Germany: Wheeled Loader Market 2024

Wheeled Loader Market Size in Germany

The German wheeled loader market plummeted to $X in 2021, reducing by -45.9% against the previous year. Over the period under review, consumption showed a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Wheeled Loader Production in Germany

In value terms, wheeled loader production expanded slightly to $X in 2021 estimated in export price. In general, production, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2014 with an increase of 24%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Wheeled Loader Exports

Exports from Germany

In 2021, exports of wheeled loaders, crawler shovel loaders, front-end loaders from Germany surged to X units, growing by 21% on 2020 figures. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, wheeled loader exports soared to $X in 2021. In general, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X units), Poland (X units) and France (X units) were the main destinations of wheeled loader exports from Germany, together comprising 31% of total exports. Austria, the United States, the UK, Denmark, Sweden, Belgium, Switzerland, Canada, the Czech Republic and Finland lagged somewhat behind, together comprising a further 48%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +23.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and the United States ($X) constituted the largest markets for wheeled loader exported from Germany worldwide, together accounting for 29% of total exports. Poland, the UK, Austria, Sweden, Denmark, Belgium, Switzerland, Finland, the Czech Republic and Canada lagged somewhat behind, together accounting for a further 46%.

In terms of the main countries of destination, Canada, with a CAGR of +25.7%, saw the highest growth rate of the value of exports, 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, growing by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($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 the UK (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into Germany

Wheeled loader imports into Germany expanded markedly to X units in 2021, with an increase of 6.7% on 2020. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 22%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, wheeled loader imports rose rapidly to $X in 2021. Over the period under review, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 16% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X units), China (X units) and the UK (X units) were the main suppliers of wheeled loader imports to Germany, with a combined 58% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +34.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheeled loader suppliers to Germany were Austria ($X), the UK ($X) and the Netherlands ($X), with a combined 49% share of total imports. These countries were followed by Sweden, France, China, Belgium, the United States, Italy and Japan, which together accounted for a further 43%.

Among the main suppliers, China, with a CAGR of +20.7%, 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 average wheeled loader import price amounted to $X per unit, with an increase of 6.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 10% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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