Germany - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLifting Equipment Price in Germany - 2023
Contents:
- Lifting Equipment Price in Germany (FOB) - 2023
- Lifting Equipment Price in Germany (CIF) - 2022
- Lifting Equipment Exports in Germany
- Lifting Equipment Imports in Germany
Lifting Equipment Price in Germany (FOB) - 2023
In August 2023, the average lifting equipment export price amounted to $34,953 per unit, which is down by -7.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in July 2023 an increase of 41% m-o-m. As a result, the export price reached the peak level of $37,927 per unit, and then shrank in the following month.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Chile ($59,670 per unit), while the average price for exports to Austria ($19,493 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lifting Equipment Price in Germany (CIF) - 2022
In 2022, the average lifting equipment import price amounted to $10,253 per unit, jumping by 15% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2017 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure at $59,446 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($19,400 per unit), while the price for Belgium ($380 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+24.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Lifting Equipment Exports in Germany
In 2022, the amount of lifting equipment exported from Germany soared to 10K units, rising by 34% against the year before. The total export volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lifting equipment exports shrank significantly to $76M in 2022. Over the period under review, exports, however, faced a deep setback. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $135M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Lifting Equipment in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | N/A | N/A | 9.5 | 0% |
| France | 4.1 | 3.9 | 2.6 | 5.7 | 11.6% |
| Tanzania | 6.0 | N/A | N/A | 5.1 | -5.3% |
| United States | 7.7 | 7.9 | 3.7 | 4.1 | -18.9% |
| Turkey | 8.8 | 7.4 | 0.1 | 4.0 | -23.1% |
| Congo | 6.0 | N/A | N/A | 3.6 | -15.7% |
| China | 10.9 | 36.7 | 52.8 | 3.3 | -32.9% |
| Singapore | 4.2 | 0.2 | 0.3 | 2.3 | -18.2% |
| Norway | 4.5 | 5.7 | 1.6 | 2.3 | -20.0% |
| Netherlands | 5.5 | 4.2 | 4.2 | 2.1 | -27.5% |
| Indonesia | 7.1 | 1.4 | N/A | 1.9 | -35.6% |
| Switzerland | 1.4 | 1.7 | 1.8 | 1.8 | 8.7% |
| Belgium | 3.4 | 4.1 | 2.3 | 1.5 | -23.9% |
| Others | 43.7 | 61.3 | 44.2 | 28.5 | -13.3% |
| Total | 113 | 135 | 114 | 75.7 | -12.5% |
Top Export Markets for Lifting Equipment from Germany in 2022:
- Tanzania (3212.0 units)
- Azerbaijan (1466.0 units)
- United States (484.0 units)
- Congo (465.0 units)
- Singapore (359.0 units)
- Indonesia (332.0 units)
- China (307.0 units)
- France (286.0 units)
- Turkey (283.0 units)
- Netherlands (265.0 units)
- Switzerland (246.0 units)
- Belgium (233.0 units)
- Norway (200.0 units)
Lifting Equipment Imports in Germany
In 2022, purchases abroad of lifting equipment decreased by -33.2% to 1.1K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 327% against the previous year. As a result, imports attained the peak of 2.3K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lifting equipment imports dropped rapidly to $12M in 2022. In general, imports showed a noticeable slump. The growth pace was the most rapid in 2020 when imports increased by 93% against the previous year. 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 Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 39.2 | N/A | 21.2 | 3,615 | 351.8% |
| Austria | 696 | 12,403 | 2,825 | 514 | -9.6% |
| Saudi Arabia | 373 | N/A | N/A | 459 | 7.2% |
| Hungary | 1.4 | N/A | 7.8 | 430 | 574.7% |
| Netherlands | 190 | 264 | 778 | 390 | 27.1% |
| China | 669 | 653 | 657 | 384 | -16.9% |
| Serbia | 456 | 175 | N/A | 238 | -19.5% |
| Switzerland | 65.3 | 155 | 311 | 225 | 51.0% |
| Iceland | 185 | N/A | N/A | 145 | -7.8% |
| Vietnam | 64.5 | 275 | 79.2 | 144 | 30.7% |
| Portugal | 106 | N/A | N/A | 95.4 | -3.5% |
| Spain | 12.1 | 874 | 967 | 81.6 | 88.9% |
| Belgium | 51.8 | 77.1 | 57.5 | 74.5 | 12.9% |
| Others | 10,307 | 10,650 | 9,447 | 4,861 | -22.2% |
| Total | 13,215 | 25,526 | 15,150 | 11,657 | -4.1% |
Top Suppliers of Lifting Equipment to Germany in 2022:
- Belgium (196.0 units)
- Slovenia (186.0 units)
- Austria (159.0 units)
- China (91.0 units)
- Saudi Arabia (83.0 units)
- Netherlands (59.0 units)
- Serbia (43.0 units)
- Spain (28.0 units)
- Iceland (27.0 units)
- Vietnam (27.0 units)
- Hungary (22.0 units)
- Switzerland (21.0 units)
- Portugal (18.0 units)
This report provides an in-depth analysis of the lifting equipment market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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.
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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
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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
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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
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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
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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
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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
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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
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