Sri Lanka: Self-Propelled Bulldozer Market 2025

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

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