Trade Trends
Global exports of concrete-mixer lorries increased from $961.70M in 2019 to $1.35B in 2023, representing a 40.33% growth over the five-year period. Export values declined sharply to $720.51M in 2020, followed by a recovery to $948.06M in 2021 and $1.09B in 2022, before reaching a peak in 2023.
This upward trajectory reflects rising global demand for construction machinery, driven by rapid urbanization, large-scale infrastructure investments, and expanding construction activity in emerging economies. USD-denominated figures indicate a strong post-pandemic recovery, supported by technological advancements in construction equipment and improved international trade linkages.
Top Trading Countries
- China led global exports in 2024 with shipments valued at $800.26M, up from $641.26M in 2023 and $344.30M in 2019. This represents an 86.25% increase from 2019 to 2023 and a further 24.79% rise from 2023 to 2024.
- Germany exported $160.30M in 2024, down from $261.02M in 2023 and $252.96M in 2019. While exports grew marginally by 3.19% between 2019 and 2023, a sharp contraction of 38.59% occurred from 2023 to 2024.
- Canada recorded exports of $123.98M in 2024, up from $120.42M in 2023 and $71.32M in 2019. This reflects a 68.84% increase from 2019 to 2023 and a 2.96% rise from 2023 to 2024.
- United States posted $73.82M in exports in 2024, rising from $59.02M in 2023 and $29.43M in 2019. This marks a 100.52% increase from 2019 to 2023 and a further 25.08% growth from 2023 to 2024.
- Italy reached $50.21M in 2024, slightly up from $48.61M in 2023 but below $68.30M in 2019. Exports declined by 28.82% between 2019 and 2023, followed by a modest recovery of 3.29% in 2024.
On the Rise
- France expanded exports from $8.53M in 2019 to $17.88M in 2023 and $24.91M in 2024. This represents a 109.59% increase from 2019 to 2023 and a strong 39.35% rise from 2023 to 2024.
- Poland demonstrated exceptional growth, increasing exports from $7.79M in 2019 to $10.84M in 2023 and $25.83M in 2024. This reflects a 39.11% increase from 2019 to 2023 and a sharp 138.21% surge from 2023 to 2024.
- Austria grew exports from $2.63M in 2019 to $10.69M in 2023 and $12.71M in 2024. This marks a 305.74% increase from 2019 to 2023 and an 18.9% rise from 2023 to 2024.
- Spain rose from $3.03M in 2019 to $9.13M in 2023 and $10.78M in 2024, reflecting a 201.41% increase from 2019 to 2023 and an 18.02% rise from 2023 to 2024.
These emerging exporters highlight increasing diversification within the concrete-mixer lorry market, supported by expanding manufacturing capabilities and stronger participation in global supply chains.
Disclaimer
These insights are based on available trade data and may not represent the full market reality.
