Eastern Asia: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Eastern Asia

The East Asian mobile lifting frame market expanded modestly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mobile Lifting Frame Production in Eastern Asia

In value terms, mobile lifting frame production rose modestly to $X in 2022 estimated in export price. In general, production enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Mobile Lifting Frame Exports

Exports in Eastern Asia

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. Overall, exports, however, recorded a slight expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked 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. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X units) and China (X units) dominates exports structure, together constituting X% of total exports. Taiwan (Chinese) (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

In Japan, mobile lifting frame exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained 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 Japan ($X per unit), while China ($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 a decline in the export price figures.

Mobile Lifting Frame Imports

Imports in Eastern Asia

In 2022, after four years of growth, there was significant decline in supplies from abroad of mobile lifting frames on tyres and straddle carriers, when their volume decreased by X% to X units. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mobile lifting frame imports fell remarkably to $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

South Korea was the key importing country with an import of around X units, which reached X% of total imports. Hong Kong SAR (X units) held the second position in the ranking, followed by China (X units), Taiwan (Chinese) (X units) and Japan (X units). All these countries together took approx. X% share of total imports.

South Korea was also the fastest-growing in terms of the mobile lifting frames on tyres and straddle carriers imports, with a CAGR of X% from 2012 to 2022. Japan (X%), China (X%), Hong Kong SAR (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea increased by X percentage points.

In value terms, South Korea ($X) constitutes the largest market for imported mobile lifting frames on tyres and straddle carriers in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

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

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Hong Kong SAR ($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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