Report Update Nov 1, 2024

Saudi Arabia - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Crawler Tractor Market 2024

Crawler Tractor Market Size in Saudi Arabia

In 2021, the Saudi crawler tractor market increased by 33% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, faced a abrupt setback. Crawler tractor consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Crawler Tractor Production in Saudi Arabia

In value terms, crawler tractor production totaled $X in 2021 estimated in export price. Over the period under review, production showed a deep contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.5% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Crawler Tractor Exports

Exports from Saudi Arabia

In 2021, shipments abroad of crawler tractors decreased by -93.8% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2017 when exports increased by 67% against the previous year. The exports peaked at X units in 2020, and then contracted notably in the following year.

In value terms, crawler tractor exports fell dramatically to $X in 2021. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 15% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Sudan (X units) was the main destination for crawler tractor exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sudan stood at -18.1%.

In value terms, Sudan ($X) emerged as the key foreign market for crawler tractors exports from Saudi Arabia, comprising 66% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 24% share of total exports. It was followed by Egypt, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sudan stood at -14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-95.5% per year) and Egypt (-23.1% per year).

Export Prices by Country

In 2021, the average crawler tractor export price amounted to $X per unit, jumping by 154% against the previous year. Overall, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1,103,990.9%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Tractor Imports

Imports into Saudi Arabia

For the third year in a row, Saudi Arabia recorded growth in supplies from abroad of crawler tractors, which increased by 41% to X units in 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 50% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, crawler tractor imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X units), China (X units) and Japan (X units) were the main suppliers of crawler tractor imports to Saudi Arabia, together comprising 3.4% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +300.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crawler tractor suppliers to Saudi Arabia were China ($X), the United States ($X) and Japan ($X), together comprising 58% of total imports.

Among the main suppliers, China, with a CAGR of +166.0%, saw the highest growth rate of 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 2021, the average crawler tractor import price amounted to $X per unit, declining by -13.1% against the previous year. Overall, the import price saw a sharp setback. The most prominent rate of growth was recorded in 2017 when the average import price decreased by -1.2%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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 the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+77.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crawler tractors in the world?

The countries with the highest volumes of in 2021 were Japan, Italy and the Netherlands, together accounting for 32% of global consumption. These countries were followed by Germany, Iraq, Australia, Russia, Nepal, Romania, Belarus and the United States, which together accounted for a further 25%.

What are the largest producers of crawler tractors in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Italy, together comprising 66% of global production.

What are the leading suppliers of crawler tractors to Saudi Arabia?

In value terms, South Korea constituted the largest supplier of crawler tractor to Saudi Arabia.

What are the leading importers of crawler tractors from Saudi Arabia?

In value terms, the United Arab Emirates, Sudan and Egypt appeared to be the largest markets for crawler tractor exported from Saudi Arabia worldwide, together accounting for 94% of total exports.

What is the average export price for crawler tractors in Saudi Arabia?

The average crawler tractor export price stood at $22,297 per unit in 2021, falling by -3.7% against the previous year.

What is the average import price for crawler tractors in Saudi Arabia?

The average crawler tractor import price stood at $1,559 per unit in 2020, almost unchanged from the previous year.

This report provides an in-depth analysis of the crawler tractor market in Saudi Arabia. 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 28925000 - (Crawler tractors) Track-laying tractors

Country coverage:

Saudi Arabia

Data coverage:

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