Egypt: Crawler Dozer Market 2024

Crawler Dozer Market Size in Egypt

The Egyptian crawler dozer market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption saw a slight slump. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Crawler Dozer Exports

Exports from Egypt

In 2022, shipments abroad of crawler dozers was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a tangible increase. The pace of growth was the most pronounced in 2019 with an increase of 83% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, crawler dozer exports declined slightly to $X in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 404% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Libya (X units), Sudan (X units) and the Netherlands (X units) were the main destinations of crawler dozer exports from Egypt, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of +11.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Libya ($X) and Nigeria ($X) were the largest markets for crawler dozer exported from Egypt worldwide, together comprising 97% of total exports.

In terms of the main countries of destination, Libya, with a CAGR of +65.8%, 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

In 2022, the average crawler dozer export price amounted to $X per unit, waning by -12.8% against the previous year. Over the period under review, the export price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 175%. The export price peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Saudi Arabia ($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 Libya (+48.6%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Dozer Imports

Imports into Egypt

In 2022, overseas purchases of crawler dozers decreased by 0% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2014 with an increase of 232%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, crawler dozer imports rose rapidly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 122% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest crawler dozer supplier to Egypt, accounting for a 60% share of total imports. Moreover, crawler dozer imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+21.5% per year) and Germany (+5.8% per year).

In value terms, the United States ($X) constituted the largest supplier of crawler dozers to Egypt, comprising 70% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 5.7% share of total imports. It was followed by Belgium, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+46.4% per year) and Belgium (+9.9% per year).

Import Prices by Country

The average crawler dozer import price stood at $X per unit in 2022, with an increase of 13% against the previous year. In general, the import price recorded temperate growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Netherlands ($X per unit), while the price for South Korea ($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 (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :