Northern America: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Northern America

In 2021, the North American off-highway dumper market was finally on the rise to reach $X after two years of decline. Overall, consumption posted a resilient increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Off-Highway Dumper Production in Northern America

In value terms, off-highway dumper production dropped slightly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1% against the previous year. As a result, production attained the peak level of $X, leveling off in the following year.

Off-Highway Dumper Exports

Exports in Northern America

Off-highway dumper exports was estimated at X units in 2021, picking up by 8% on 2020. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of 64%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, off-highway dumper exports rose rapidly to $X in 2021. Overall, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2017 when exports increased by 79%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States prevails in exports structure, finishing at X units, which was approx. 95% of total exports in 2021. It was distantly followed by Canada (X units), generating a 4.5% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to off-highway dumper exports from the United States stood at -13.9%. Canada (-8.4%) illustrated a downward trend over the same period. Canada (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -1.9% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest off-highway dumper supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 4.8% share of total exports.

In the United States, off-highway dumper exports contracted by an average annual rate of -11.1% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, picking up by 3.3% against the previous year. Export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the export price increased by 27% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.9%).

Off-Highway Dumper Imports

Imports in Northern America

In 2021, imports of dumpers for off-highway use in Northern America soared to X units, growing by 36% on the previous year's figure. Over the period under review, imports, however, saw a deep contraction. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, off-highway dumper imports surged to $X in 2021. In general, imports, however, saw a perceptible reduction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) represented the main importer of dumpers for off-highway use, constituting 72% of total imports. It was distantly followed by Canada (X units), making up a 28% share of total imports.

The United States was also the fastest-growing in terms of the dumpers for off-highway use imports, with a CAGR of -4.7% from 2012 to 2021. Canada (-13.6%) illustrated a downward trend over the same period. The United States (+20 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -20.4% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported dumpers for off-highway use in Northern America, comprising 73% of total imports. The second position in the ranking was taken by Canada ($X), with a 27% share of total imports.

In the United States, off-highway dumper imports increased at an average annual rate of +1.1% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, increasing by 5.9% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 79%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :