Report Update: May 1, 2024

Canada - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Truck Crane Price in Canada - 2023

Truck Crane Price in Canada (CIF) - 2023

In September 2023, the average truck crane import price amounted to $294K per unit, picking up by 55% against the previous month. Overall, the import price showed measured growth. The pace of growth appeared the most rapid in March 2023 an increase of 111% m-o-m. The import price peaked at $365K per unit in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($854K per unit), while the price for Mexico ($78,460 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Truck Crane Price in Canada (FOB) - 2023

In September 2023, the average truck crane export price amounted to $101K per unit, reducing by -70.8% against the previous month. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in June 2023 an increase of 179% month-to-month. Over the period under review, the average export prices attained the maximum at $344K per unit in August 2023, and then dropped notably in the following month.

As there is only one major export destination, the average price level is determined by prices for the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for Cuba amounted to 0.0% per month.

Truck Crane Imports in Canada

In 2022, truck crane imports into Canada shrank to 11K units, which is down by -6% compared with 2021. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked at 14K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, truck crane imports rose sharply to $145M in 2022. Overall, imports showed a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at $162M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Truck Crane in Canada (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
United States	100	56.5	67.4	-17.9%
Germany	39.7	37.9	51.4	13.8%
Mexico	N/A	N/A	9.2	0%
Austria	N/A	N/A	0.4	0%
Others	21.8	6.1	2.6	-65.5%
Total	162	100	131	-10.1%

Top Suppliers of Truck Crane to Canada in 2022:

Austria (undefinedK units)
United States (0.4K units)
Mexico (0.1K units)
Germany (0.1K units)

Truck Crane Exports in Canada

In 2022, exports of truck cranes from Canada dropped notably to 425 units, declining by -39.6% on the year before. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked at 882 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, truck crane exports plummeted to $7.3M in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports reached the maximum at $14M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Truck Crane in Canada (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Netherlands	N/A	N/A	7.3	0%
United States	6.9	4.4	3.6	-27.8%
Oman	N/A	N/A	1.2	0%
Iraq	N/A	1.0	N/A	0%
Saudi Arabia	0.5	N/A	N/A	0%
Others	6.3	5.2	0.4	-74.8%
Total	13.7	10.6	12.5	-4.5%

Top Export Markets for Truck Crane from Canada in 2022:

Netherlands (404.0 units)
Oman (91.0 units)
United States (28.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the truck crane market in Canada. 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 29105100 - Crane lorries

Country coverage:

Canada

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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