EU: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in the EU

The EU off-highway dumper market reduced to $X in 2021, with a decrease of -5.9% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Off-Highway Dumper Production in the EU

In value terms, off-highway dumper production declined notably to $X in 2021 estimated in export price. Overall, production showed a slight decrease. The growth pace was the most rapid in 2020 when the production volume increased by 14% against the previous year. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Off-Highway Dumper Exports

Exports in the EU

In 2021, the amount of dumpers for off-highway use exported in the European Union surged to X units, picking up by 31% against the previous year's figure. The total export volume increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, off-highway dumper exports soared to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +117.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 45%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

The Netherlands (X units) and Germany (X units) represented roughly 45% of total exports in 2021. Belgium (X units) held the next position in the ranking, followed by Austria (X units), Italy (X units), Finland (X units), France (X units) and Spain (X units). All these countries together took approx. 44% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +16.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Finland ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021, together comprising 58% of total exports. These countries were followed by Belgium, Austria, Italy, Spain and France, which together accounted for a further 37%.

Austria, with a CAGR of +15.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, surging by 3.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 when the export price increased by 21% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%), while the other leaders experienced more modest paces of growth.

Off-Highway Dumper Imports

Imports in the EU

In 2021, supplies from abroad of dumpers for off-highway use was finally on the rise to reach X units after two years of decline. The total import volume increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, off-highway dumper imports skyrocketed to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X units), distantly followed by Germany (X units), Poland (X units), France (X units), Belgium (X units) and Italy (X units) represented the key importers of dumpers for off-highway use, together committing 73% of total imports. Spain (X units), Austria (X units), Ireland (X units), Finland (X units), Denmark (X units), the Czech Republic (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic (with a CAGR of +23.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2021, together accounting for 46% of total imports. These countries were followed by the Netherlands, Belgium, Austria, Italy, Spain, Finland, Ireland, the Czech Republic, Denmark and Romania, which together accounted for a further 48%.

The Czech Republic, with a CAGR of +25.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, which is down by -2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2016 when the import price increased by 26%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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