Eastern Europe: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Eastern Europe

The East European overhead travelling crane market fell to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Overhead Travelling Crane Production in Eastern Europe

In value terms, overhead travelling crane production shrank modestly 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 Eastern Europe

In 2022, overseas shipments of overhead travelling cranes on fixed support decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, overhead travelling crane exports reduced remarkably to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic represented the largest exporting country with an export of about X units, which accounted for X% of total exports. Hungary (X units) held the second position in the ranking, distantly followed by Bulgaria (X units), Russia (X units), Lithuania (X units) and Ukraine (X units). All these countries together took near X% share of total exports. Romania (X units) held a little share of total exports.

The Czech Republic was also the fastest-growing in terms of the overhead travelling cranes on fixed support exports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%) and Romania (X%) displayed positive paces of growth. By contrast, Bulgaria (X%), Russia (X%), Lithuania (X%) and Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Czech Republic and Hungary increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest overhead travelling crane supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. 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 stood at a somewhat 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 Ukraine ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Overhead Travelling Crane Imports

Imports in Eastern Europe

In 2022, purchases 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. In general, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. 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 contracted remarkably to $X in 2022. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Russia represented the largest importing country with an import of about X units, which finished at X% of total imports. Romania (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Slovakia (X%), Belarus (X%) and Hungary (X%). Bulgaria (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Slovakia (X%), Hungary (X%), Bulgaria (X%) and Romania (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Romania, Slovakia, Poland, Hungary and Bulgaria increased by X, X, X, X and X percentage points, respectively.

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

In Russia, overhead travelling crane imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, dropping by X% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the 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 Slovakia ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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