general, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2016 an increase of 467% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while the average price for exports to Equatorial Guinea ($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 Sudan (+187.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Dozer Imports

Imports into China

In 2022, purchases abroad of wheeled dozers decreased by -30.8% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 117% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wheeled dozer imports declined significantly to $X in 2022. In general, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 197%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of wheeled dozer to China, with a 78% share of total imports. Moreover, wheeled dozer imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled -22.4%.

In value terms, Japan ($X) constituted the largest supplier of wheeled dozers to China, comprising 82% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Japan totaled +5.5%.

Import Prices by Country

In 2022, the average wheeled dozer import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 243% against the previous year. The import price peaked at $X per unit in 2021, and then reduced slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+60.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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