China - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLifting Equipment Price in China - 2023
Contents:
- Lifting Equipment Price in China (FOB) - 2022
- Lifting Equipment Price in China (CIF) - 2022
- Lifting Equipment Exports in China
- Lifting Equipment Imports in China
Lifting Equipment Price in China (FOB) - 2022
The average lifting equipment export price stood at $2,533 per unit in 2022, which is down by -16.6% against the previous year. Overall, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 64%. As a result, the export price reached the peak level of $16,609 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($5,131 per unit), while the average price for exports to Germany ($349 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 Vietnam (-11.3%), while the prices for the other major destinations experienced a decline.
Lifting Equipment Price in China (CIF) - 2022
The average lifting equipment import price stood at $48,705 per unit in 2022, dropping by -8% against the previous year. In general, the import price faced a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the peak figure at $193,182 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($157,922 per unit), while the price for Sweden ($4,610 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lifting Equipment Exports in China
For the fourth consecutive year, China recorded growth in shipments abroad of lifting equipment, which increased by 31% to 19K units in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lifting equipment exports rose significantly to $48M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Lifting Equipment in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.6 | 4.8 | 7.0 | 6.9 | 14.5% |
| Indonesia | 6.1 | 5.3 | 2.2 | 5.7 | -2.2% |
| Vietnam | 1.4 | 0.5 | 8.3 | 4.1 | 43.1% |
| Mexico | 0.1 | 0.3 | 1.1 | 2.7 | 200.0% |
| United States | 1.1 | 1.4 | 0.3 | 1.9 | 20.0% |
| Russia | 1.3 | 0.1 | 1.4 | 1.8 | 11.5% |
| Colombia | N/A | 0.1 | 0.2 | 1.7 | 312.3% |
| Malaysia | 1.1 | 0.6 | 1.2 | 1.3 | 5.7% |
| United Arab Emirates | N/A | 3.3 | 4.0 | 0.8 | -50.8% |
| South Korea | 0.6 | 0.5 | 0.5 | 0.8 | 10.1% |
| Germany | 1.0 | 0.5 | 0.4 | 0.5 | -20.6% |
| Argentina | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Myanmar | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 22.4 | 18.8 | 17.3 | 19.5 | -4.5% |
| Total | 40.0 | 36.4 | 44.3 | 48.4 | 6.6% |
Top Export Markets for Lifting Equipment from China in 2022:
- United States (3.0K units)
- Mexico (1.5K units)
- India (1.5K units)
- Indonesia (1.4K units)
- Germany (1.4K units)
- Malaysia (1.2K units)
- Vietnam (0.8K units)
- Colombia (0.8K units)
- South Korea (0.6K units)
- Myanmar (0.5K units)
- Russia (0.5K units)
- United Arab Emirates (0.4K units)
- Argentina (0.4K units)
Lifting Equipment Imports in China
For the third consecutive year, China recorded decline in purchases abroad of lifting equipment, which decreased by -45.9% to 119 units in 2022. In general, imports saw a precipitous decrease. The smallest decline of -9% was in 2020. Imports peaked at 399 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, lifting equipment imports dropped dramatically to $5.8M in 2022. Overall, imports showed a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of 8.9%. As a result, imports reached the peak of $26M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Lifting Equipment in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 6.6 | 5.8 | 2.7 | -14.4% |
| Austria | 1.0 | 1.8 | 1.2 | 1.3 | 9.1% |
| Slovenia | 0.8 | 1.1 | 0.5 | 0.3 | -27.9% |
| Canada | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Italy | 11.5 | 1.0 | 0.8 | 0.2 | -74.1% |
| Singapore | N/A | 1.0 | N/A | 0.2 | -55.3% |
| United States | 2.4 | 2.3 | N/A | 0.2 | -56.3% |
| Malaysia | N/A | N/A | N/A | 0.2 | 0% |
| Bangladesh | N/A | N/A | N/A | 0.1 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
| Sweden | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Japan | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Switzerland | N/A | N/A | 0.1 | N/A | 0% |
| Others | 3.5 | 12.0 | 3.0 | 0.3 | -55.9% |
| Total | 24.1 | 26.3 | 11.7 | 5.8 | -37.8% |
Top Suppliers of Lifting Equipment to China in 2022:
- Germany (53.0 units)
- Sweden (16.0 units)
- Austria (8.0 units)
- Canada (6.0 units)
- Singapore (6.0 units)
- Taiwan (Chinese) (5.0 units)
- United States (4.0 units)
- Malaysia (3.0 units)
- Slovenia (3.0 units)
- Japan (3.0 units)
- Italy (2.0 units)
- Bangladesh (2.0 units)
- Switzerland (2.0 units)
This report provides an in-depth analysis of the lifting equipment market in China. 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 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
436
This report provides an in-depth analysis of the lifting equipment market in China.
746
This report provides an in-depth analysis of the crane market in China.
525
This report provides an in-depth analysis of the vehicle-mounted lifting equipment market in China.
334
This report provides an in-depth analysis of the mobile lifting frame market in China.
1513
This report provides an in-depth analysis of the overhead travelling crane market in China.
287
This report provides an in-depth analysis of the self-propelled lifting equipment market in China.
385
This report provides an in-depth analysis of the market for tower and portal cranes in China.
304
This report provides an in-depth analysis of the market for transporter and bridge cranes in China.
902
This report provides an in-depth analysis of the global lifting equipment market.
1959
This report provides an in-depth analysis of the global crane market.
1382
According to IndexBox estimates, China’s cranes market attained a figure of X thousand units, X thousand units (or +X%) more than in 2015. This resulted from a robust market expansion from 2010-2016, driven by strong economy and foreign trade growt
282
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
708
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
648
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
965
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1028
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1920
China never ceases to impress: the latest luffing jib crane produced at Manitowoc's Zhangjiagang plant is believed to be one of the most flexible and versatile cranes in the world. This MCR X crane has a ten ton capacity and up to X meters of main
1382
According to IndexBox estimates, China’s cranes market attained a figure of X thousand units, X thousand units (or +X%) more than in 2015. This resulted from a robust market expansion from 2010-2016, driven by strong economy and foreign trade growt
282
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
708
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
