U.S. - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTruck Crane Price in the United States - 2023
Contents:
- Truck Crane Price in the United States (CIF) - 2022
- Truck Crane Price in the United States (FOB) - 2023
- Truck Crane Imports in the United States
- Truck Crane Exports in the United States
Truck Crane Price in the United States (CIF) - 2022
The average truck crane import price stood at $11,893 per unit in 2021, rising by 2.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the peak figure at $14,036 per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($1,467,952 per unit), while the price for Canada ($78,485 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+84.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Truck Crane Price in the United States (FOB) - 2023
In October 2023, the average truck crane export price amounted to $156K per unit, picking up by 17% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 30% against the previous month. As a result, the export price reached the peak level of $201K per unit; afterwards, it flattened through to October 2023.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Canada ($248K per unit), while the average price for exports to Nigeria ($48,750 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Truck Crane Imports in the United States
For the third year in a row, the United States recorded decline in overseas purchases of truck cranes, which decreased by -98.4% to 584 units in 2022. Over the period under review, imports continue to indicate a sharp downturn. The smallest decline of -0.3% was in 2021. Imports peaked at 59K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, truck crane imports rose notably to $472M in 2022. In general, imports faced a deep slump. Over the period under review, imports attained the peak figure at $673M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Truck Crane in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 623 | 399 | 423 | -17.6% | |
| Netherlands | 13.9 | 9.6 | 4.3 | -44.4% | |
| China | N/A | 0.9 | 3.3 | 266.7% | |
| Canada | 2.9 | 1.6 | 1.5 | -28.1% | |
| Italy | 0.1 | 3.4 | 1.1 | 231.7% | |
| Japan | 28.8 | 12.1 | 0.3 | -89.8% | |
| Sweden | 0.5 | N/A | N/A | 0% | |
| United Kingdom | 2.9 | 0.3 | N/A | -89.7% | |
| Others | 1.2 | 0.6 | 1.9 | 25.8% | |
| Total | 673 | 427 | 435 | -19.6% | |
Top Suppliers of Truck Crane to the United States in 2022:
- Canada (undefinedK units)
- Netherlands (undefinedK units)
- Italy (undefinedK units)
- China (undefinedK units)
- Germany (0.3K units)
Truck Crane Exports in the United States
For the third year in a row, the United States recorded decline in overseas shipments of truck cranes, which decreased by -37.1% to 4.3K units in 2022. In general, exports showed a precipitous decrease. The smallest decline of -29.9% was in 2020. The exports peaked at 14K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, truck crane exports shrank to $159M in 2022. Overall, exports saw a abrupt contraction. The exports peaked at $218M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Truck Crane in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Canada | 100 | 65.3 | 99.2 | -0.4% | |
| Mexico | 12.0 | 13.0 | 22.2 | 36.0% | |
| Kuwait | N/A | 33.0 | 11.3 | -65.8% | |
| India | 4.1 | 4.0 | 3.0 | -14.5% | |
| Chile | 1.3 | 0.1 | 2.4 | 35.9% | |
| Nigeria | 2.0 | 1.1 | 0.8 | -36.8% | |
| United Arab Emirates | 1.1 | 1.1 | 0.6 | -26.1% | |
| Afghanistan | 81.7 | 44.2 | N/A | -45.9% | |
| Others | 15.6 | 28.5 | 23.8 | 23.5% | |
| Total | 218 | 190 | 163 | -13.5% | |
Top Export Markets for Truck Crane from the United States in 2022:
- Canada (486.0 units)
- Mexico (144.0 units)
- United Arab Emirates (51.0 units)
- Kuwait (36.0 units)
- Chile (19.0 units)
- India (17.0 units)
- Nigeria (15.0 units)
This report provides an in-depth analysis of the truck crane market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
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