Qatar - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Qatar - 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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Crane Price in Qatar - 2023

Contents:

  1. Crane Price in Qatar (CIF) - 2022
  2. Crane Price in Qatar (FOB) - 2023
  3. Crane Imports in Qatar
  4. Crane Exports in Qatar

Crane Price in Qatar (CIF) - 2022

The average crane import price stood at $11,251 per unit in 2022, surging by 16% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2013 when the average import price increased by 427%. Over the period under review, average import prices hit record highs at $16,881 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Japan ($73,995 per unit), while the price for China ($3,743 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+304.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Crane Price in Qatar (FOB) - 2023

The average crane export price stood at $14,566 per unit in August 2023, which is down by -23.3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 786% m-o-m. The export price peaked at $42,083 per unit in February 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Australia ($58,426 per unit), while the average price for exports to Turkey ($1,719 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Crane Imports in Qatar

In 2022, after three years of growth, there was significant decline in overseas purchases of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane, when their volume decreased by -63% to 3.8K units. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 154% against the previous year. As a result, imports attained the peak of 10K units, and then plummeted in the following year.

In value terms, crane imports declined significantly to $43M in 2022. Over the period under review, imports, however, recorded a notable increase. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. Imports peaked at $100M in 2021, and then dropped notably in the following year.

Import of Crane in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.31.93.312.154.2%
China4.135.569.89.331.4%
Germany14.617.317.87.5-19.9%
United States1.21.20.52.731.0%
South Korea1.01.03.22.637.5%
Turkey2.40.81.72.1-4.4%
Italy4.63.81.11.8-26.9%
Malaysia2.10.5N/AN/A-76.2%
Others6.54.03.15.2-7.2%
Total39.766.010043.22.9%

Top Suppliers of Crane to Qatar in 2022:

  1. China (2475.0 units)
  2. Turkey (414.0 units)
  3. United States (165.0 units)
  4. Japan (164.0 units)
  5. Italy (163.0 units)
  6. South Korea (150.0 units)
  7. Germany (139.0 units)
  8. Malaysia (1.0 units)

Crane Exports in Qatar

Crane exports from Qatar fell sharply to 1.9K units in 2021, reducing by -46.6% compared with 2020. Overall, exports recorded a sharp decline. The smallest decline of -25.2% was in 2020. Over the period under review, the exports attained the peak figure at 4.7K units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, crane exports contracted rapidly to $8.9M in 2021. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -26.5% was in 2020. Over the period under review, the exports hit record highs at $23M in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Export of Crane in Qatar (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
AustraliaN/AN/A1,3700%
NigeriaN/AN/A1,1500%
Iran52834490330.8%
India5,3451,784883-59.4%
Vietnam15.354.2691572.0%
Belgium117511577122.1%
Singapore1,4761,502554-38.7%
Saudi ArabiaN/AN/A4750%
Iraq1,6162,335422-48.9%
United Arab EmiratesN/AN/A4000%
Egypt52.7231282131.3%
Germany92.3N/A23258.5%
Others13,85710,215960-73.7%
Total23,09916,9768,897-37.9%

Top Export Markets for Crane from Qatar in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the crane market in Qatar. 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:

    • Qatar

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Qatar
    • 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. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. 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. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

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

      The Largest Destinations for Exports

      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. 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 In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

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