Cranes; Tower Cranes Price in Belgium - 2023

Contents:

  1. Cranes; Tower Cranes Price in Belgium (CIF) - 2023
  2. Cranes; Tower Cranes Price in Belgium (FOB) - 2022
  3. Cranes; Tower Cranes Imports in Belgium
  4. Cranes; Tower Cranes Exports in Belgium

Cranes; Tower Cranes Price in Belgium (CIF) - 2023

The average cranes; tower cranes import price stood at $139K per unit in July 2023, reducing by -31.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 123% against the previous month. As a result, import price reached the peak level of $203K per unit, and then dropped significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($408K per unit), while the price for France ($104K per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Price in Belgium (FOB) - 2022

The average cranes; tower cranes export price stood at $26,950 per unit in 2022, increasing by 17% against the previous year. Overall, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 52% against the previous year. As a result, the export price reached the peak level of $78,330 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($46,045 per unit), while the average price for exports to Slovenia ($3,513 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 Estonia (+102.1%), while the prices for the other major destinations experienced mixed trend patterns.

Cranes; Tower Cranes Imports in Belgium

After three years of growth, supplies from abroad of cranes; tower craneses decreased by -1.1% to 1.7K units in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 119%. As a result, imports attained the peak of 1.8K units, and then declined in the following year.

In value terms, cranes; tower cranes imports fell sharply to $65M in 2022. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, imports reached the peak of $86M, and then fell rapidly in the following year.

Import of Cranes; Tower Cranes in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.522.347.035.44.0%
France7.44.010.111.616.2%
Italy8.412.415.310.47.4%
Netherlands2.32.97.04.827.8%
United Kingdom0.3N/A5.91.881.7%
TurkeyN/A0.80.1N/A-87.5%
Others0.51.90.81.337.5%
Total50.444.286.365.39.0%

Top Suppliers of Cranes; Tower Cranes to Belgium in 2022:

  1. Germany (1150.0 units)
  2. France (218.0 units)
  3. Italy (211.0 units)
  4. Netherlands (85.0 units)
  5. United Kingdom (28.0 units)

Cranes; Tower Cranes Exports in Belgium

In 2022, overseas shipments of cranes; tower craneses decreased by -36.4% to 931 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 212%. As a result, the exports reached the peak of 1.5K units, and then contracted sharply in the following year.

In value terms, cranes; tower cranes exports plummeted to $25M in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 106% against the previous year. As a result, the exports reached the peak of $34M, and then contracted dramatically in the following year.

Export of Cranes; Tower Cranes in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.30.73.96.6180.2%
Israel1.42.31.85.557.8%
United KingdomN/AN/A5.04.0-20.0%
Netherlands2.02.91.11.6-7.2%
Morocco0.60.60.71.018.6%
EstoniaN/A0.20.40.9112.1%
France0.61.51.00.810.1%
Bulgaria1.40.91.40.8-17.0%
Hong Kong SARN/A0.61.90.78.0%
EgyptN/A0.1N/A0.4100.0%
Slovakia0.60.20.40.2-30.7%
SloveniaN/AN/A0.10.10.0%
Lithuania0.1N/AN/A0.10.0%
Others5.06.516.22.2-23.9%
Total12.016.433.825.127.9%

Top Export Markets for Cranes; Tower Cranes from Belgium in 2022:

  1. Israel (223.0 units)
  2. United Kingdom (214.0 units)
  3. United States (143.0 units)
  4. Netherlands (42.0 units)
  5. Estonia (42.0 units)
  6. Morocco (40.0 units)
  7. Slovakia (33.0 units)
  8. Lithuania (22.0 units)
  9. Bulgaria (20.0 units)
  10. Egypt (19.0 units)
  11. France (19.0 units)
  12. Hong Kong SAR (18.0 units)
  13. Slovenia (17.0 units)

Source: IndexBox Market Intelligence Platform

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