Northern America: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Northern America

The North American overhead travelling crane market dropped modestly to $X in 2022, remaining constant against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Overhead Travelling Crane Production in Northern America

In value terms, overhead travelling crane production shrank to $X in 2022 estimated in export price. The total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Overhead Travelling Crane Exports

Exports in Northern America

In 2022, exports of overhead travelling cranes on fixed support in Northern America soared to X units, picking up by X% against the previous year. In general, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, overhead travelling crane exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, the United States (X units) represented the key exporter of overhead travelling cranes on fixed support, comprising X% of total exports. It was distantly followed by Canada (X units), creating a X% share of total exports.

Exports from the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the largest overhead travelling crane supplying countries in Northern America were the United States ($X) and Canada ($X).

Among the main exporting countries, Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price faced a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Overhead Travelling Crane Imports

Imports in Northern America

In 2022, the amount of overhead travelling cranes on fixed support imported in Northern America surged to X units, increasing by X% on the previous year's figure. In general, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, overhead travelling crane imports expanded notably to $X in 2022. Over the period under review, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The United States prevails in imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Canada (X units), creating a X% share of total imports.

The United States was also the fastest-growing in terms of the overhead travelling cranes on fixed support imports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

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

In the United States, overhead travelling crane imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, declining by X% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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