Report Update Nov 1, 2024

Pakistan - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in Pakistan

In 2021, the Pakistani self-propelled excavating machinery market was finally on the rise to reach $X after two years of decline. In general, consumption recorded prominent growth. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Self-Propelled Excavating Machinery Exports

Exports from Pakistan

In 2020, exports of self-propelled earth moving, excavating machinery from Pakistan contracted notably to X units, which is down by -50% compared with the previous year's figure. Over the period under review, exports saw a abrupt downturn. The exports peaked at X units in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, self-propelled excavating machinery exports dropped rapidly to $X in 2020. In general, exports, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2019 with an increase of 811% against the previous year. As a result, the exports attained the peak of $X, and then contracted markedly in the following year.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2012 to 2021, the average annual growth rate of value to No country was relatively modest.

Export Prices by Country

The average self-propelled excavating machinery export price stood at $X per unit in 2019, therefore, remained relatively stable against the previous year. Over the period under review, the export price posted resilient growth. The growth pace was the most rapid in 2014 when the average export price decreased by -7.1%. The export price peaked in 2019 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2013 to 2019, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.

Self-Propelled Excavating Machinery Imports

Imports into Pakistan

In 2021, overseas purchases of self-propelled earth moving, excavating machinery were finally on the rise to reach X units after two years of decline. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2018 when imports increased by 366%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, self-propelled excavating machinery imports surged to $X in 2021. In general, imports showed a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 478% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest supplier of self-propelled excavating machinery to Pakistan, with a 61% share of total imports. Moreover, self-propelled excavating machinery imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Korea (X units), fivefold. China (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+8.0% per year) and China (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of self-propelled earth moving, excavating machinery to Pakistan, comprising 67% of total imports. The second position in the ranking was held by Sweden ($X), with a 7% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +84.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-2.6% per year) and Germany (+2.3% per year).

Import Prices by Country

The average self-propelled excavating machinery import price stood at $X per unit in 2021, declining by -30.7% against the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 178%. As a result, import price attained the peak level of $X per unit, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+76.5%), 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 self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, together accounting for 39% of global consumption. These countries were followed by Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands, which together accounted for a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

China remains the largest self-propelled excavating machinery producing country worldwide, accounting for 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. Spain ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Pakistan?

In value terms, China constituted the largest supplier of self-propelled excavating machinery to Pakistan, comprising 69% of total imports. The second position in the ranking was occupied by Germany, with a 6.7% share of total imports.

What are the leading importers of self-propelled earth moving, excavating machinery from Pakistan?

In value terms, the United Arab Emirates remains the key foreign market for self-propelled excavating machinery exports from Pakistan.

What is the average export price for self-propelled earth moving, excavating machinery in Pakistan?

In 2021, the average self-propelled excavating machinery export price amounted to $29,303 per unit, which is down by -2.4% against the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Pakistan?

The average self-propelled excavating machinery import price stood at $54,072 per unit in 2021, waning by -38.8% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating machinery market in Pakistan. 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

Country coverage:

Pakistan

Data coverage:

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