EU: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in the EU

In 2021, the EU self-propelled bulldozer market increased by 18% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Self-Propelled Bulldozer Production in the EU

In value terms, self-propelled bulldozer production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep slump. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Self-Propelled Bulldozer Exports

Exports in the EU

In 2021, the amount of self-propelled bulldozers and excavators exported in the European Union surged to X units, growing by 25% compared with 2020. In general, exports, however, continue to indicate a perceptible reduction. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, self-propelled bulldozer exports surged to $X in 2021. Overall, exports, however, showed a noticeable downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Finland (X units), distantly followed by Italy (X units), the Netherlands (X units), Germany (X units), Austria (X units), France (X units) and Poland (X units) represented the largest exporters of self-propelled bulldozers and excavators, together comprising 78% of total exports. The following exporters - Belgium (X units), Denmark (X units), Ireland (X units), Sweden (X units) and Spain (X units) - together made up 13% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Sweden (with a CAGR of +19.8%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Finland ($X) and Austria ($X) were the countries with the highest levels of exports in 2021, with a combined 51% share of total exports. The Netherlands, Germany, Belgium, Poland, France, Denmark, Ireland, Spain and Sweden lagged somewhat behind, together comprising a further 39%.

Sweden, with a CAGR of +11.1%, 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

The export price in the European Union stood at $X per unit in 2021, rising by 5.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 24%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+16.1%), while the other leaders experienced more modest paces of growth.

Self-Propelled Bulldozer Imports

Imports in the EU

For the fifth consecutive year, the European Union recorded growth in purchases abroad of self-propelled bulldozers and excavators, which increased by 32% to X units in 2021. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled bulldozer imports soared to $X in 2021. Total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X units), followed by Germany (X units), Poland (X units), Spain (X units), Denmark (X units), the Netherlands (X units) and Ireland (X units) represented the largest importers of self-propelled bulldozers and excavators, together generating 70% of total imports. Austria (X units), Belgium (X units), Hungary (X units), Italy (X units), Romania (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Poland ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, with a combined 41% share of total imports. Denmark, Austria, Spain, Sweden, Italy, Hungary, the Netherlands, Ireland, Belgium and Romania lagged somewhat behind, together accounting for a further 43%.

In terms of the main importing countries, Spain, with a CAGR of +16.7%, 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 2021, the import price in the European Union amounted to $X per unit, rising by 1.7% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the import price increased by 10% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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