Estonia: Crawler Dozer Market 2025

Crawler Dozer Market Size in Estonia

The Estonian crawler dozer market soared to $X in 2022, with an increase of 657% against the previous year. Over the period under review, consumption continues to indicate a significant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Crawler Dozer Production in Estonia

In value terms, crawler dozer production amounted to less than $X in 2022 estimated in export price. In general, production, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. Crawler dozer production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Crawler Dozer Exports

Exports from Estonia

In 2022, after two years of decline, there was significant decline in overseas shipments of crawler dozers, when their volume decreased by -40% to X units. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 185% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, crawler dozer exports declined markedly to $X in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 876%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Lithuania (X units), Latvia (X units) and Austria (X units) were the main destinations of crawler dozer exports from Estonia, together accounting for 78% of total exports. Moreover, crawler dozer exports in Lithuania exceeded the figures recorded by the second-largest exporter, Latvia, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +14.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crawler dozer exported from Estonia were South Korea ($X), Lithuania ($X) and Latvia ($X), together comprising 90% of total exports. The Netherlands and Austria lagged somewhat behind, together accounting for a further 10%.

Among the main countries of destination, the Netherlands, with a CAGR of +35.0%, recorded the highest rates of growth with regard to 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 crawler dozer export price stood at $X per unit in 2022, which is down by -48.2% against the previous year. In general, the export price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 243%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Austria ($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 Netherlands (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Dozer Imports

Imports into Estonia

In 2022, overseas purchases of crawler dozers increased by 6.7% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports posted a noticeable expansion. The pace of growth was the most pronounced in 2016 when imports increased by 147%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, crawler dozer imports skyrocketed to $X in 2022. In general, imports recorded perceptible growth. The pace of growth was the most pronounced in 2015 with an increase of 192%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and Japan (X units) were the main suppliers of crawler dozer imports to Estonia, together accounting for 59% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +24.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crawler dozer suppliers to Estonia were Germany ($X), the United States ($X) and Japan ($X), together comprising 65% of total imports.

Among the main suppliers, Germany, with a CAGR of +35.7%, recorded the highest rates of growth with regard to the value of imports, 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 crawler dozer import price amounted to $X per unit, jumping by 31% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 172%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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 ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform