India - Overhead Travelling Cranes On Fixed Support - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

India - Overhead Travelling Cranes On Fixed Support - Market Analysis, Forecast, Size, Trends And Insights

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Overhead Travelling Crane Price in India - 2023

Contents:

  1. Overhead Travelling Crane Price in India (FOB) - 2022
  2. Overhead Travelling Crane Price in India (CIF) - 2022
  3. Overhead Travelling Crane Exports in India
  4. Overhead Travelling Crane Imports in India

Overhead Travelling Crane Price in India (FOB) - 2022

In 2022, the average overhead travelling crane export price amounted to $12,218 per unit, shrinking by -12.9% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20%. The export price peaked at $37,445 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($27,633 per unit), while the average price for exports to Somalia ($383 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 Ghana (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Overhead Travelling Crane Price in India (CIF) - 2022

The average overhead travelling crane import price stood at $65,846 per unit in 2022, jumping by 194% against the previous year. Overall, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($267,032 per unit), while the price for the UK ($2,326 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Overhead Travelling Crane Exports in India

In 2022, approx. 3.5K units of overhead travelling cranes on fixed support were exported from India; rising by 70% on 2021 figures. Over the period under review, exports posted a mild increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, overhead travelling crane exports soared to $43M in 2022. In general, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Overhead Travelling Crane in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh10.32.14.37.9-8.5%
United Arab Emirates0.31.32.15.4162.1%
Nepal5.22.74.95.30.6%
Nigeria2.71.63.32.70.0%
Ghana4.20.80.92.3-18.2%
Tanzania0.60.30.61.741.5%
Kenya1.20.91.91.32.7%
Oman1.90.40.40.3-46.0%
MaldivesN/AN/AN/A0.20%
Bhutan1.20.6N/A0.1-56.3%
SomaliaN/AN/AN/AN/A0%
Taiwan (Chinese)0.2N/AN/AN/A0%
Others12.48.610.515.78.2%
Total40.319.129.043.12.3%

Top Export Markets for Overhead Travelling Crane from India in 2022:

  1. Bangladesh (1029.0 units)
  2. Nepal (980.0 units)
  3. United Arab Emirates (451.0 units)
  4. Nigeria (114.0 units)
  5. Kenya (104.0 units)
  6. Somalia (92.0 units)
  7. Ghana (83.0 units)
  8. Tanzania (78.0 units)
  9. Maldives (63.0 units)
  10. Bhutan (31.0 units)
  11. Oman (14.0 units)

Overhead Travelling Crane Imports in India

After three years of growth, purchases abroad of overhead travelling cranes on fixed support decreased by -32.3% to 617 units in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 126% against the previous year. As a result, imports reached the peak of 912 units, and then declined notably in the following year.

In value terms, overhead travelling crane imports surged to $41M in 2022. Overall, imports, however, saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Overhead Travelling Crane in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.29.68.230.6140.5%
United States7.9N/AN/A5.6-10.8%
FinlandN/AN/AN/A0.90%
BangladeshN/AN/A0.80.6-25.0%
Italy1.50.90.70.4-35.6%
United KingdomN/AN/A0.40.40.0%
RomaniaN/AN/AN/A0.20%
South Korea1.0N/A0.10.2-41.5%
BelgiumN/AN/A0.4N/A0%
Germany0.24.59.3N/A581.9%
Others1.60.50.51.72.0%
Total14.415.520.540.641.3%

Top Suppliers of Overhead Travelling Crane to India in 2022:

  1. China (283.0 units)
  2. United Kingdom (153.0 units)
  3. Finland (45.0 units)
  4. Italy (30.0 units)
  5. Bangladesh (29.0 units)
  6. United States (21.0 units)
  7. Romania (12.0 units)
  8. South Korea (6.0 units)
  9. Germany (3.0 units)
  10. Belgium (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the overhead travelling crane market in India. 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 28221420 - Overhead travelling cranes on fixed support

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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