United Kingdom - 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 the UK - 2023
Contents:
- Crane Price in the UK (CIF) - 2023
- Crane Price in the UK (FOB) - 2022
- Crane Imports in the UK
- Crane Exports in the UK
Crane Price in the UK (CIF) - 2023
The average crane import price stood at $227K per unit in August 2023, waning by -11.4% against the previous month. Over the period under review, import price indicated a slight increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, crane import price decreased by -17.5% against April 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 59% against the previous month. As a result, import price reached the peak level of $276K per unit. From May 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($515K per unit), while the price for China ($79,118 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Crane Price in the UK (FOB) - 2022
In 2022, the average crane export price amounted to $13,979 per unit, jumping by 16% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 32%. As a result, the export price reached the peak level of $18,277 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($43,108 per unit), while the average price for exports to Finland ($3,744 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 the United States (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Crane Imports in the UK
In 2022, imports of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane into the UK rose sharply to 28K units, picking up by 13% against 2021 figures. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, crane imports surged to $504M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Crane in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.1 | 48.3 | 50.8 | 84.1 | 13.1% |
| Italy | 87.2 | 52.5 | 65.6 | 58.8 | -12.3% |
| Poland | 19.8 | 12.8 | 21.7 | 53.8 | 39.5% |
| France | 23.3 | 10.0 | 16.8 | 52.1 | 30.8% |
| Netherlands | 18.4 | 17.9 | 57.4 | 47.3 | 37.0% |
| Spain | 22.3 | 17.2 | 32.4 | 46.3 | 27.6% |
| Austria | 35.3 | 32.7 | 58.3 | 28.4 | -7.0% |
| Ireland | 23.7 | 19.4 | 21.9 | 17.1 | -10.3% |
| Belgium | 10.4 | 8.0 | 11.0 | 15.8 | 15.0% |
| Finland | 16.9 | 16.0 | 6.1 | 15.1 | -3.7% |
| Japan | 7.7 | 5.9 | 14.5 | 12.5 | 17.5% |
| China | 23.8 | 29.4 | 37.4 | 7.1 | -33.2% |
| Others | 40.0 | 28.7 | 36.3 | 65.9 | 18.1% |
| Total | 387 | 299 | 430 | 504 | 9.2% |
Top Suppliers of Crane to the UK in 2022:
- Germany (6.1K units)
- Spain (4.5K units)
- Italy (2.9K units)
- Poland (2.5K units)
- France (2.2K units)
- Netherlands (1.7K units)
- Belgium (1.4K units)
- Austria (1.1K units)
- Ireland (1.0K units)
- Japan (0.9K units)
- Finland (0.8K units)
- China (0.7K units)
Crane Exports in the UK
In 2022, crane exports from the UK fell to 13K units, with a decrease of -13.1% against 2021 figures. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. As a result, the exports attained the peak of 16K units, and then reduced in the following year.
In value terms, crane exports stood at $189M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +58.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 58%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Crane in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.2 | 5.2 | 10.5 | 19.0 | 32.3% |
| France | 7.0 | 4.5 | 17.6 | 15.9 | 31.5% |
| Netherlands | 5.0 | 7.1 | 23.2 | 13.7 | 39.9% |
| United States | 10.0 | 14.0 | 10.2 | 13.0 | 9.1% |
| Saudi Arabia | 1.9 | 3.1 | 0.5 | 12.2 | 85.9% |
| Ireland | 5.6 | 5.7 | 10.7 | 11.3 | 26.4% |
| Germany | 7.1 | 4.6 | 7.5 | 10.7 | 14.7% |
| Tanzania | 0.1 | 0.1 | 0.2 | 6.3 | 297.9% |
| Spain | 3.2 | 1.5 | 3.3 | 6.3 | 25.3% |
| Norway | 15.0 | 3.7 | 6.3 | 4.2 | -34.6% |
| Finland | 0.9 | 0.1 | 0.2 | 2.5 | 40.6% |
| Poland | 7.4 | 1.0 | 13.6 | 1.9 | -36.4% |
| Egypt | 2.0 | 4.2 | 3.7 | 1.7 | -5.3% |
| Others | 83.8 | 64.3 | 80.4 | 70.0 | -5.8% |
| Total | 157 | 119 | 188 | 189 | 6.4% |
Top Export Markets for Crane from the UK in 2022:
- Netherlands (1635.0 units)
- Ireland (1149.0 units)
- Belgium (1095.0 units)
- France (934.0 units)
- Germany (776.0 units)
- Finland (668.0 units)
- Saudi Arabia (635.0 units)
- Poland (378.0 units)
- Spain (375.0 units)
- Tanzania (372.0 units)
- Egypt (321.0 units)
- Norway (302.0 units)
- United States (301.0 units)
This report provides an in-depth analysis of the crane market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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