Greece: Crane Market Overview 2021

Crane Market Size in Greece

The Greek crane market totaled $X in 2018, stabilizing at 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). In general, consumption showed a noticeable expansion. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2018.

Crane Exports

Exports from Greece

In 2019, approx. X units of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane were exported from Greece; remaining relatively unchanged against 2018. Over the period under review, exports saw a relatively flat trend pattern. Exports peaked at X units in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, crane exports shrank rapidly to $X in 2019. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

From 2007 to 2019, the average annual growth rate of volume to No country was relatively modest.

In value terms, Albania ($X), Macedonia ($X) and Spain ($X) constituted the largest markets for crane exported from Greece worldwide, with a combined X% share of total exports. Cyprus, Turkey, the Czech Republic, Ghana, Italy and Germany lagged somewhat behind, together accounting for a further X the main countries of destination, Ghana (+X% per year) saw 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.

Crane Imports

Imports into Greece

Crane imports into Greece totaled X units in 2019, standing approx. at the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, crane imports reduced dramatically to $X in 2019. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

From 2007 to 2019, the average annual growth rate of volume from No country was relatively modest.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) were the largest crane suppliers to Greece, with a combined X% share of total imports.

The Netherlands recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox AI 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?

+

The countries with the highest volumes of crane consumption in 2019 were China (318K units), the U.S. (170K units) and Belgium (164K units), together comprising 46% of global consumption. These countries were followed by Russia, Germany, France, Italy, South Korea, Brazil, Canada, Singapore and Australia, 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?

+

The countries with the highest volumes of crane production in 2019 were China (372K units), Italy (275K units) and Belgium (178K units), with a combined 47% share of global production. The U.S., Germany, Russia, South Korea, Spain, France, Poland, Austria and Brazil lagged somewhat behind, together comprising a further 29%.

What are the leading suppliers of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane to Greece?

+

In value terms, Italy ($3.6M), Germany ($2M) and the Netherlands ($1.3M) appeared to be the largest crane suppliers to Greece, with a combined 40% share of total imports.

What are the leading importers of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane from Greece?

+

In value terms, Albania ($393K), Macedonia ($316K) and Spain ($211K) constituted the largest markets for crane exported from Greece worldwide, with a combined 33% share of total exports. These countries were followed by Cyprus, Turkey, the Czech Republic, Ghana, Italy and Germany, which together accounted for a further 15%.