Report Update Nov 1, 2024

Ghana - Self-Propelled Bulldozers and Excavators - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Ghana

In 2021, the Ghanian self-propelled bulldozer market increased by 8.2% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, showed a dramatic decrease. Self-propelled bulldozer consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Bulldozer Exports

Exports from Ghana

In 2021, after two years of decline, there was significant growth in overseas shipments of self-propelled bulldozers and excavators, when their volume increased by 167% to X units. Overall, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 225% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, self-propelled bulldozer exports soared to $X in 2021. Over the period under review, exports recorded a strong expansion. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X units) was the main destination for self-propelled bulldozer exports from Ghana, accounting for a approx. 88% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Africa stood at +24.1%.

In value terms, South Africa ($X) also remains the key foreign market for self-propelled bulldozers and excavators exports from Ghana.

From 2012 to 2021, the average annual growth rate of value to South Africa stood at +10.6%.

Export Prices by Country

The average self-propelled bulldozer export price stood at $X per unit in 2021, falling by -5.7% against the previous year. In general, the export price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 174%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for Cameroon amounted to +1,008.2% per year.

Self-Propelled Bulldozer Imports

Imports into Ghana

In 2021, overseas purchases of self-propelled bulldozers and excavators increased by 4.9% to X units, rising for the second year in a row after four years of decline. Overall, imports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 108%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, self-propelled bulldozer imports expanded notably to $X in 2021. Over the period under review, imports, however, recorded a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 99%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X units) constituted the largest supplier of self-propelled bulldozer to Ghana, accounting for a 43% share of total imports. Moreover, self-propelled bulldozer imports from India exceeded the figures recorded by the second-largest supplier, Switzerland (X units), sixfold. The third position in this ranking was taken by the United States (X units), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+38.7% per year) and the United States (-31.8% per year).

In value terms, India ($X), Switzerland ($X) and Belgium ($X) were the largest self-propelled bulldozer suppliers to Ghana, with a combined 38% share of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +46.7%, saw the highest growth rate of 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 self-propelled bulldozer import price amounted to $X per unit, picking up by 6.5% against the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 Belgium (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled bulldozers and excavators in the world?

South Africa remains the largest self-propelled bulldozer consuming country worldwide, accounting for 88% of total volume. Moreover, self-propelled bulldozer consumption in South Africa exceeded the figures recorded by the second-largest consumer, South Korea, more than tenfold.

What are the largest producers of self-propelled bulldozers and excavators in the world?

The countries with the highest volumes of self-propelled bulldozer production in 2021 were South Korea, the UK and India, with a combined 80% share of global production. Finland, Italy, Spain, Turkey, Brazil and China lagged somewhat behind, together accounting for a further 14%.

What are the leading suppliers of self-propelled bulldozers and excavators to Ghana?

In value terms, China constituted the largest supplier of self-propelled bulldozer to Ghana, comprising 23% of total imports. The second position in the ranking was occupied by India, with a 10% share of total imports. It was followed by Switzerland, with an 8.3% share.

What are the leading importers of self-propelled bulldozers and excavators from Ghana?

In value terms, South Africa remains the key foreign market for self-propelled bulldozer exports from Ghana, comprising 77% of total exports. The second position in the ranking was occupied by Mali, with a 5.4% share of total exports. It was followed by Benin, with a 3.5% share.

What is the average export price for self-propelled bulldozers and excavators in Ghana?

The average self-propelled bulldozer export price stood at $117,575 per unit in 2021, declining by -27.6% against the previous year.

What is the average import price for self-propelled bulldozers and excavators in Ghana?

The average self-propelled bulldozer import price stood at $267,016 per unit in 2021, dropping by -11.5% against the previous year.

This report provides an in-depth analysis of the self-propelled bulldozer market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023