Report Update Nov 1, 2024

Nigeria - Crawler Dozers - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Crawler Dozer Market 2024

Crawler Dozer Market Size in Nigeria

In 2022, the Nigerien crawler dozer market was finally on the rise to reach $X after two years of decline. Overall, consumption posted a resilient increase. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Crawler Dozer Exports

Exports from Nigeria

In 2022, shipments abroad of crawler dozers increased by 33% to X units, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 300% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, crawler dozer exports soared to $X in 2022. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 7,444%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ghana (X units), Benin (X units) and the Netherlands (X units) were the main destinations of crawler dozer exports from Nigeria, with a combined 75% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ghana (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for crawler dozers exports from Nigeria, comprising 79% of total exports. The second position in the ranking was held by Benin ($X), with a 16% share of total exports. It was followed by Ghana, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (-1.4% per year) and Ghana (-17.2% per year).

Export Prices by Country

The average crawler dozer export price stood at $X per unit in 2022, increasing by 4.6% against the previous year. Over the period under review, the export price enjoyed a measured increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 1,786% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Netherlands ($X per unit), while the average price for exports to Niger ($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 (+16.3%), while the prices for the other major destinations experienced a decline.

Crawler Dozer Imports

Imports into Nigeria

In 2022, supplies from abroad of crawler dozers was finally on the rise to reach X units after two years of decline. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, crawler dozer imports soared to $X in 2022. Overall, imports saw prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by 178% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest crawler dozer supplier to Nigeria, accounting for a 8.7% share of total imports. Moreover, crawler dozer imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was taken by Brazil (X units), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +22.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.8% per year) and Brazil (+16.2% per year).

In value terms, the largest crawler dozer suppliers to Nigeria were China ($X), Brazil ($X) and the United States ($X), together accounting for 55% of total imports. Belgium, South Africa, the Netherlands, the United Arab Emirates, India, Egypt, Sweden, Poland, Singapore and South Korea lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, South Africa, with a CAGR of +69.3%, 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, dropping by -57.9% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+39.3%), 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 crawler dozers in the world?

Japan constituted the country with the largest volume of crawler dozer consumption, accounting for 31% of total volume. Moreover, crawler dozer consumption in Japan exceeded the figures recorded by the second-largest consumer, Brazil, threefold. The United States ranked third in terms of total consumption with an 8.9% share.

What are the largest producers of crawler dozers in the world?

Japan constituted the country with the largest volume of crawler dozer production, comprising approx. 41% of total volume. Moreover, crawler dozer production in Japan exceeded the figures recorded by the second-largest producer, Brazil, threefold. The third position in this ranking was occupied by the United States, with a 9.6% share.

What are the leading suppliers of crawler dozers to Nigeria?

In value terms, Panama constituted the largest supplier of crawler dozer to Nigeria.

What are the leading importers of crawler dozers from Nigeria?

In value terms, Benin remains the key foreign market for crawler dozer exports from Nigeria.

What is the average export price for crawler dozers in Nigeria?

In 2021, the average crawler dozer export price amounted to $131,640 per unit, reducing by -16.3% against the previous year.

What is the average import price for crawler dozers in Nigeria?

The average crawler dozer import price stood at $119,695 per unit in 2021, shrinking by -94.9% against the previous year.

This report provides an in-depth analysis of the crawler dozer market in Nigeria. 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 28922130 - Crawler dozers (excluding wheeled)

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
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