Czech Republic: Bulldozer Market 2024

Bulldozer Market Size in the Czech Republic

In 2022, the Czech bulldozer market decreased by -1.1% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a slight increase. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted slightly in the following year.

Bulldozer Production in the Czech Republic

In value terms, bulldozer production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 1.3% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Bulldozer Exports

Exports from the Czech Republic

In 2022, approx. X units of bulldozers and angle dozers were exported from the Czech Republic; growing by 5.6% on 2021 figures. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 21%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, bulldozer exports skyrocketed to $X in 2022. In general, exports, however, faced a deep setback. The growth pace was the most rapid in 2014 with an increase of 76%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X units), Poland (X units) and Serbia (X units) were the main destinations of bulldozer exports from the Czech Republic, together accounting for 63% of total exports. Ukraine, Germany, France and the United States lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +12.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bulldozer exported from the Czech Republic were Poland ($X), Slovakia ($X) and Germany ($X), together comprising 71% of total exports. The United States, Serbia, Ukraine and France lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, Serbia, with a CAGR of +20.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bulldozer export price stood at $X per unit in 2022, rising by 21% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average 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 the United States ($X per unit), while the average price for exports to France ($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 the United States (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bulldozer Imports

Imports into the Czech Republic

In 2022, bulldozer imports into the Czech Republic contracted to X units, waning by -10.3% on 2021 figures. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.0% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 137%. Over the period under review, imports reached the maximum at X units in 2021, and then declined in the following year.

In value terms, bulldozer imports declined significantly to $X in 2022. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 220% against the previous year. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

The Netherlands (X units), France (X units) and the United States (X units) were the main suppliers of bulldozer imports to the Czech Republic, together accounting for 69% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of bulldozers and angle dozers to the Czech Republic, comprising 51% of total imports. The second position in the ranking was taken by France ($X), with a 25% share of total imports. It was followed by the United States, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +104.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+12.5% per year) and the United States (-6.4% per year).

Import Prices by Country

The average bulldozer import price stood at $X per unit in 2022, shrinking by -25.5% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bulldozer import price increased by +51.0% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 103% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+47.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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