Indonesia: Bulldozer Market 2024

Bulldozer Market Size in Indonesia

In 2022, the Indonesian bulldozer market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Bulldozer Production in Indonesia

In value terms, bulldozer production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a precipitous descent. Bulldozer production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Bulldozer Exports

Exports from Indonesia

In 2022, overseas shipments of bulldozers and angle dozers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, bulldozer exports fell rapidly to $X in 2022. Over the period under review, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for bulldozer exports from Indonesia, accounting for a X% share of total exports. Moreover, bulldozer exports to the United Arab Emirates exceeded the volume sent to the second major destination, Vietnam (X units), sixfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest markets for bulldozer exported from Indonesia were the United Arab Emirates ($X), Malaysia ($X) and Vietnam ($X), together accounting for X% of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average bulldozer export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 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 Malaysia ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Papua New Guinea (X%), while the prices for the other major destinations experienced a decline.

Bulldozer Imports

Imports into Indonesia

In 2022, purchases abroad of bulldozers and angle dozers increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, bulldozer imports surged to $X in 2022. In general, imports, however, recorded a pronounced decline. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest bulldozer supplier to Indonesia, with a X% share of total imports. Moreover, bulldozer imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was held by Thailand (X units), with a X% share.

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

In value terms, the largest bulldozer suppliers to Indonesia were China ($X), Japan ($X) and Thailand ($X), together accounting for X% of total imports. The United States, Austria, Brazil and Singapore lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, recorded 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

The average bulldozer import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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