Northern America: Bulldozer Market 2025

Bulldozer Market Size in Northern America

The North American bulldozer market amounted to $X in 2022, with an increase of 2.8% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.9% against 2020 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in years to come.

Bulldozer Production in Northern America

In value terms, bulldozer production reduced modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 8.9%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Bulldozer Exports

Exports in Northern America

In 2022, overseas shipments of bulldozers and angle dozers increased by 12% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 22% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bulldozer exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by 29%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, finishing at X units, which was approx. 94% of total exports in 2022. It was distantly followed by Canada (X units), achieving a 6% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to bulldozer exports from the United States stood at -6.3%. At the same time, Canada (+4.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +4.2% from 2012-2022. From 2012 to 2022, the share of Canada increased by +3.9 percentage points.

In value terms, the United States ($X) remains the largest bulldozer supplier in Northern America, comprising 96% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.2% share of total exports.

In the United States, bulldozer exports contracted by an average annual rate of -6.2% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, growing by 5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 8.5%. Over the period under review, the export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.9%).

Bulldozer Imports

Imports in Northern America

In 2022, purchases abroad of bulldozers and angle dozers increased by 10% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 78%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, bulldozer imports skyrocketed to $X in 2022. Overall, imports saw a slight increase. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The United States represented the key importing country with an import of around X units, which finished at 84% of total imports. It was distantly followed by Canada (X units), generating a 16% share of total imports.

The United States was also the fastest-growing in terms of the bulldozers and angle dozers imports, with a CAGR of +13.5% from 2012 to 2022. Canada (-4.3%) illustrated a downward trend over the same period. The United States (+35 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -35.3% from 2012 to 2022, respectively.

In value terms, the largest bulldozer importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, the United States, with a CAGR of +6.1%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, with an increase of 37% against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the import price increased by 43% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.0%).

Source: IndexBox Platform

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