Europe: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Europe

The Europe self-propelled bulldozer market rose to $X in 2021, picking up by 4.7% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the near future.

Self-Propelled Bulldozer Production in Europe

In value terms, self-propelled bulldozer production stood at $X in 2021 estimated in export price. Overall, production, however, showed a perceptible descent. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Self-Propelled Bulldozer Exports

Exports in Europe

In 2021, the amount of self-propelled bulldozers and excavators exported in Europe surged to X units, picking up by 57% against 2020 figures. In general, exports, however, recorded a noticeable shrinkage. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, self-propelled bulldozer exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt contraction. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The UK represented the major exporting country with an export of about X units, which finished at 55% of total exports. Finland (X units) ranks second in terms of the total exports with a 12% share, followed by Italy (7.4%). The following exporters - the Netherlands (X units), Germany (X units), Austria (X units), France (X units) and Poland (X units) - together made up 14% of total exports.

From 2012 to 2021, average annual rates of growth with regard to self-propelled bulldozer exports from the UK stood at -4.7%. At the same time, Finland (+7.8%), Austria (+5.8%), Germany (+2.5%) and France (+1.3%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Europe, with a CAGR of +7.8% from 2012-2021. By contrast, Italy (-4.0%), the Netherlands (-7.2%) and Poland (-10.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland and Austria increased by +7.6 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) remains the largest self-propelled bulldozer supplier in Europe, comprising 55% of total exports. The second position in the ranking was taken by Italy ($X), with an 8.7% share of total exports. It was followed by Finland, with a 7.8% share.

In the UK, self-propelled bulldozer exports plunged by an average annual rate of -5.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Italy (-5.9% per year) and Finland (+9.6% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, declining by -9.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 17% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the export prices remained 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 France (+2.1%), while the other leaders experienced more modest paces of growth.

Self-Propelled Bulldozer Imports

Imports in Europe

In 2021, self-propelled bulldozer imports in Europe skyrocketed to X units, increasing by 40% against the year before. Total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% 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.

In value terms, self-propelled bulldozer imports soared to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. 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

France (X units), the UK (X units), Germany (X units), Poland (X units) and Russia (X units) represented roughly 56% of total imports in 2021. Spain (X units) held a 4.6% share (based on physical terms) of total imports, which put it in second place, followed by Denmark (4.6%). The following importers - the Netherlands (X units), Ireland (X units), Austria (X units), Belgium (X units), Ukraine (X units) and Norway (X units) - together made up 18% of total imports.

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, the largest self-propelled bulldozer importing markets in Europe were Russia ($X), France ($X) and the UK ($X), together accounting for 37% of total imports. These countries were followed by Poland, Germany, Denmark, Austria, Spain, Ukraine, the Netherlands, Ireland, Norway and Belgium, which together accounted for a further 40%.

Ukraine, with a CAGR of +18.7%, saw the highest growth rate of the value of imports, in terms of 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 Europe stood at $X per unit in 2021, picking up by 4% against the previous year. Overall, the import price, however, recorded a slight setback. The pace of growth was the most pronounced in 2014 when the import price increased by 8.6%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform