Report Update Nov 1, 2024

Sri Lanka - Self-Propelled Bulldozers and Excavators - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in Sri Lanka

In 2021, the Sri Lankan self-propelled bulldozer market increased by 134% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Self-Propelled Bulldozer Exports

Exports from Sri Lanka

In 2021, after four years of decline, there was significant growth in overseas shipments of self-propelled bulldozers and excavators, when their volume increased by 367% to X units. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 800%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, self-propelled bulldozer exports soared to $X in 2021. Over the period under review, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 409% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

India (X units), the United Arab Emirates (X units) and Bangladesh (X units) were the main destinations of self-propelled bulldozer exports from Sri Lanka, with a combined 50% share of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +13.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Indonesia ($X) and Singapore ($X) were the largest markets for self-propelled bulldozer exported from Sri Lanka worldwide, together comprising 61% of total exports.

Indonesia, with a CAGR of +1.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average self-propelled bulldozer export price amounted to $X per unit, declining by -56.9% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 87%. As a result, the export price reached the peak level of $X per unit, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per unit), while the average price for exports to India ($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 South Korea (+185.8%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Bulldozer Imports

Imports into Sri Lanka

In 2021, overseas purchases of self-propelled bulldozers and excavators increased by 148% to X units, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 211%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, self-propelled bulldozer imports skyrocketed to $X in 2021. In general, imports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 243% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Japan (X units) was the main self-propelled bulldozer supplier to Sri Lanka, with a 97% share of total imports. It was followed by the UK (X units), with a 1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +35.9%.

In value terms, the UK ($X) and Japan ($X) were the largest self-propelled bulldozer suppliers to Sri Lanka.

In terms of the main suppliers, the UK, with a CAGR of -12.2%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average self-propelled bulldozer import price amounted to $X per unit, shrinking by -7.1% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Japan totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+42.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled bulldozers and excavators in the world?

South Africa remains the largest self-propelled bulldozer consuming country worldwide, comprising approx. 88% of total volume. Moreover, self-propelled bulldozer consumption in South Africa exceeded the figures recorded by the second-largest consumer, South Korea, more than tenfold.

What are the largest producers of self-propelled bulldozers and excavators in the world?

The countries with the highest volumes of self-propelled bulldozer production in 2021 were South Korea, the UK and India, together comprising 80% of global production. Finland, Italy, Spain, Turkey, Brazil and China lagged somewhat behind, together comprising a further 14%.

What are the leading suppliers of self-propelled bulldozers and excavators to Sri Lanka?

In value terms, Japan constituted the largest supplier of self-propelled bulldozer to Sri Lanka, comprising 7.3% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 0.1% share of total imports.

What are the leading importers of self-propelled bulldozers and excavators from Sri Lanka?

In value terms, India remains the key foreign market for self-propelled bulldozer exports from Sri Lanka, comprising 95% of total exports. The second position in the ranking was occupied by Maldives, with a 2.4% share of total exports. It was followed by Indonesia, with a 1.1% share.

What is the average export price for self-propelled bulldozers and excavators in Sri Lanka?

The average self-propelled bulldozer export price stood at $35,713 per unit in 2021, declining by -42.1% against the previous year.

What is the average import price for self-propelled bulldozers and excavators in Sri Lanka?

In 2021, the average self-propelled bulldozer import price amounted to $10,729 per unit, reducing by -2% against the previous year.

This report provides an in-depth analysis of the self-propelled bulldozer market in Sri Lanka. 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 28922730 - Self-propelled bulldozers, excavators..., n.e.c.

Country coverage:

Sri Lanka

Data coverage:

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