Report Asia-Pacific - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 14, 2022

Asia-Pacific - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Truck Crane Market 2022

Truck Crane Market Size in Asia-Pacific

After four years of growth, the Asia-Pacific truck crane market decreased by -14.3% to $X in 2021. Overall, consumption, however, recorded a pronounced increase. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Truck Crane Production in Asia-Pacific

In value terms, truck crane production declined modestly to $X in 2021 estimated in export price. In general, production, however, showed a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Truck Crane Exports

Exports in Asia-Pacific

Truck crane exports surged to X units in 2021, growing by 101% on the previous year's figure. Overall, exports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 364%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, truck crane exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China represented the key exporting country with an export of around X units, which amounted to 50% of total exports. Japan (X units) ranks second in terms of the total exports with a 22% share, followed by Australia (19%) and South Korea (5%).

Exports from China decreased at an average annual rate of -3.7% from 2012 to 2021. At the same time, Australia (+38.3%) and South Korea (+1.5%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +38.3% from 2012-2021. By contrast, Japan (-1.8%) illustrated a downward trend over the same period. Australia (+18 p.p.) significantly strengthened its position in terms of the total exports, while Japan and China saw its share reduced by -1.7% and -14.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest truck crane supplier in Asia-Pacific, comprising 85% of total exports. The second position in the ranking was taken by Japan ($X), with a 4.8% share of total exports. It was followed by Australia, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at -4.8%. In the other countries, the average annual rates were as follows: Japan (-19.4% per year) and Australia (+15.8% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, waning by -16.1% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the export price increased by 340%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the other leaders experienced a decline in the export price figures.

Truck Crane Imports

Imports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded decline in overseas purchases of truck cranes, which decreased by -9.7% to X units in 2021. In general, imports saw a perceptible descent. The pace of growth was the most pronounced in 2018 when imports increased by 49% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, truck crane imports surged to $X in 2021. Overall, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of 37%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X units), distantly followed by Australia (X units), South Korea (X units), Japan (X units) and Indonesia (X units) represented the key importers of truck cranes, together constituting 79% of total imports. The following importers - Afghanistan (X units), Lao People's Democratic Republic (X units), Vietnam (X units), Bangladesh (X units) and the Philippines (X units) - together made up 13% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lao People's Democratic Republic (with a CAGR of +49.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest truck crane importing markets in Asia-Pacific were Australia ($X), South Korea ($X) and Japan ($X), together comprising 62% of total imports. Afghanistan, Indonesia, Thailand, Vietnam, Bangladesh, the Philippines and Lao People's Democratic Republic lagged somewhat behind, together comprising a further 24%.

Among the main importing countries, Afghanistan, with a CAGR of +52.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, with an increase of 30% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, truck crane import price increased by +58.8% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 45%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Afghanistan ($X per unit), while Lao People's Democratic Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+10.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in Asia-Pacific?
+
The country with the largest volume of truck crane consumption was China, comprising approx. 38% of total volume. Moreover, truck crane consumption in China exceeded the figures recorded by the second-largest consumer, Japan, threefold. Pakistan ranked third in terms of total consumption with a 13% share.
What are the largest producers of truck cranes in Asia-Pacific?
+
The country with the largest volume of truck crane production was China, accounting for 50% of total volume. Moreover, truck crane production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was held by Pakistan, with a 13% share.
What are the leading exporters of truck cranes in Asia-Pacific?
+
In value terms, China remains the largest truck crane supplier in Asia-Pacific, comprising 85% of total exports. The second position in the ranking was taken by Japan, with a 4.8% share of total exports. It was followed by Australia, with a 4% share.
What are the leading importers of truck cranes in Asia-Pacific?
+
In value terms, the largest truck crane importing markets in Asia-Pacific were Australia, South Korea and Japan, together accounting for 62% of total imports. Afghanistan, Indonesia, Thailand, Vietnam, Bangladesh, the Philippines and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further 24%.
What is the average export price for truck cranes in Asia-Pacific?
+
In 2021, the export price in Asia-Pacific amounted to $94,600 per unit, reducing by -16.1% against the previous year.
What is the average import price for truck cranes in Asia-Pacific?
+
The import price in Asia-Pacific stood at $97,328 per unit in 2021, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the truck crane market in Asia-Pacific. 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:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Vietnam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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