EU: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in the EU

In 2022, the EU wheeled dozer market increased by 67% to $X, rising for the second year in a row after two years of decline. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +74.7% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wheeled Dozer Production in the EU

In value terms, wheeled dozer production declined to $X in 2022 estimated in export price. In general, production, however, recorded a slight setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 4.9% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wheeled Dozer Exports

Exports in the EU

In 2022, exports of wheeled dozers in the European Union dropped to X units, which is down by -8.4% compared with the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, wheeled dozer exports rose sharply to $X in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy represented the largest exporting country with an export of about X units, which finished at 30% of total exports. It was distantly followed by the Netherlands (X units), Belgium (X units), Sweden (X units), Denmark (X units), Lithuania (X units), France (X units) and Poland (X units), together creating a 58% share of total exports.

Exports from Italy increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Denmark (+38.9%), Lithuania (+35.7%), Sweden (+27.8%), Poland (+6.1%) and France (+2.4%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +38.9% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Belgium (-8.7%) illustrated a downward trend over the same period. While the share of Sweden (+8.5 p.p.), Denmark (+7.6 p.p.), Italy (+6.9 p.p.), Lithuania (+6 p.p.) and Poland (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-15.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 68% of total exports. Lithuania, France, Denmark, Poland and Sweden lagged somewhat behind, together accounting for a further 13%.

Lithuania, with a CAGR of +54.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the export price in the European Union amounted to $X per unit, picking up by 16% against the previous year. In general, the export price, however, showed a deep downturn. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+13.9%), while the other leaders experienced mixed trends in the export price figures.

Wheeled Dozer Imports

Imports in the EU

Wheeled dozer imports expanded remarkably to X units in 2022, increasing by 5.7% against 2021. Total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 61%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wheeled dozer imports reduced sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 32%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Denmark (X units) and Spain (X units) represented the largest importers of wheeled dozers in 2022, finishing at near 23% and 20% of total imports, respectively. Malta (X units) took the next position in the ranking, followed by Romania (X units), Italy (X units) and Sweden (X units). All these countries together held approx. 34% share of total imports. The following importers - Lithuania (X units), Poland (X units), the Netherlands (X units), Finland (X units), Ireland (X units) and France (X units) - together made up 18% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Malta (with a CAGR of +245.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Spain ($X) and Italy ($X) were the countries with the highest levels of imports in 2022, with a combined 60% share of total imports. Finland, Poland, Denmark, the Netherlands, France, Ireland, Lithuania, Sweden and Malta lagged somewhat behind, together comprising a further 26%.

Denmark, with a CAGR of +56.1%, 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 2022, which is down by -32.2% against the previous year. Overall, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the import price increased by 21%. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while Malta ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+13.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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