China - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Excavating Machinery Price in China - 2023
Contents:
- Self-Propelled Excavating Machinery Price in China (FOB) - 2022
- Self-Propelled Excavating Machinery Price in China (CIF) - 2022
- Self-Propelled Excavating Machinery Exports in China
- Self-Propelled Excavating Machinery Imports in China
Self-Propelled Excavating Machinery Price in China (FOB) - 2022
In 2022, the average self-propelled excavating machinery export price amounted to $54,168 per unit, waning by -6.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, the average export prices attained the peak figure at $67,867 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($147,924 per unit), while the average price for exports to Fiji ($758 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 Nepal (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Excavating Machinery Price in China (CIF) - 2022
The average self-propelled excavating machinery import price stood at $418,910 per unit in 2022, increasing by 141% against the previous year. In general, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($927,123 per unit), while the price for Poland ($30,809 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 (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Self-Propelled Excavating Machinery Exports in China
After two years of decline, overseas shipments of self-propelled earth moving, excavating machinery increased by 55% to 6.4K units in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, self-propelled excavating machinery exports surged to $347M in 2022. Over the period under review, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Self-Propelled Excavating Machinery in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 31.3 | 22.9 | 14.4 | 43.0 | 11.2% |
Russia | 68.1 | 40.4 | 27.3 | 39.0 | -17.0% |
India | 17.7 | 13.2 | 24.6 | 33.8 | 24.1% |
South Africa | 14.2 | 4.0 | 8.8 | 19.3 | 10.8% |
Indonesia | 14.2 | 6.2 | 7.4 | 13.3 | -2.2% |
Egypt | 1.1 | 2.3 | 3.4 | 7.1 | 86.2% |
Kazakhstan | 10.9 | 3.6 | 4.6 | 3.4 | -32.2% |
Guyana | N/A | N/A | 0.3 | 3.1 | 933.3% |
Nepal | 0.4 | 0.9 | 1.0 | 2.0 | 71.0% |
Liberia | 0.6 | 2.5 | N/A | 1.3 | 29.4% |
Guatemala | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
Fiji | N/A | N/A | N/A | 0.3 | 0% |
Benin | N/A | N/A | N/A | 0.3 | 0% |
Others | 154 | 114 | 147 | 180 | 5.3% |
Total | 313 | 210 | 239 | 347 | 3.5% |
Top Export Markets for Self-Propelled Excavating Machinery from China in 2022:
- Belgium (870.0 units)
- Guyana (481.0 units)
- India (439.0 units)
- Indonesia (405.0 units)
- Fiji (398.0 units)
- Egypt (350.0 units)
- Russia (269.0 units)
- Liberia (243.0 units)
- Benin (208.0 units)
- Guatemala (181.0 units)
- South Africa (130.0 units)
- Nepal (127.0 units)
- Kazakhstan (124.0 units)
Self-Propelled Excavating Machinery Imports in China
In 2022, supplies from abroad of self-propelled earth moving, excavating machinery decreased by -85.6% to 124 units, falling for the second year in a row after two years of growth. Overall, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 68%. As a result, imports attained the peak of 1.2K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, self-propelled excavating machinery imports shrank rapidly to $52M in 2022. Over the period under review, imports recorded a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 83%. As a result, imports reached the peak of $192M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Self-Propelled Excavating Machinery in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 6.0 | 11.0 | 20.1 | 38.2 | 85.3% |
South Korea | 82.2 | 165 | 116 | 5.1 | -60.4% |
United States | 1.0 | 5.5 | 1.7 | 3.7 | 54.7% |
Japan | 0.3 | 0.6 | 0.8 | 2.2 | 94.3% |
South Africa | N/A | N/A | N/A | 1.8 | 0% |
Poland | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
Canada | 0.5 | N/A | 0.2 | N/A | -36.8% |
Others | 14.7 | 9.7 | 10.8 | 0.7 | -63.8% |
Total | 105 | 192 | 149 | 51.9 | -20.9% |
Top Suppliers of Self-Propelled Excavating Machinery to China in 2022:
- Sweden (60.0 units)
- South Korea (31.0 units)
- Japan (21.0 units)
- United States (4.0 units)
- Poland (3.0 units)
- South Africa (2.0 units)
This report provides an in-depth analysis of the self-propelled excavating machinery market in China. 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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