Egypt: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Egypt

The Egyptian self-propelled bulldozer market soared to $X in 2021, growing by 102% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a pronounced reduction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Self-Propelled Bulldozer Exports

Exports from Egypt

After four years of growth, shipments abroad of self-propelled bulldozers and excavators decreased by 0% to X units in 2021. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 200%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, self-propelled bulldozer exports soared to $X in 2021. Over the period under review, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Tanzania (X units) was the main destination for self-propelled bulldozer exports from Egypt, with a 50% share of total exports. Moreover, self-propelled bulldozer exports to Tanzania exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. The third position in this ranking was held by Spain (X units), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Spain (0.0% per year).

In value terms, Tanzania ($X), Nigeria ($X) and Spain ($X) constituted the largest markets for self-propelled bulldozer exported from Egypt worldwide, with a combined 34% share of total exports.

Spain, with a CAGR of +320.5%, saw 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

The average self-propelled bulldozer export price stood at $X per unit in 2021, rising by 213% against the previous year. In general, the export price recorded a mild expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+23.4%), while the prices for the other major destinations experienced mixed trend patterns.

Self-Propelled Bulldozer Imports

Imports into Egypt

In 2021, approx. X units of self-propelled bulldozers and excavators were imported into Egypt; with an increase of 77% compared with 2020. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 783% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled bulldozer imports skyrocketed to $X in 2021. In general, imports saw a measured expansion. The pace of growth was the most pronounced in 2014 with an increase of 443% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X units) was the main supplier of self-propelled bulldozer to Egypt, with a 1,170% share of total imports. It was followed by the United Arab Emirates (X units), with a 21% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia stood at +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+13.5% per year) and Oman (-46.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of self-propelled bulldozers and excavators to Egypt, comprising 11% of total imports. The second position in the ranking was taken by Oman ($X), with a 0.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+25.1% per year) and Saudi Arabia (-13.1% per year).

Import Prices by Country

The average self-propelled bulldozer import price stood at $X per unit in 2021, jumping by 51% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 917%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+147.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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