Truck Crane Market
Truck crane market: find newly released data secured by an Ai-driven market intelligence platform. Statistics cover market prices, consumption, exports, market size, production, imports, companies, and trade. There is a split by region, including the Middle East, Russia, the U.K., China, EU, Africa, the U.S., and Latin America. Market dynamics and forecast to 2030 are also featured in the dashboards.
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Truck Crane - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | China |
3 | Dominican Republic |
4 | Japan |
5 | Poland |
In value terms, the United States, China and the Dominican Republic were the countries with the highest levels of market value in 2020, together accounting for 60% of the global market.
The Dominican Republic (+2,291.7% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while truck crane market for the other global leaders experienced more modest paces of growth.
Truck Crane Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per unit | ||||
United Kingdom | 99460 | 113345 | 103578 | 2.0% |
Germany | 99400 | 141175 | 135886 | 16.9% |
China | 147971 | 146451 | 144402 | -1.2% |
United States | 182619 | 178503 | 202063 | 5.2% |
Netherlands | 245967 | 243132 | 221059 | -5.2% |
Average | 109623 | 138089 | 137081 | 11.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($221,059 per unit), while the UK ($103,578 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per unit | ||||
United States | 568674 | 587208 | 972195 | 30.8% |
France | 151060 | 240082 | 307535 | 42.7% |
United Kingdom | 255350 | 289498 | 233115 | -4.5% |
South Korea | 181955 | 175094 | 183022 | 0.3% |
Belgium | 182571 | 154562 | 151600 | -8.9% |
Netherlands | 322370 | 256036 | 128949 | -36.8% |
Australia | 128930 | 127588 | 104304 | -10.1% |
Spain | 208019 | 184177 | 104007 | -29.3% |
Indonesia | 130544 | 114611 | 101699 | -11.7% |
Afghanistan | 42207 | 74017 | 73458 | 31.9% |
United Arab Emirates | 130098 | 134791 | 72909 | -25.1% |
Greece | 20604 | 32699 | 24369 | 8.8% |
Dominican Republic | 238909 | 141535 | 451 | -95.7% |
Average | 196155 | 208846 | 110638 | -24.9% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($972,195 per unit), while the Dominican Republic ($451 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Truck Crane - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 0.7 | 0.7 | 0.4 | -18.2% |
Australia | 0.04 | 0.06 | 0.2 | 101.2% |
France | 0.1 | 0.2 | 0.2 | 4.5% |
Netherlands | 0.2 | 0.2 | 0.1 | -20.2% |
United Kingdom | 0.1 | 0.1 | 0.1 | -13.0% |
In value terms, the United States ($437M) constitutes the largest market for imported truck cranes worldwide, comprising 15% of global imports. The second position in the ranking was occupied by Australia ($165M), with a 5.7% share of global imports. It was followed by France, with a 5.4% share.
In the United States, truck crane imports contracted by an average annual rate of -18.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Australia (+101.2% per year) and France (+4.5% per year).
Truck Crane - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Germany | 2.2 | 2.3 | 1.8 | -8.7% |
China | 0.4 | 0.4 | 0.4 | -10.1% |
Netherlands | 0.1 | 0.1 | 0.2 | 40.3% |
United States | 0.2 | 0.2 | 0.2 | -12.6% |
United Kingdom | 0.04 | 0.04 | 0.05 | 12.6% |
In value terms, Germany ($1.8B) remains the largest truck crane supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by China ($354M), with a 12% share of global exports. It was followed by the Netherlands, with a 7% share.
From 2018 to 2020, the average annual growth rate of value in Germany amounted to -8.7%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-10.1% per year) and the Netherlands (+40.3% per year).
Truck Crane - Market Forecast
Driven by increasing demand for truck crane worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Truck Crane - Top Companies
Maoming Maonan Jinlu Tractors Manufacturing Co., Ltd., KONE Oyj, ASHOK LEYLAND LIMITED, MITSUBISHI LOGISNEXT CO., LTD., Cargotec Oyj, Macgregor Holding Norway AS, Konecranes Abp, Hyster-Yale Materials Handling, Inc., Bucher Municipal AG, CNH INDUSTRIAL ITALIA SPA, MANITOU BF, Linde Material Handling GmbH, Hyster-Yale Group, Inc., Anhui Heli Co., Ltd., Cargotec Finland Oy, SAME DEUTZ FAHR ITALIA SPA, KONE Industrial Oy, TURK TRAKTOR VE ZIRAAT MAKINELERI ANONIM SIRKETI, Hangcha Group Co., Ltd., ROJISU NEXT YUNIKYARIA K.K.
Truck Crane - Product Coverage
- HS 870510 - Vehicles; crane lorries
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