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Report World - Self-Propelled Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Self-Propelled Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Global Self-Propelled Boring Machinery Market 2024

Self-Propelled Boring Machinery Market Size

In 2022, the global self-propelled boring machinery market increased by 1.3% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a perceptible reduction. Global consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Self-Propelled Boring Machinery Production

In value terms, self-propelled boring machinery production declined modestly to $X in 2022 estimated in export price. Overall, production, however, showed a slight decline. The pace of growth appeared the most rapid in 2015 with an increase of 60%. Global production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Self-Propelled Boring Machinery Exports

Exports

In 2022, global exports of self-propelled boring or sinking machinery shrank to X units, which is down by -8.4% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 209%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the global exports failed to regain momentum.

In value terms, self-propelled boring machinery exports rose remarkably to $X in 2022. Overall, exports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, the global exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X units) and India (X units) represented the major exporters of self-propelled boring or sinking machineryacross the globe, together creating 33% of total exports. The United States (X units) ranks next in terms of the total exports with a 10% share, followed by Italy (8.6%), Sweden (8.5%), Germany (6.9%), Finland (6.4%) and Singapore (5.1%). Austria (X units), France (X units) and Japan (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +22.6%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, with a combined 42% share of global exports. Sweden, Germany, Finland, Austria, France, India, Singapore and Japan lagged somewhat behind, together comprising a further 41%.

In terms of the main exporting countries, Sweden, with a CAGR of +19.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average self-propelled boring machinery export price amounted to $X per unit, surging by 20% against the previous year. Over the period under review, the export price, however, saw a pronounced setback. The pace of growth was the most pronounced in 2016 an increase of 109% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), while the other global leaders experienced a decline in the export price figures.

Self-Propelled Boring Machinery Imports

Imports

Global self-propelled boring machinery imports contracted modestly to X units in 2022, remaining constant against the previous year's figure. Overall, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Over the period under review, global imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, self-propelled boring machinery imports expanded significantly to $X in 2022. In general, imports showed a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, global imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units), distantly followed by Canada (X units), the United States (X units), Mexico (X units), Brazil (X units) and Russia (X units) represented the main importers of self-propelled boring or sinking machinery, together comprising 47% of total imports. Singapore (X units), Saudi Arabia (X units), Chile (X units), South Africa (X units), Ghana (X units), Australia (X units) and Syrian Arab Republic (X units) followed a long way behind the leaders.

Imports into India decreased at an average annual rate of -8.1% from 2012 to 2022. At the same time, Ghana (+17.7%), the United States (+3.4%), Russia (+1.6%) and Singapore (+1.6%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in the world, with a CAGR of +17.7% from 2012-2022. Australia experienced a relatively flat trend pattern. By contrast, Canada (-1.1%), Chile (-3.1%), Brazil (-4.2%), South Africa (-6.9%), Mexico (-7.0%), Syrian Arab Republic (-13.2%) and Saudi Arabia (-13.7%) illustrated a downward trend over the same period. While the share of the United States (+3.5 p.p.), Ghana (+2.4 p.p.), Russia (+2.2 p.p.), Canada (+2.1 p.p.) and Singapore (+1.9 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Mexico (-1.9 p.p.), Syrian Arab Republic (-2.7 p.p.), Saudi Arabia (-5.4 p.p.) and India (-9.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Australia ($X) and Russia ($X) were the countries with the highest levels of imports in 2022, together accounting for 25% of global imports.

Among the main importing countries, the United States, with a CAGR of +6.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average self-propelled boring machinery import price amounted to $X per unit, growing by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were India, China and the United States, with a combined 34% share of global consumption. Syrian Arab Republic, Togo, Australia, Egypt, Indonesia, South Africa, Iran, Japan and Canada lagged somewhat behind, together accounting for a further 32%.
The countries with the highest volumes of in 2021 were Italy, Germany and China, together comprising 45% of global production. Sweden, Finland, Austria, the United States, France, Indonesia, Japan and the Netherlands lagged somewhat behind, together accounting for a further 44%.
In value terms, China, Italy and Sweden constituted the countries with the highest levels of exports in 2021, with a combined 39% share of global exports.
In value terms, the largest self-propelled boring machinery importing markets worldwide were Australia, the United States and Canada, together comprising 23% of global imports. These countries were followed by India, Chile, Brazil, South Africa, Egypt, Singapore, Spain, Iran, Togo and Syrian Arab Republic, which together accounted for a further 19%.
In 2021, the average self-propelled boring machinery export price amounted to $32,424 per unit, increasing by 4.6% against the previous year.
The average self-propelled boring machinery import price stood at $52,971 per unit in 2021, with a decrease of -21.3% against the previous year.

This report provides an in-depth analysis of the global self-propelled boring machinery market. 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 28921253 - Self-propelled boring or sinking machinery

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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
  • Find deeper insights into current market developments
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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