Report Northern America - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 14, 2022

Northern America - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Truck Crane Market 2022

Truck Crane Market Size in Northern America

In 2021, after four years of growth, there was significant decline in the North American truck crane market, when its value decreased by -8.5% to $X. The total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then declined in the following year.

Truck Crane Production in Northern America

In value terms, truck crane production contracted to $X in 2021 estimated in export price. In general, production, however, saw a perceptible increase. The growth pace was the most rapid in 2018 when the production volume increased by 59% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Truck Crane Exports

Exports in Northern America

In 2021, overseas shipments of truck cranes increased by 39% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2018 with an increase of 68%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, truck crane exports contracted to $X in 2021. Overall, exports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 104% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the United States (X units) was the key exporter of truck cranes, achieving 62% of total exports. It was distantly followed by Canada (X units), making up a 38% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +19.3%).

In value terms, the United States ($X) remains the largest truck crane supplier in Northern America, comprising 93% of total exports. The second position in the ranking was taken by Canada ($X), with a 7.1% share of total exports.

In the United States, truck crane exports plunged by an average annual rate of -5.0% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, falling by -35.7% against the previous year. In general, the export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2013 an increase of 24% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2020, and then dropped dramatically in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.2%).

Truck Crane Imports

Imports in Northern America

Truck crane imports rose rapidly to X units in 2021, increasing by 14% on the previous year. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by 40%. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, truck crane imports rose remarkably to $X in 2021. Overall, imports, however, recorded a pronounced descent. The growth pace was the most rapid in 2018 when imports increased by 44%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Canada (X units) was the main importer of truck cranes, making up 62% of total imports. It was distantly followed by the United States (X units), committing a 37% share of total imports.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of -7.6%).

In value terms, the United States ($X) constitutes the largest market for imported truck cranes in Northern America, comprising 77% of total imports. The second position in the ranking was held by Canada ($X), with a 23% share of total imports.

In the United States, truck crane imports plunged by an average annual rate of -1.6% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, shrinking by -6% against the previous year. Import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, truck crane import price increased by +44.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by 53%. As a result, import price reached the peak level of $X per unit, and then declined in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.1%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in Northern America?
+
The United States remains the largest truck crane consuming country in Northern America, comprising approx. 87% of total volume. Moreover, truck crane consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sevenfold.
What are the largest producers of truck cranes in Northern America?
+
The United States constituted the country with the largest volume of truck crane production, comprising approx. 89% of total volume. Moreover, truck crane production in the United States exceeded the figures recorded by the second-largest producer, Canada, eightfold.
What are the leading suppliers of truck cranes in Northern America?
+
In value terms, the United States remains the largest truck crane supplier in Northern America, comprising 93% of total exports. The second position in the ranking was held by Canada, with a 7.1% share of total exports.
What are the leading importers of truck cranes in Northern America?
+
In value terms, the United States constitutes the largest market for imported truck cranes in Northern America, comprising 77% of total imports. The second position in the ranking was taken by Canada, with a 23% share of total imports.
What is the average export price for truck cranes in Northern America?
+
In 2021, the export price in Northern America amounted to $125,985 per unit, shrinking by -35.7% against the previous year.
What is the average import price for truck cranes in Northern America?
+
The import price in Northern America stood at $609,390 per unit in 2021, declining by -6% against the previous year.

This report provides an in-depth analysis of the truck crane market in Northern America. 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 2030.


Product coverage:
• Prodcom 29105100 - Crane lorries
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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