Canada - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCrane Price in Canada - 2023
Contents:
- Crane Price in Canada (CIF) - 2023
- Crane Price in Canada (FOB) - 2023
- Crane Imports in Canada
- Crane Exports in Canada
Crane Price in Canada (CIF) - 2023
The average crane import price stood at $147K per unit in September 2023, falling by -13.2% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 20% month-to-month. As a result, import price reached the peak level of $186K per unit. From March 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($270K per unit), while the price for France ($67,376 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Crane Price in Canada (FOB) - 2023
In September 2023, the average crane export price amounted to $223K per unit, surging by 4.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2023 when the average export price increased by 29% against the previous month. The export price peaked in September 2023.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was the United States ($226K per unit), while the average price for exports to Italy stood at $203K per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.0%).
Crane Imports in Canada
In 2022, purchases abroad of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane increased by 4.1% to 26K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep reduction. Imports peaked at 33K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, crane imports stood at $387M in 2022. Overall, imports, however, recorded a slight descent. Over the period under review, imports hit record highs at $405M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Crane in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 91.1 | 88.1 | 90.4 | 102 | 3.8% |
| Japan | 32.7 | 26.4 | 35.4 | 54.8 | 18.8% |
| Germany | 34.7 | 78.6 | 26.1 | 53.8 | 15.7% |
| Italy | 41.8 | 45.5 | 53.3 | 50.3 | 6.4% |
| Austria | 45.2 | 21.9 | 30.2 | 36.5 | -6.9% |
| Ireland | 17.5 | 15.8 | 18.1 | 18.5 | 1.9% |
| Spain | 13.6 | 23.2 | 9.8 | 17.8 | 9.4% |
| China | 26.9 | 36.0 | 40.9 | 6.8 | -36.8% |
| France | 47.9 | 6.5 | 7.0 | 3.8 | -57.0% |
| Others | 53.3 | 38.6 | 26.4 | 42.6 | -7.2% |
| Total | 405 | 380 | 338 | 387 | -1.5% |
Top Suppliers of Crane to Canada in 2022:
- United States (6.7K units)
- Italy (4.4K units)
- Japan (4.0K units)
- Germany (4.0K units)
- Austria (1.6K units)
- Ireland (1.2K units)
- Spain (0.9K units)
- France (0.5K units)
- China (0.4K units)
Crane Exports in Canada
In 2022, exports of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane from Canada was estimated at 8K units, approximately mirroring 2021 figures. Over the period under review, exports, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports reached the maximum at 8.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, crane exports expanded modestly to $144M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Crane in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 133 | 114 | 127 | 140 | 1.7% |
| Others | 10.4 | 2.4 | 12.4 | 3.2 | -32.5% |
| Total | 143 | 116 | 139 | 144 | 0.2% |
Top Export Markets for Crane from Canada in 2022:
- United States (7.8K units)
This report provides an in-depth analysis of the crane market in Canada. 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 28221420 - Overhead travelling cranes on fixed support
- Prodcom 28221433 - Mobile lifting frames on tyres and straddle carriers
- Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes
- Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
- Prodcom 28221450 - Self-propelled lifting equipment, of a kind mounted to run on rails in servicing building sites, quarries and the like
- Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles
- Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
-
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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