CIS: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in CIS

The CIS overhead travelling crane market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a mild descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Overhead Travelling Crane Production in CIS

In value terms, overhead travelling crane production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Overhead Travelling Crane Exports

Exports in CIS

For the third year in a row, the CIS recorded decline in overseas shipments of overhead travelling cranes on fixed support, which decreased by X% to X units in 2022. Overall, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, overhead travelling crane exports fell notably to $X in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia represented the major exporting country with an export of around X units, which amounted to X% of total exports. Armenia (X units) took the second position in the ranking, distantly followed by Belarus (X units) and Kazakhstan (X units). All these countries together took near X% share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Armenia (X p.p.), Belarus (X p.p.) and Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest overhead travelling crane supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with an X% share of total exports. It was followed by Belarus, with a X% share.

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

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Armenia ($X per unit) was amongst the lowest.

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

Overhead Travelling Crane Imports

Imports in CIS

In 2022, supplies from abroad of overhead travelling cranes on fixed support decreased by X% to X units, falling for the third year in a row after two years of growth. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2019 when imports increased by X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, overhead travelling crane imports shrank significantly to $X in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) was the key importer of overhead travelling cranes on fixed support, constituting X% of total imports. It was distantly followed by Kazakhstan (X units), Uzbekistan (X units), Belarus (X units) and Azerbaijan (X units), together mixing up a X% share of total imports. Tajikistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to overhead travelling crane imports into Russia stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Tajikistan experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%), Azerbaijan (X%) and Belarus (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.), Kazakhstan (X p.p.), Tajikistan (X p.p.) and Azerbaijan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported overhead travelling cranes on fixed support in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

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

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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