Malaysia: Bulldozer Market 2024

Bulldozer Market Size in Malaysia

The Malaysian bulldozer market rose slightly to $X in 2022, growing by 4.3% against the previous year. In general, consumption showed a abrupt decline. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Bulldozer Production in Malaysia

In value terms, bulldozer production soared to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt descent. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Bulldozer Exports

Exports from Malaysia

In 2022, the amount of bulldozers and angle dozers exported from Malaysia shrank remarkably to X units, reducing by -31% compared with 2021 figures. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 171%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bulldozer exports fell significantly to $X in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 159%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Papua New Guinea (X units), Liberia (X units) and Indonesia (X units) were the main destinations of bulldozer exports from Malaysia, with a combined 83% share of total exports. Bangladesh, Singapore, Saudi Arabia, Congo, Solomon Islands, Thailand, Suriname and Australia lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +2.9%), while the other leaders experienced more modest paces of growth.

In value terms, Papua New Guinea ($X), Liberia ($X) and Thailand ($X) were the largest markets for bulldozer exported from Malaysia worldwide, with a combined 88% share of total exports. Indonesia, Bangladesh, Congo, Saudi Arabia, Australia, Singapore, Solomon Islands and Suriname lagged somewhat behind, together accounting for a further 11%.

Bangladesh, with a CAGR of +26.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average bulldozer export price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 63% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Singapore ($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 Cameroon (+89.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bulldozer Imports

Imports into Malaysia

In 2022, bulldozer imports into Malaysia dropped rapidly to X units, waning by -37.5% on the year before. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 155% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, bulldozer imports contracted rapidly to $X in 2022. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 200% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Japan (X units) were the main suppliers of bulldozer imports to Malaysia, with a combined 82% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +41.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of bulldozers and angle dozers to Malaysia, comprising 67% of total imports. The second position in the ranking was held by Brazil ($X), with a 10% share of total imports. It was followed by the United States, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-9.8% per year) and the United States (-8.3% per year).

Import Prices by Country

In 2022, the average bulldozer import price amounted to $X per unit, with an increase of 6.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 56%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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