Cranes; Tower Cranes Price in the United States - 2023

Contents:

  1. Cranes; Tower Cranes Price in the United States (CIF) - 2022
  2. Cranes; Tower Cranes Price in the United States (FOB) - 2022
  3. Cranes; Tower Cranes Imports in the United States
  4. Cranes; Tower Cranes Exports in the United States

Cranes; Tower Cranes Price in the United States (CIF) - 2022

The average cranes; tower cranes import price stood at $54,691 per unit in 2022, with an increase of 70% against the previous year. In general, the import price, however, saw a abrupt decline. Over the period under review, average import prices attained the maximum at $92,654 per unit in 2013; however, from 2014 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 Italy ($94,828 per unit), while the price for Japan ($8,588 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Cranes; Tower Cranes Price in the United States (FOB) - 2022

The average cranes; tower cranes export price stood at $37,406 per unit in 2022, with an increase of 113% against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. Over the period under review, the average export prices hit record highs at $53,557 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($41,280 per unit), while the average price for exports to Taiwan (Chinese) ($9,954 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 Germany (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cranes; Tower Cranes Imports in the United States

In 2022, the amount of cranes; tower craneses imported into the United States dropped rapidly to 1.7K units, which is down by -44.8% against the previous year. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 134%. As a result, imports reached the peak of 3K units, and then declined notably in the following year.

In value terms, cranes; tower cranes imports declined to $90M in 2022. In general, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Over the period under review, imports attained the peak figure at $131M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Cranes; Tower Cranes in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3.813.719.528.395.3%
France32.322.68.525.0-8.2%
Italy26.211.44.412.9-21.0%
Germany22.924.615.112.4-18.5%
Spain2.11.41.76.344.2%
Portugal5.91.61.31.8-32.7%
Japan24.0N/AN/A1.0-65.3%
China5.93.742.90.1-74.3%
Others8.55.62.72.6-32.6%
Total13184.696.290.4-11.6%

Top Suppliers of Cranes; Tower Cranes to the United States in 2022:

  1. Denmark (514.0 units)
  2. France (340.0 units)
  3. Spain (318.0 units)
  4. Italy (136.0 units)
  5. Germany (136.0 units)
  6. Japan (119.0 units)
  7. Portugal (37.0 units)
  8. China (7.0 units)

Cranes; Tower Cranes Exports in the United States

In 2022, cranes; tower cranes exports from the United States dropped dramatically to 373 units, which is down by -61.1% compared with the previous year. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 128% against the previous year. As a result, the exports reached the peak of 960 units, and then reduced markedly in the following year.

In value terms, cranes; tower cranes exports shrank sharply to $14M in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Over the period under review, the exports hit record highs at $20M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cranes; Tower Cranes in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada7.79.312.59.36.5%
AustriaN/AN/AN/A3.00%
ChileN/AN/AN/A0.40%
Mexico1.30.30.20.2-46.4%
Taiwan (Chinese)N/AN/AN/A0.10%
Australia3.7N/AN/AN/A0%
Others7.61.54.10.9-50.9%
Total20.211.116.814.0-11.5%

Top Export Markets for Cranes; Tower Cranes from the United States in 2022:

  1. Canada (226.0 units)
  2. Austria (88.0 units)
  3. Mexico (15.0 units)
  4. Chile (14.0 units)
  5. Taiwan (Chinese) (7.0 units)

Source: IndexBox Market Intelligence Platform

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