Cranes; Tower Cranes Price in Germany - 2023

Contents:

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

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

In 2022, the average cranes; tower cranes export price amounted to $17,210 per unit, declining by -22.8% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2013 an increase of 50%. The export price peaked at $107,219 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($23,787 per unit), while the average price for exports to France ($12,427 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 Egypt (+15.6%), while the prices for the other major destinations experienced a decline.

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

In July 2023, the average cranes; tower cranes import price amounted to $216K per unit, picking up by 91% against the previous month. In general, the import price showed a moderate increase. The pace of growth was the most pronounced in May 2023 when the average import price increased by 141% m-o-m. Over the period under review, average import prices hit record highs in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($352K per unit), while the price for Switzerland ($12,837 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 Spain (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Exports in Germany

Cranes; tower cranes exports from Germany skyrocketed to 16K units in 2022, picking up by 23% compared with 2021. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 41%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cranes; tower cranes exports contracted to $279M in 2022. In general, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. The exports peaked at $299M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Cranes; Tower Cranes in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria47.934.647.743.6-3.1%
France44.535.945.041.5-2.3%
Switzerland26.835.037.735.09.3%
Belgium23.528.332.325.62.9%
Netherlands18.013.819.222.98.4%
EgyptN/AN/AN/A21.10%
United States21.725.211.715.7-10.2%
Italy10.16.810.88.6-5.2%
Hungary1.02.56.98.4103.3%
Norway4.40.89.17.720.5%
Iceland0.4N/A0.95.7142.4%
Sweden7.05.86.54.4-14.3%
Luxembourg3.02.44.94.010.1%
Others90.873.460.534.6-27.5%
Total299265293279-2.3%

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

  1. France (3.3K units)
  2. Austria (2.2K units)
  3. Switzerland (2.1K units)
  4. Belgium (1.4K units)
  5. Netherlands (1.2K units)
  6. Egypt (0.9K units)
  7. United States (0.8K units)
  8. Hungary (0.5K units)
  9. Norway (0.5K units)
  10. Italy (0.4K units)
  11. Iceland (0.3K units)
  12. Sweden (0.3K units)
  13. Luxembourg (0.3K units)

Cranes; Tower Cranes Imports in Germany

After three years of growth, supplies from abroad of cranes; tower craneses decreased by -24.2% to 2.2K units in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports attained the peak of 2.9K units, and then fell notably in the following year.

In value terms, cranes; tower cranes imports fell rapidly to $133M in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73%. As a result, imports attained the peak of $169M, and then dropped dramatically in the following year.

Import of Cranes; Tower Cranes in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain52.439.886.049.1-2.1%
Italy22.223.132.731.912.8%
France14.26.720.331.830.8%
Portugal1.40.32.58.985.2%
IndiaN/AN/A2.02.15.0%
Bulgaria0.11.92.52.0171.4%
Switzerland5.44.74.11.5-34.8%
Netherlands4.91.14.11.2-37.4%
United KingdomN/A1.33.40.7-26.6%
Others15.418.611.34.0-36.2%
Total11697.61691334.7%

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

  1. Spain (747.0 units)
  2. Italy (516.0 units)
  3. France (498.0 units)
  4. Portugal (130.0 units)
  5. India (56.0 units)
  6. United Kingdom (50.0 units)
  7. Bulgaria (42.0 units)
  8. Switzerland (28.0 units)
  9. Netherlands (20.0 units)

Source: IndexBox Market Intelligence Platform

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