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Finland - Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Crane Market Overview 2021

Crane Market Size in Finland

In 2020, the Finnish crane market decreased by -X% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Crane Production in Finland

In value terms, crane production declined to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Crane Exports

Exports from Finland

In 2020, overseas shipments of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane increased by X% to X units for the first time since 2016, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, crane exports declined dramatically to $X in 2020. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for crane exports from Finland, accounting for a X% share of total exports. Moreover, crane exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, North Macedonia (X units), fourfold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Democratic Republic of the Congo totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+X% per year) and Germany (-X% per year).

In value terms, Germany ($X), Belgium ($X) and the UK ($X) constituted the largest markets for crane exported from Finland worldwide, with a combined X% share of total exports. These countries were followed by Sweden, France, the U.S., Russia, Switzerland, Chile, Austria, Democratic Republic of the Congo and North Macedonia, which together accounted for a further X terms of the main countries of destination, Switzerland recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average crane export price stood at $X per unit in 2020, declining by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per unit. from 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Crane Imports

Imports into Finland

In 2020, overseas purchases of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane decreased by -X% to X units, falling for the third consecutive year after four years of growth. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at X units in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, crane imports declined markedly to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Sweden (X units), Germany (X units) and Italy (X units) were the main suppliers of crane imports to Finland, with a combined X% share of total imports. Austria, Poland, China, Spain, France, Slovakia, Denmark and Estonia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Italy ($X) constituted the largest crane suppliers to Finland, with a combined X% share of total imports. These countries were followed by Austria, Poland, Spain, China, France, Slovakia, Estonia and Denmark, which together accounted for a further X the main suppliers, Slovakia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average crane import price amounted to $X per unit, which is down by -X% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. The import price peaked at $X per unit in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane in the world?
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The countries with the highest volumes of crane consumption in 2020 were China (303K units), Belgium (191K units) and the U.S. (171K units), together accounting for 44% of global consumption. These countries were followed by Italy, Pakistan, France, Germany, Canada, Spain, South Korea and Singapore, which together accounted for a further 23%.
What are the largest producers of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane in the world?
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The countries with the highest volumes of crane production in 2020 were China (361K units), Belgium (188K units) and the U.S. (167K units), together comprising 48% of global production. Italy, Germany, Pakistan, Spain, France, Japan, Poland, South Korea, Austria and Turkey lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane to Finland?
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In value terms, Sweden ($15M), Germany ($11M) and Italy ($9.8M) were the largest crane suppliers to Finland, together accounting for 55% of total imports. These countries were followed by Austria, Poland, Spain, China, France, Slovakia, Estonia and Denmark, which together accounted for a further 40%.
What are the leading importers of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane from Finland?
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In value terms, Germany ($22M), Belgium ($15M) and the UK ($14M) appeared to be the largest markets for crane exported from Finland worldwide, with a combined 36% share of total exports. These countries were followed by Sweden, France, the U.S., Russia, Switzerland, Chile, Austria, Democratic Republic of the Congo and North Macedonia, which together accounted for a further 31%.
What is the average export price for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane in Finland?
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In 2020, the average crane export price amounted to $139,450 per unit, declining by -41.7% against the previous year.
What is the average import price for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane in Finland?
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The average crane import price stood at $163,750 per unit in 2020, which is down by -3.2% against the previous year.

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 Finland. 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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