Germany - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Germany - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Tower and Portal Cranes in Germany - 2023

Contents:

  1. Price for Tower and Portal Cranes in Germany (FOB) - 2022
  2. Price for Tower and Portal Cranes in Germany (CIF) - 2023
  3. Exports of Tower and Portal Cranes in Germany
  4. Imports of Tower and Portal Cranes in Germany

Price for Tower and Portal Cranes in Germany (FOB) - 2022

In 2022, the average tower and portal cranes export price amounted to $172,816 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 61%. Over the period under review, the average export prices attained the maximum at $174,150 per unit in 2021, and then dropped modestly in the following year.

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 Egypt ($266,120 per unit), while the average price for exports to Poland ($72,112 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 Egypt (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tower and Portal Cranes in Germany (CIF) - 2023

In December 2023, the average tower and portal cranes import price amounted to $202K per unit, increasing by 79% against the previous month. Overall, import price indicated a mild expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, tower and portal cranes import price increased by +79.4% against November 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 108% against the previous month. As a result, import price attained the peak level of $210K per unit; afterwards, it flattened through to December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($906K per unit), while the price for Switzerland ($10,626 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tower and Portal Cranes in Germany

In 2022, the amount of tower cranes and portal or pedestal jib cranes exported from Germany fell to 2.1K units, approximately equating 2021. Overall, exports showed a abrupt shrinkage. Over the period under review, the exports reached the peak figure at 3.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, tower and portal cranes exports declined to $370M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 20%. As a result, the exports reached the peak of $375M, and then contracted modestly in the following year.

Export of Tower and Portal Cranes in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria45.034.748.054.56.6%
France41.542.345.747.84.8%
Switzerland25.536.138.040.116.3%
Belgium21.828.532.530.111.4%
Netherlands16.913.830.826.015.4%
Italy9.46.810.824.136.9%
EgyptN/AN/AN/A23.70%
United States34.226.712.719.5-17.1%
United Kingdom7.29.525.911.015.2%
Hungary1.02.57.29.7113.3%
Vietnam0.61.8N/A8.4141.0%
IndiaN/AN/AN/A6.30%
Poland6.13.64.44.9-7.0%
Others12210511963.8-19.4%
Total3313123753703.8%

Top Export Markets for Tower and Portal Cranes from Germany in 2022:

  1. France (334.0 units)
  2. Austria (242.0 units)
  3. Switzerland (213.0 units)
  4. Belgium (144.0 units)
  5. Italy (142.0 units)
  6. Netherlands (118.0 units)
  7. Egypt (89.0 units)
  8. United States (84.0 units)
  9. India (82.0 units)
  10. United Kingdom (81.0 units)
  11. Hungary (74.0 units)
  12. Poland (68.0 units)
  13. Vietnam (51.0 units)

Imports of Tower and Portal Cranes in Germany

In 2022, tower and portal cranes imports into Germany soared to 1.6K units, rising by 16% compared with the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, tower and portal cranes imports surged to $216M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tower and Portal Cranes in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain52.439.886.076.313.3%
Italy22.223.133.049.931.0%
France14.26.720.348.951.0%
Portugal1.40.32.513.9114.9%
Austria5.610.03.67.510.2%
Netherlands4.91.35.33.6-9.8%
Bulgaria0.11.92.53.5227.1%
Switzerland5.74.94.52.6-23.0%
Belgium3.16.84.81.9-15.1%
Norway0.12.40.20.458.7%
Others10.19.09.87.0-11.5%
Total12010617321621.6%

Top Suppliers of Tower and Portal Cranes to Germany in 2022:

  1. Spain (429.0 units)
  2. France (371.0 units)
  3. Italy (307.0 units)
  4. Portugal (116.0 units)
  5. Switzerland (104.0 units)
  6. Bulgaria (50.0 units)
  7. Austria (49.0 units)
  8. Netherlands (44.0 units)
  9. Belgium (37.0 units)
  10. Norway (11.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tower and portal cranes 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 28221440 - Tower cranes and portal or pedestal jib cranes

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:

  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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