Pakistan: Crawler Dozer Market 2024

Crawler Dozer Market Size in Pakistan

The Pakistani crawler dozer market fell to $X in 2022, dropping by -9.3% 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). Overall, consumption, however, enjoyed a resilient expansion. Crawler dozer consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Crawler Dozer Exports

Exports from Pakistan

In 2022, overseas shipments of crawler dozers decreased by 0% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 100% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, crawler dozer exports shrank modestly to $X in 2022. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 61% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined modestly in the following year.

Exports by Country

Afghanistan (X units) and the United Arab Emirates (X units) were the main destinations of crawler dozer exports from Pakistan. Moreover, crawler dozer exports in Afghanistan exceeded the figures recorded by the second-largest exporter, the United Arab Emirates, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Afghanistan (with a CAGR of +7.2%).

In value terms, Afghanistan ($X) remains the key foreign market for crawler dozers exports from Pakistan, comprising 90% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Afghanistan totaled +10.9%.

Export Prices by Country

In 2022, the average crawler dozer export price amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 177%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then contracted in the following year.

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 Afghanistan ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+3.5%), while the prices for the other major destinations experienced a decline.

Crawler Dozer Imports

Imports into Pakistan

Crawler dozer imports into Pakistan dropped to X units in 2022, falling by -6.5% on the previous year. Over the period under review, imports, however, showed tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 229% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, crawler dozer imports fell to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 431%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), France (X units) and Japan (X units) were the main suppliers of crawler dozer imports to Pakistan, together accounting for 63% of total imports. Saudi Arabia, the United Arab Emirates, Brazil, China, Austria, Germany and Poland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +21.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crawler dozer suppliers to Pakistan were the United States ($X), China ($X) and Austria ($X), together comprising 62% of total imports. France, Japan, Brazil, Saudi Arabia, the United Arab Emirates, Germany and Poland lagged somewhat behind, together accounting for a further 32%.

Germany, with a CAGR of +27.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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, shrinking by -4% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crawler dozer import price increased by +63.4% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 61%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then declined modestly in the following year.

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 China ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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