United Arab Emirates: Bulldozer Market 2024

Bulldozer Market Size in the United Arab Emirates

The bulldozer market in the United Arab Emirates dropped dramatically to $X in 2022, waning by -15.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a mild decline. Bulldozer consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Bulldozer Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of bulldozers and angle dozers was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 with an increase of 131% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, bulldozer exports rose modestly to $X in 2022. Overall, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of 118%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for bulldozer exports from the United Arab Emirates, with a 49% share of total exports. Moreover, bulldozer exports to Australia exceeded the volume sent to the second major destination, Tanzania (X units), fivefold. Singapore (X units) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume to Australia stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Singapore (+47.6% per year).

In value terms, Australia ($X) emerged as the key foreign market for bulldozers and angle dozers exports from the United Arab Emirates, comprising 76% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 3.5% share of total exports. It was followed by Niger, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-6.3% per year) and Niger (-7.6% per year).

Export Prices by Country

In 2022, the average bulldozer export price amounted to $X per unit, dropping by -5.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Italy ($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 Singapore (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bulldozer Imports

Imports into the United Arab Emirates

Bulldozer imports into the United Arab Emirates plummeted to X units in 2022, falling by -16.9% on 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 75%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, bulldozer imports dropped to $X in 2022. In general, imports showed a noticeable downturn. The growth pace was the most rapid in 2018 with an increase of 54%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of bulldozer to the United Arab Emirates, accounting for a 58% share of total imports. Moreover, bulldozer imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. The Philippines (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.0% per year) and the Philippines (+29.7% per year).

In value terms, Japan ($X) constituted the largest supplier of bulldozers and angle dozers to the United Arab Emirates, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with a 4% share of total imports. It was followed by Australia, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+39.1% per year) and Australia (+41.7% per year).

Import Prices by Country

In 2022, the average bulldozer import price amounted to $X per unit, growing by 5.5% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 ($X per unit), while the price for Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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