China - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ship Derrick Buckets and Shovels in China - 2023
Contents:
- Price for Ship Derrick Buckets and Shovels in China (FOB) - 2022
- Price for Ship Derrick Buckets and Shovels in China (CIF) - 2022
- Exports of Ship Derrick Buckets and Shovels in China
- Imports of Ship Derrick Buckets and Shovels in China
Price for Ship Derrick Buckets and Shovels in China (FOB) - 2022
In 2022, the average export price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $133 per unit, falling by -3.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. The export price peaked at $138 per unit in 2021, and then declined modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($209 per unit), while the average price for exports to Germany ($47 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 the UK (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ship Derrick Buckets and Shovels in China (CIF) - 2022
The average import price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $408 per unit in 2022, with an increase of 21% against the previous year. Overall, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $498 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,495 per unit), while the price for Turkey ($118 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ship Derrick Buckets and Shovels in China
In 2022, approx. 2.3M units of buckets, shovels, grabs and grips for ships derricks and cranes were exported from China; jumping by 25% on the previous year. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, ship derrick buckets and shovels exports soared to $310M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ship Derrick Buckets and Shovels in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 48.2 | 29.9 | 71.4 | 80.1 | 18.4% |
| Australia | 18.9 | 23.7 | 40.6 | 49.2 | 37.6% |
| United Kingdom | 19.5 | 17.2 | 33.6 | 37.3 | 24.1% |
| Japan | 11.3 | 11.6 | 15.0 | 13.3 | 5.6% |
| Germany | 4.0 | 4.0 | 6.4 | 9.8 | 34.8% |
| Canada | 3.7 | 3.6 | 5.1 | 9.1 | 35.0% |
| Thailand | 6.6 | 3.8 | 8.2 | 8.2 | 7.5% |
| Netherlands | 1.6 | 1.1 | 2.3 | 7.2 | 65.1% |
| South Korea | 2.3 | 1.5 | 2.9 | 5.6 | 34.5% |
| Russia | 3.1 | 2.0 | 3.8 | 5.4 | 20.3% |
| Others | 58.1 | 51.8 | 68.3 | 85.3 | 13.7% |
| Total | 177 | 150 | 258 | 310 | 20.5% |
Top Export Markets for Ship Derrick Buckets and Shovels from China in 2022:
- United States (749.4K units)
- Australia (288.6K units)
- Germany (209.9K units)
- United Kingdom (178.3K units)
- Japan (126.2K units)
- Netherlands (120.3K units)
- South Korea (87.6K units)
- Thailand (45.6K units)
- Canada (43.9K units)
- Russia (37.5K units)
Imports of Ship Derrick Buckets and Shovels in China
For the third consecutive year, China recorded decline in purchases abroad of buckets, shovels, grabs and grips for ships derricks and cranes, which decreased by -13.5% to 35K units in 2022. Overall, imports saw a abrupt slump. The smallest decline of -7.5% was in 2020. Imports peaked at 54K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, ship derrick buckets and shovels imports stood at $14M in 2022. In general, imports saw a deep setback. Over the period under review, imports reached the peak figure at $21M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ship Derrick Buckets and Shovels in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.0 | 6.8 | 5.0 | 6.7 | 10.2% |
| South Korea | 1.0 | 0.5 | 0.6 | 2.8 | 40.9% |
| Turkey | 1.8 | 2.5 | 2.5 | 1.3 | -10.3% |
| Germany | 4.6 | 3.0 | 1.3 | 1.1 | -37.9% |
| Indonesia | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Japan | 1.4 | 1.7 | 0.9 | 0.6 | -24.6% |
| United States | 0.1 | 0.5 | 0.2 | 0.2 | 26.0% |
| Netherlands | 2.2 | 0.8 | 0.4 | 0.1 | -64.3% |
| Others | 5.0 | 4.6 | 2.5 | 0.8 | -45.7% |
| Total | 21.0 | 20.6 | 13.6 | 14.2 | -12.2% |
Top Suppliers of Ship Derrick Buckets and Shovels to China in 2022:
- Malaysia (19.4K units)
- Turkey (10.8K units)
- United States (1.2K units)
- South Korea (1.0K units)
- Indonesia (0.6K units)
- Netherlands (0.3K units)
- Germany (0.3K units)
- Japan (0.3K units)
This report provides an in-depth analysis of the market for ship derrick buckets and shovels 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 28222000 - Buckets, shovels, grabs and grips for ships
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.
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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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