France: Full-Rotation Excavator Market 2024

Full-Rotation Excavator Market Size in France

The French full-rotation excavator market skyrocketed to $X in 2021, jumping by 66% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Full-rotation excavator consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Full-Rotation Excavator Production in France

In value terms, full-rotation excavator production expanded remarkably to $X in 2021 estimated in export price. Overall, production, however, saw a deep setback. Full-rotation excavator production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Full-Rotation Excavator Exports

Exports from France

In 2021, approx. X units of self-propelled full-rotation excavators and bulldozers were exported from France; increasing by 14% against the year before. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 45%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, full-rotation excavator exports skyrocketed to $X in 2021. Over the period under review, total exports 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. Based on 2021 figures, exports decreased by -7.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 19%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for full-rotation excavator exports from France, accounting for a 25% share of total exports. Moreover, full-rotation excavator exports to Germany exceeded the volume sent to the second major destination, Italy (X units), twofold. Poland (X units) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+22.1% per year) and Poland (+27.2% per year).

In value terms, Germany ($X) remains the key foreign market for self-propelled full-rotation excavators and bulldozers exports from France, comprising 32% of total exports. The second position in the ranking was taken by Italy ($X), with an 8.5% share of total exports. It was followed by the United States, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+17.9% per year) and the United States (-1.9% per year).

Export Prices by Country

The average full-rotation excavator export price stood at $X per unit in 2021, growing by 3.5% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Full-Rotation Excavator Imports

Imports into France

For the sixth year in a row, France recorded growth in purchases abroad of self-propelled full-rotation excavators and bulldozers, which increased by 24% to X units in 2021. Over the period under review, imports showed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 65% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, full-rotation excavator imports skyrocketed to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 40% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Japan (X units), the Netherlands (X units) and Belgium (X units) were the main suppliers of full-rotation excavator imports to France, together accounting for 60% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest full-rotation excavator suppliers to France were Belgium ($X), the Netherlands ($X) and Germany ($X), together accounting for 56% of total imports.

Belgium, with a CAGR of +11.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average full-rotation excavator import price amounted to $X per unit, stabilizing at the previous year. In general, the import price, however, showed a pronounced curtailment. The growth pace was the most rapid in 2015 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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