United Arab Emirates: Self-Propelled Bulldozer Market 2024

Self-Propelled Bulldozer Market Size in the United Arab Emirates

The self-propelled bulldozer market in the United Arab Emirates surged to $X in 2021, growing by 37% 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, however, recorded a perceptible curtailment. Self-propelled bulldozer consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Bulldozer Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of self-propelled bulldozers and excavators were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 63%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, self-propelled bulldozer exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 101% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Uruguay (X units), Angola (X units) and the Netherlands (X units) were the main destinations of self-propelled bulldozer exports from the United Arab Emirates, with a combined 80% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uruguay (with a CAGR of +2,150.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) emerged as the key foreign market for self-propelled bulldozers and excavators exports from the United Arab Emirates, comprising 39% of total exports. The second position in the ranking was held by Tanzania ($X), with a 6.8% share of total exports. It was followed by Romania, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to Angola stood at +101.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-15.9% per year) and Romania (+24.3% per year).

Export Prices by Country

The average self-propelled bulldozer export price stood at $X per unit in 2021, increasing by 61% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, self-propelled bulldozer export price decreased by -12.1% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 67%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Uruguay ($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 Romania (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Bulldozer Imports

Imports into the United Arab Emirates

In 2021, approx. X units of self-propelled bulldozers and excavators were imported into the United Arab Emirates; increasing by 46% against 2020 figures. In general, imports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2018 when imports increased by 59% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, self-propelled bulldozer imports expanded remarkably to $X in 2021. Over the period under review, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 47% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X units), Saudi Arabia (X units) and the UK (X units) were the main suppliers of self-propelled bulldozer imports to the United Arab Emirates, together comprising 72% of total imports. The United States, Indonesia, Singapore, Canada and Oman lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +21.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest self-propelled bulldozer suppliers to the United Arab Emirates were India ($X), the UK ($X) and the United States ($X), together accounting for 62% of total imports. Saudi Arabia, Indonesia, Singapore, Canada and Oman lagged somewhat behind, together comprising a further 19%.

Canada, with a CAGR of +25.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average self-propelled bulldozer import price amounted to $X per unit, falling by -25.2% against the previous year. Over the period under review, the import price showed a pronounced slump. The growth pace was the most rapid in 2019 an increase of 23% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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