Asia-Pacific: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Asia-Pacific

The Asia-Pacific mobile lifting frame market rose to $X in 2022, surging by X% against the previous year. Over the period under review, consumption showed a strong increase. Over the period under review, the market reached the peak level at $X.5B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mobile Lifting Frame Production in Asia-Pacific

In value terms, mobile lifting frame production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X.7B in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Mobile Lifting Frame Exports

Exports in Asia-Pacific

In 2022, overseas shipments of mobile lifting frames on tyres and straddle carriers decreased by X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, mobile lifting frame exports declined to $X in 2022. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Japan (X units) and China (X units) were the major exporters of mobile lifting frames on tyres and straddle carriers in Asia-Pacific, together recording near X% of total exports. It was distantly followed by Australia (X units), making up a X% share of total exports. Singapore (X units), India (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Japan (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Japan ($X) remains the largest mobile lifting frame supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Singapore, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Japan totaled X%. In the other countries, the average annual rates were as follows: China (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a perceptible setback. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the export price figures.

Mobile Lifting Frame Imports

Imports in Asia-Pacific

In 2022, overseas purchases of mobile lifting frames on tyres and straddle carriers increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, mobile lifting frame imports skyrocketed to $X in 2022. In general, imports, however, saw a pronounced downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore was the main importing country with an import of about X units, which resulted at X% of total imports. Indonesia (X units) ranks second in terms of the total imports with a X% share, followed by Bangladesh (X%) and the Philippines (X%). Vietnam (X units), Thailand (X units), Australia (X units), Maldives (X units), India (X units) and South Korea (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mobile lifting frame imports into Singapore stood at X%. At the same time, Maldives (X%), South Korea (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Australia experienced a relatively flat trend pattern. By contrast, India (X%), Indonesia (X%), Thailand (X%), Bangladesh (X%) and Vietnam (X%) illustrated a downward trend over the same period. Singapore (X p.p.), the Philippines (X p.p.), Maldives (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while Vietnam, Bangladesh and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mobile lifting frame importing markets in Asia-Pacific were Australia ($X), Indonesia ($X) and the Philippines ($X), with a combined X% share of total imports. Vietnam, Singapore, Bangladesh, South Korea, India, Thailand and Maldives lagged somewhat behind, together accounting for a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while Maldives ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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