Southern Asia: Off-Highway Dumper Market 2025

Off-Highway Dumper Market Size in Southern Asia

In 2021, the South Asian off-highway dumper market decreased by -22% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, recorded a significant increase. The level of consumption peaked at $X in 2020, and then dropped significantly in the following year.

Off-Highway Dumper Production in Southern Asia

In value terms, off-highway dumper production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Off-Highway Dumper Exports

Exports in Southern Asia

After two years of decline, overseas shipments of dumpers for off-highway use increased by 74% to X units in 2021. In general, exports, however, faced a deep slump. 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 soared to $X in 2021. Over the period under review, exports, however, continue to indicate a deep downturn. 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 shipments of the one major exporters of dumpers for off-highway use, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the dumpers for off-highway use exports, with a CAGR of -10.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest off-highway dumper supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at -8.8%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, picking up by 20% against the previous year. Export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.8% 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 an increase of 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 lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +1.8% per year.

Off-Highway Dumper Imports

Imports in Southern Asia

Off-highway dumper imports dropped sharply to X units in 2021, which is down by -47.3% against 2020 figures. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 260%. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, off-highway dumper imports shrank rapidly to $X in 2021. Overall, imports, however, posted strong growth. The growth pace was the most rapid in 2020 when imports increased by 272%. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

India dominates imports structure, resulting at X units, which was approx. 88% of total imports in 2021. It was distantly followed by Pakistan (X units), achieving a 7.6% share of total imports. Sri Lanka (X units) held a minor share of total imports.

Imports into India increased at an average annual rate of +17.7% from 2012 to 2021. At the same time, Sri Lanka (+26.6%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +26.6% from 2012-2021. Pakistan experienced a relatively flat trend pattern. While the share of India (+40 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Pakistan (-9.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported dumpers for off-highway use in Southern Asia, comprising 88% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 7.4% share of total imports.

In India, off-highway dumper imports increased at an average annual rate of +15.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Pakistan (-0.2% per year) and Sri Lanka (+22.9% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, approximately mirroring the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the import price increased by 11%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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