Malta: Market for Mechanical Shovels, Excavators And Shovel Loaders 2019

Market Size for Mechanical Shovels, Excavators And Shovel Loaders in Malta

The revenue of the mechanical shovel and excavator market in Malta amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, mechanical shovel and excavator consumption continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Malta mechanical shovel and excavator consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Exports of Mechanical Shovels, Excavators And Shovel Loaders

Exports from Malta

In 2018, the amount of mechanical shovels, excavators and shovel loaders exported from Malta stood at X units, dropping by -X% against the previous year. Over the period under review, mechanical shovel and excavator exports continue to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. In that year, mechanical shovel and excavator exports reached their peak of X units. From 2013 to 2018, the growth of mechanical shovel and excavator exports remained at a somewhat lower figure.

In value terms, mechanical shovel and excavator exports stood at $X in 2018. Over the period under review, mechanical shovel and excavator exports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, mechanical shovel and excavator exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Oman dominates mechanical shovel and excavator exports structure, accounting for X units, which was approx. X% of total exports in 2018. Japan (X units), China (X units), the UK (X units), South Korea (X units) and Uganda (X units) followed a long way behind the leaders.

Oman was also the fastest-growing in terms of the mechanical shovels, excavators and shovel loaders exports, with a CAGR of +X% from 2007 to 2018. At the same time, Uganda (+X%) and China (+X%) displayed positive paces of growth. The UK experienced a relatively flat trend pattern. By contrast, Japan (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of Oman (+X p.p.) and Uganda (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest mechanical shovel and excavator supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Japan was relatively modest. In the other countries, the average annual rates were as follows: China (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The mechanical shovel and excavator export price in Malta stood at $X per unit in 2018, surging by X% against the previous year. Overall, the mechanical shovel and excavator export price, however, continues to indicate a moderate decrease. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. Malta export price peaked at $X per unit in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Imports of Mechanical Shovels, Excavators And Shovel Loaders

Imports into Malta

Mechanical shovel and excavator imports into Malta totaled X units in 2018, going up by X% against the previous year. In general, mechanical shovel and excavator imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Malta imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, mechanical shovel and excavator imports stood at $X in 2018. In general, mechanical shovel and excavator imports continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, mechanical shovel and excavator imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the United Arab Emirates (X units) was the major importer of mechanical shovels, excavators and shovel loaders, mixing up X% of total imports. It was distantly followed by Bahrain (X units), generating a X% share of total imports. The following importers - Qatar (X units), Angola (X units), the U.S. (X units), Iraq (X units) and the Netherlands (X units) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bahrain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported mechanical shovels, excavators and shovel loaders into Malta, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by the United Arab Emirates, with a X% share.

In the U.S., mechanical shovel and excavator imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

The mechanical shovel and excavator import price in Malta stood at $X per unit in 2018, dropping by -X% against the previous year. Overall, the mechanical shovel and excavator import price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. Malta import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform