Turkey: Crawler Dozer Market 2024

Crawler Dozer Market Size in Turkey

In 2022, the Turkish crawler dozer market increased by 2.9% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption, however, continues to indicate a slight decline. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Crawler Dozer Production in Turkey

In value terms, crawler dozer production contracted markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when the production volume increased by 190% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Crawler Dozer Exports

Exports from Turkey

Crawler dozer exports from Turkey expanded rapidly to X units in 2022, increasing by 8.9% compared with the year before. Over the period under review, exports saw a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 144% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, crawler dozer exports reduced remarkably to $X in 2022. In general, exports saw pronounced growth. The pace of growth was the most pronounced in 2018 with an increase of 245% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Azerbaijan (X units) and Cote d'Ivoire (X units) were the main destinations of crawler dozer exports from Turkey, with a combined 52% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +89.9%), while the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Georgia ($X) and the Netherlands ($X) were the largest markets for crawler dozer exported from Turkey worldwide, together comprising 53% of total exports. Australia, Mexico, Russia, Kyrgyzstan, Spain, Iran, Egypt, Cote d'Ivoire, Liberia and Albania lagged somewhat behind, together accounting for a further 42%.

Liberia, with a CAGR of +191.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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, which is down by -41.8% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 85% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Cote d'Ivoire ($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 Liberia (+131.1%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Dozer Imports

Imports into Turkey

In 2022, overseas purchases of crawler dozers increased by 70% to X units, rising for the third year in a row after four years of decline. In general, imports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by 214% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, crawler dozer imports soared to $X in 2022. Over the period under review, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when imports increased by 286%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X units), Brazil (X units) and China (X units) were the main suppliers of crawler dozer imports to Turkey, with a combined 71% share of total imports. The United States, Austria, Thailand and France lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +49.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Japan ($X) and Austria ($X) appeared to be the largest crawler dozer suppliers to Turkey, together accounting for 81% of total imports. China, Thailand, the United States and France lagged somewhat behind, together accounting for a further 18%.

Thailand, with a CAGR of +64.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, waning by -20.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 37%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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