New Zealand: Crawler Dozer Market 2024

Crawler Dozer Market Size in New Zealand

The New Zealand crawler dozer market fell markedly to $X in 2022, with a decrease of -30.3% against the previous year. In general, consumption, however, continues to indicate a resilient expansion. Crawler dozer consumption peaked at $X in 2021, and then contracted significantly in the following year.

Crawler Dozer Production in New Zealand

In value terms, crawler dozer production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with a decrease of 99.9%. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Crawler Dozer Exports

Exports from New Zealand

Crawler dozer exports from New Zealand surged to X units in 2022, growing by 56% compared with 2021 figures. In general, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2018 when exports increased by 133% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, crawler dozer exports skyrocketed to $X in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 451% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for crawler dozer exports from New Zealand, accounting for a 79% share of total exports. Moreover, crawler dozer exports to Australia exceeded the volume sent to the second major destination, Singapore (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled +27.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and Vietnam (0.0% per year).

In value terms, Australia ($X) remains the key foreign market for crawler dozers exports from New Zealand, comprising 96% of total exports. The second position in the ranking was taken by Singapore ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled +54.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and Vietnam (0.0% per year).

Export Prices by Country

The average crawler dozer export price stood at $X per unit in 2022, rising by 37% against the previous year. Over the period under review, the export price posted buoyant growth. The growth pace was the most rapid in 2020 an increase of 244% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Singapore ($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 Samoa (+43.6%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Dozer Imports

Imports into New Zealand

In 2022, the amount of crawler dozers imported into New Zealand dropped dramatically to X units, with a decrease of -28.6% on the year before. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 76%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, crawler dozer imports declined markedly to $X in 2022. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 101%. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

Japan (X units), the United States (X units) and South Korea (X units) were the main suppliers of crawler dozer imports to New Zealand, with a combined 87% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Thailand ($X) constituted the largest crawler dozer suppliers to New Zealand, with a combined 92% share of total imports.

Among the main suppliers, Thailand, with a CAGR of +24.8%, saw 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 2022, the average crawler dozer import price amounted to $X per unit, rising by 9.8% against the previous year. In general, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Thailand ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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