Denmark: Crane Lorry Market Overview 2020

Crane Lorry Market Size in Denmark

The revenue of the crane lorry market in Denmark amounted to $X in 2018, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, crane lorry consumption continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the crane lorry market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Crane Lorry Exports

Exports from Denmark

In 2018, the amount of crane lorries exported from Denmark totaled X units, dropping by -X% against the previous year. Over the period under review, crane lorry exports continue to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at X units in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, crane lorry exports amounted to $X in 2018. Over the period under review, crane lorry exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, crane lorry exports attained their peak of $X. From 2009 to 2018, the growth of crane lorry exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X units), Germany (X units) and Ghana (X units) were the main destinations of crane lorry exports from Denmark, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Ghana, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for crane lorry exports from Denmark, comprising X% of total crane lorry exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Norway (+X% per year).

Export Prices by Country

In 2018, the average crane lorry export price amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the crane lorry export price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per unit), while the average price for exports to Ghana ($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 Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Crane Lorry Imports

Imports into Denmark

In 2018, the imports of crane lorries into Denmark stood at X units, lowering by -X% against the previous year. In general, crane lorry imports continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, crane lorry imports amounted to $X in 2018. In general, crane lorry imports continue to indicate a drastic decrease. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Iceland (X units), Turkey (X units) and Belgium (X units) were the main suppliers of crane lorry imports to Denmark, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Turkey, while the other leaders experienced mixed trend patterns.

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

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

Import Prices by Country

The average crane lorry import price stood at $X per unit in 2018, shrinking by -X% against the previous year. Over the period under review, the crane lorry import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. In that year, the average import prices for crane lorries attained their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per unit), while the price for Iceland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform