Greece: Crawler Dozer Market 2024

Crawler Dozer Market Size in Greece

In 2022, the Greek crawler dozer market increased by 6.1% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Crawler Dozer Production in Greece

In value terms, crawler dozer production reached $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 7.2% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Crawler Dozer Exports

Exports from Greece

In 2022, exports of crawler dozers from Greece fell sharply to X units, shrinking by -50% compared with the previous year. Overall, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, crawler dozer exports soared to $X in 2022. Over the period under review, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 273% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Egypt (X units) and Israel (X units) were the main destinations of crawler dozer exports from Greece. Moreover, crawler dozer exports in the United States exceeded the figures recorded by the second-largest exporter, Egypt, twofold.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) emerged as the key foreign market for crawler dozers exports from Greece, comprising 94% of total exports. The second position in the ranking was taken by Israel ($X), with a 4.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (0.0% per year) and Egypt (-18.6% per year).

Export Prices by Country

The average crawler dozer export price stood at $X per unit in 2022, jumping by 271% against the previous year. In general, the export price posted a significant expansion. 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 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+32.9%), while the prices for the other major destinations experienced mixed trend patterns.

Crawler Dozer Imports

Imports into Greece

In 2022, approx. X units of crawler dozers were imported into Greece; with an increase of 59% compared with the year before. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2016 when imports increased by 144%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crawler dozer imports skyrocketed to $X in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,083% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X units), Germany (X units) and France (X units) were the main suppliers of crawler dozer imports to Greece, with a combined 71% share of total imports. Brazil, Ireland, Norway, the United States, the Netherlands, Belgium, Italy and Luxembourg lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +41.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of crawler dozers to Greece, comprising 34% of total imports. The second position in the ranking was taken by Brazil ($X), with a 15% share of total imports. It was followed by France, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +74.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+27.8% per year) and France (+22.0% per year).

Import Prices by Country

The average crawler dozer import price stood at $X per unit in 2022, surging by 47% against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 761% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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