France: Wheeled Loader Market 2024

Wheeled Loader Market Size in France

After four years of decline, the French wheeled loader market increased by 212% to $X in 2021. Overall, consumption showed a notable increase. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wheeled Loader Production in France

In value terms, wheeled loader production amounted to $X in 2021 estimated in export price. Overall, production saw a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 798% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Wheeled Loader Exports

Exports from France

In 2021, shipments abroad of wheeled loaders, crawler shovel loaders, front-end loaders decreased by -5.7% to X units, falling for the second year in a row after three years of growth. In general, exports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of 57% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, wheeled loader exports expanded significantly to $X in 2021. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 55% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Romania (X units) and Belgium (X units) were the main destinations of wheeled loader exports from France, together comprising 33% of total exports. The Netherlands, Poland, the United States, Spain, Italy, the UK, Egypt, Portugal, Morocco and Norway lagged somewhat behind, together comprising a further 47%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +28.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Romania ($X) constituted the largest markets for wheeled loader exported from France worldwide, with a combined 49% share of total exports. Italy, Spain, Belgium, the UK, Poland, the Netherlands, Egypt, Norway, Portugal and Morocco lagged somewhat behind, together accounting for a further 30%.

Italy, with a CAGR of +35.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wheeled loader export price stood at $X per unit in 2021, picking up by 19% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wheeled loader export price increased by +94.0% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 53%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Morocco ($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 Germany (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into France

In 2021, after two years of decline, there was significant growth in purchases abroad of wheeled loaders, crawler shovel loaders, front-end loaders, when their volume increased by 32% to X units. In general, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 37%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, wheeled loader imports rose notably to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 24% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest wheeled loader supplier to France, with a 54% share of total imports. Moreover, wheeled loader imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), sevenfold. Belgium (X units) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+23.2% per year) and Belgium (+2.1% per year).

In value terms, the largest wheeled loader suppliers to France were Germany ($X), Belgium ($X) and the UK ($X), with a combined 57% share of total imports. The Czech Republic, Sweden, the Netherlands, Austria, Italy, the United States and South Korea lagged somewhat behind, together accounting for a further 37%.

The Czech Republic, with a CAGR of +30.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheeled loader import price stood at $X per unit in 2021, waning by -17% against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 Sweden ($X per unit), while the price for Germany ($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 Czech Republic (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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