Romania: Crawler Dozer Market 2024

Crawler Dozer Market Size in Romania

In 2022, the Romanian crawler dozer market increased by 308% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, consumption showed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Crawler Dozer Production in Romania

In value terms, crawler dozer production stood at less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with a decrease of 99.9% against the previous year. Crawler dozer production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Crawler Dozer Exports

Exports from Romania

In 2022, approx. X units of crawler dozers were exported from Romania; rising by 82% against 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 550% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, crawler dozer exports surged to $X in 2022. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 1,294%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for crawler dozer exports from Romania, accounting for a 40% share of total exports. Moreover, crawler dozer exports to Germany exceeded the volume sent to the second major destination, Bulgaria (X units), threefold. The third position in this ranking was held by Moldova (X units), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-2.8% per year) and Moldova (-10.3% per year).

In value terms, Bulgaria ($X), Germany ($X) and Moldova ($X) constituted the largest markets for crawler dozer exported from Romania worldwide, together comprising 73% of total exports. Serbia, Azerbaijan, Italy, Senegal and the Netherlands lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, Italy, with a CAGR of +6.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average crawler dozer export price amounted to $X per unit, shrinking by -27% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2020 an increase of 114%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to the Netherlands ($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 Ukraine (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Dozer Imports

Imports into Romania

After two years of growth, overseas purchases of crawler dozers decreased by -13% to X units in 2022. In general, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 98%. Over the period under review, imports hit record highs at X units in 2021, and then reduced in the following year.

In value terms, crawler dozer imports contracted dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 128% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

The Netherlands (X units), Austria (X units) and France (X units) were the main suppliers of crawler dozer imports to Romania, with a combined 56% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +16.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Austria ($X) and France ($X) were the largest crawler dozer suppliers to Romania, together comprising 75% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +27.9%, 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 -16.4% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then dropped sharply 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 the Netherlands ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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