Cranes; Tower Cranes Price in Indonesia - 2022
Contents:
Cranes; Tower Cranes Price in Indonesia (CIF) - 2022
The average cranes; tower cranes import price stood at $126,090 per unit in 2022, picking up by 11% against the previous year. In general, the import price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 182%. Over the period under review, average import prices attained the peak figure at $159,800 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Singapore ($1,421,498 per unit), while the price for China ($77,418 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Imports in Indonesia
Cranes; tower cranes imports into Indonesia shrank to 74 units in 2022, which is down by -9.8% against 2021. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Imports peaked at 148 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, cranes; tower cranes imports reached $9.3M in 2022. Over the period under review, imports recorded a sharp slump. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cranes; Tower Cranes in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.4 | 4.0 | 4.8 | 5.1 | -30.8% |
| Germany | 1.9 | 1.7 | 1.9 | 1.8 | -1.8% |
| Austria | 1.7 | 1.2 | 1.0 | 0.8 | -22.2% |
| Singapore | 1.3 | 1.0 | N/A | 0.3 | -38.7% |
| Others | 1.3 | 1.6 | 1.6 | 1.4 | 2.5% |
| Total | 21.7 | 9.4 | 9.3 | 9.3 | -24.6% |
Top Suppliers of Cranes; Tower Cranes to Indonesia in 2022:
- China (66.0 units)
- Germany (2.0 units)
- Austria (1.0 units)
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