Ireland: Crane Lorry Market Overview 2021

Crane Lorry Market Size in Ireland

The Irish crane lorry market was finally on the rise to reach $X in 2020, after two years of decline. Overall, consumption, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Crane Lorry Production in Ireland

In value terms, crane lorry production fell to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a perceptible expansion. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Crane Lorry Exports

Exports from Ireland

In 2020, the amount of crane lorries exported from Ireland contracted sharply to X units, waning by -X% against 2019 figures. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, crane lorry exports contracted sharply to $X in 2020. Over the period under review, exports recorded a moderate increase. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2018 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Spain (X units), the UK (X units) and the Netherlands (X units) were the main destinations of crane lorry exports from Ireland.

From 2007 to 2020, the biggest increases were in the Netherlands, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for crane lorry exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average crane lorry export price stood at $X per unit in 2020, surging by X% against the previous year. Overall, the export price showed a buoyant expansion. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the UK ($X per unit), while the average price for exports to the Netherlands ($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 the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Crane Lorry Imports

Imports into Ireland

In 2020, supplies from abroad of crane lorries decreased by -X% to X units, falling for the fourth year in a row after five years of growth. Overall, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, crane lorry imports reduced dramatically to $X in 2020. In general, imports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X units) constituted the largest crane lorry supplier to Ireland, with a X% share of total imports. Moreover, crane lorry imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. France (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and France (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of crane lorry to Ireland, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and France (+X% per year).

Import Prices by Country

The average crane lorry import price stood at $X per unit in 2020, reducing by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The import price peaked at $X per unit in 2019, and then shrank remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Germany ($X per unit) and France ($X per unit), while the price for the UK ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Finland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crane lorries in the world?

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China (24K units) constituted the country with the largest volume of crane lorry consumption, accounting for 23% of total volume. Moreover, crane lorry consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (8.1K units), threefold. The third position in this ranking was occupied by Japan (5.1K units), with a 5% share.

What are the largest producers of crane lorries in the world?

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The country with the largest volume of crane lorry production was China (27K units), accounting for 28% of total volume. Moreover, crane lorry production in China exceeded the figures recorded by the second-largest producer, the U.S. (8K units), threefold. Germany (5.6K units) ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of crane lorries to Ireland?

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In value terms, Germany ($9.7M) constituted the largest supplier of crane lorry to Ireland, comprising 64% of total imports. The second position in the ranking was occupied by the UK ($2.9M), with a 19% share of total imports. It was followed by France, with a 9.8% share.

What are the leading importers of crane lorries from Ireland?

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In value terms, the UK ($5.8M) remains the key foreign market for crane lorry exports from Ireland, comprising 95% of total exports. The second position in the ranking was occupied by Spain ($200K), with a 3.3% share of total exports.

What is the average export price for crane lorries in Ireland?

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The average crane lorry export price stood at $122,153 per unit in 2020, increasing by 15% against the previous year.

What is the average import price for crane lorries in Ireland?

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The average crane lorry import price stood at $309,435 per unit in 2020, reducing by -35.8% against the previous year.