Latest Report Update: Dec 30, 2019

China - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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China: Crane Market Overview 2020

Crane Market Size in China

The revenue of the crane market in China amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. In that year, the crane market attained its peak level of $X. From 2017 to 2018, the growth of the crane market remained at a somewhat lower figure.

Crane Production in China

In value terms, crane production stood at $X in 2018 estimated in export prices. In general, crane production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when production volume increased by X% against the previous year. Crane production peaked at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

Crane Exports

Exports from China

In 2018, the amount of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane exported from China amounted to X units, picking up by X% against the previous year. Overall, crane exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, crane exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, crane exports stood at $X in 2018. Overall, the total exports indicated measured growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, crane exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), the United Arab Emirates (X units) and India (X units) were the main destinations of crane exports from China, together comprising X% of total exports. These countries were followed by Indonesia, the U.S., Viet Nam, Panama, South Korea, Malaysia, Canada, Saudi Arabia and Lebanon, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Panama, while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), the United Arab Emirates ($X) and India ($X) constituted the largest markets for crane exported from China worldwide, together accounting for X% of total exports. These countries were followed by Indonesia, the U.S., Malaysia, Panama, Viet Nam, South Korea, Canada, Lebanon and Saudi Arabia, which together accounted for a further X terms of the main countries of destination, Lebanon (+X% per year) experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average crane export price stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the crane export price continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon, while the prices for the other major destinations experienced mixed trend patterns.

Crane Imports

Imports into China

In 2018, approx. X units of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane were imported into China; coming down by -X% against the previous year. Over the period under review, crane imports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, crane imports attained their peak of X units. From 2011 to 2018, the growth of crane imports remained at a lower figure.

In value terms, crane imports totaled $X in 2018. In general, crane imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, crane imports attained their maximum at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, India (X units) constituted the largest supplier of crane to China, with a X% share of total imports. Moreover, crane imports from India exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Germany (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of crane to China, comprising X% of total crane imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Poland (-X% per year).

Import Prices by Country

The average crane import price stood at $X per unit in 2018, increasing by X% against the previous year. In general, the crane import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. In that year, the average import prices for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the average import prices for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sri Lanka (+X% per year), while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28221420 - Overhead travelling cranes on fixed support
• Prodcom 28221433 - Mobile lifting frames on tyres and straddle carriers
• Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes
• Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
• Prodcom 28221450 - Self-propelled lifting equipment, of a kind mounted to run on rails in servicing building sites, quarries and the like
• Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles
• Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

This report provides an in-depth analysis of the crane market in China. 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.


Country coverage:
• China

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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