France: Truck Crane Market 2022

Truck Crane Market Size in France

In 2021, the French truck crane market decreased by -14.8% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, showed pronounced growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Truck Crane Exports

Exports from France

In 2021, overseas shipments of truck cranes decreased by -9.5% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 102%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, truck crane exports skyrocketed to $X in 2021. In general, exports showed a deep slump. The growth pace was the most rapid in 2013 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X units), the Netherlands (X units) and Spain (X units) were the main destinations of truck crane exports from France, with a combined 65% share of total exports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +79.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for truck crane exports from France, comprising 32% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+64.5% per year) and Spain (+53.4% per year).

Export Prices by Country

The average truck crane export price stood at $X per unit in 2021, surging by 36% against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Benin ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.1%), while the prices for the other major destinations experienced a decline.

Truck Crane Imports

Imports into France

In 2021, overseas purchases of truck cranes decreased by -10.7% to X units, falling for the second year in a row after five years of growth. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 79%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, truck crane imports shrank rapidly to $X in 2021. Overall, imports, however, posted a temperate expansion. The growth pace was the most rapid in 2018 when imports increased by 44%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of truck crane to France, accounting for a 70% share of total imports. Moreover, truck crane imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), ninefold. Poland (X units) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+13.1% per year) and Poland (+94.9% per year).

In value terms, Germany ($X) constituted the largest supplier of truck crane to France, comprising 90% of total imports. The second position in the ranking was taken by Belgium ($X), with a 2.3% share of total imports. It was followed by the Netherlands, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.9% per year) and the Netherlands (+9.3% per year).

Import Prices by Country

In 2021, the average truck crane import price amounted to $X per unit, dropping by -9.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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