United Kingdom - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tower and Portal Cranes in the UK - 2024
Contents:
- Price for Tower and Portal Cranes in the UK (CIF) - 2024
- Price for Tower and Portal Cranes in the UK (FOB) - 2022
- Imports of Tower and Portal Cranes in the UK
- Exports of Tower and Portal Cranes in the UK
Price for Tower and Portal Cranes in the UK (CIF) - 2024
In January 2024, the average tower and portal cranes import price amounted to $129K per unit, declining by -28.8% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 138% against the previous month. As a result, import price reached the peak level of $350K per unit. From April 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were Italy ($117K per unit) and Germany ($117K per unit), while the price for France ($117K per unit) and Australia ($117K per unit) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Australia (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Tower and Portal Cranes in the UK (FOB) - 2022
In 2022, the average tower and portal cranes export price amounted to $113,239 per unit, picking up by 67% against the previous year. In general, the export price, however, saw a perceptible decline. Over the period under review, the average export prices attained the maximum at $219,024 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($364,083 per unit), while the average price for exports to Norway ($27,969 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 New Zealand (+84.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tower and Portal Cranes in the UK
Tower and portal cranes imports into the UK rose remarkably to 723 units in 2022, increasing by 14% on the previous year. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Imports peaked at 1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, tower and portal cranes imports rose notably to $81M in 2022. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure at $106M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tower and Portal Cranes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 19.0 | 15.1 | 22.2 | 32.3 | 19.3% |
| Germany | 5.0 | 7.7 | 7.5 | 15.7 | 46.4% |
| Italy | 44.4 | 19.6 | 31.3 | 12.1 | -35.2% |
| France | 20.0 | 9.6 | 9.8 | 9.6 | -21.7% |
| Sweden | 3.3 | 0.8 | 1.0 | 3.2 | -1.0% |
| Netherlands | 4.0 | 1.0 | 0.2 | 2.8 | -11.2% |
| Ireland | 0.5 | 1.4 | 1.5 | 1.5 | 44.2% |
| Others | 9.6 | 5.8 | 2.5 | 3.3 | -29.9% |
| Total | 106 | 60.9 | 76.1 | 80.6 | -8.7% |
Top Suppliers of Tower and Portal Cranes to the UK in 2022:
- Spain (321.0 units)
- Italy (121.0 units)
- France (96.0 units)
- Germany (75.0 units)
- Sweden (32.0 units)
- Netherlands (25.0 units)
- Ireland (15.0 units)
Exports of Tower and Portal Cranes in the UK
Tower and portal cranes exports from the UK shrank dramatically to 389 units in 2022, declining by -40% compared with the previous year's figure. Overall, exports, however, recorded a modest increase. The growth pace was the most rapid in 2021 when exports increased by 125%. As a result, the exports attained the peak of 648 units, and then contracted significantly in the following year.
In value terms, tower and portal cranes exports amounted to $44M in 2022. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 100% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tower and Portal Cranes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.6 | 4.4 | 9.8 | 10.2 | 22.1% |
| France | 1.1 | 2.7 | 3.4 | 6.7 | 82.6% |
| Germany | N/A | 0.1 | 3.6 | 6.4 | 700.0% |
| Ireland | 0.1 | 1.3 | 4.4 | 4.4 | 253.0% |
| Norway | 7.0 | 1.1 | 5.8 | 2.9 | -25.5% |
| United States | 0.4 | 0.2 | 0.5 | 2.2 | 76.5% |
| Netherlands | 2.3 | 2.5 | 3.5 | 1.9 | -6.2% |
| Israel | N/A | 1.1 | 0.9 | 1.5 | 16.8% |
| Sweden | N/A | N/A | 0.4 | 1.5 | 275.0% |
| New Zealand | N/A | N/A | N/A | 1.1 | 0% |
| Spain | 0.7 | 0.3 | 0.7 | 0.5 | -10.6% |
| Thailand | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Switzerland | N/A | N/A | 2.8 | N/A | 0% |
| Others | 14.2 | 8.2 | 7.7 | 4.5 | -31.8% |
| Total | 31.4 | 21.9 | 43.9 | 44.0 | 11.9% |
Top Export Markets for Tower and Portal Cranes from the UK in 2022:
- Norway (103.0 units)
- France (73.0 units)
- Belgium (42.0 units)
- Ireland (27.0 units)
- Germany (24.0 units)
- Sweden (16.0 units)
- Netherlands (12.0 units)
- Spain (12.0 units)
- Israel (7.0 units)
- Thailand (7.0 units)
- United States (6.0 units)
- New Zealand (6.0 units)
- Switzerland (1.0 units)
This report provides an in-depth analysis of the market for tower and portal cranes in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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