Report Update Apr 1, 2024

Puerto Rico - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Truck Crane Market 2024

Truck Crane Market Size in Puerto Rico

The Puerto Rican truck crane market stood at less than $X in 2021, approximately equating 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). Over the period under review, consumption saw a relatively flat trend pattern.

Truck Crane Exports

Exports from Puerto Rico

In 2021, approx. less than X units of truck cranes were exported from Puerto Rico; approximately mirroring 2020. In general, exports recorded a relatively flat trend pattern.

In value terms, truck crane exports stood at less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Germany (X units) and China (X units) represented the largest exporters of truck cranesacross the globe, together resulting at approx. 69% of total exports. It was distantly followed by the Netherlands (X units), constituting an 8.6% share of total exports. The United States (X units), Belgium (X units) and Japan (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +2.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest truck crane supplier from Puerto Rico, comprising 58% of global exports. The second position in the ranking was taken by China ($X), with a 16% share of global exports. It was followed by the Netherlands, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany stood at -1.1%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-4.8% per year) and the Netherlands (+1.6% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, leveling off at the previous year. In general, the export price showed a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the other leaders experienced a decline in the export price figures.

Truck Crane Imports

Imports into Puerto Rico

In 2021, imports of truck cranes into Puerto Rico was estimated at less than X units, approximately reflecting 2020. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, truck crane imports stood at less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

The purchases of the three major importers of truck cranes, namely the United States, the Netherlands and Australia, represented more than third of total import. It was distantly followed by Russia (X units) and Canada (X units), together mixing up a 9.7% share of total imports. The United Arab Emirates (X units), Brazil (X units), South Korea (X units), Italy (X units), Myanmar (X units), the UK (X units), France (X units) and Japan (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Australia (with a CAGR of +71.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest truck crane importing markets into Puerto Rico were the United States ($X), Australia ($X) and the Netherlands ($X), together comprising 24% of total imports.

Australia, with a CAGR of +45.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, flattening at the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per thousand units), while the Netherlands ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and Australia, with a combined 31% share of global consumption.

What are the largest producers of truck cranes in the world?

The countries with the highest volumes of production in 2021 were China, Germany and the Netherlands, with a combined 73% share of global production. Poland, Japan, Turkey and the UK lagged somewhat behind, together comprising a further 8.5%.

What are the leading suppliers of truck cranes to Puerto Rico?

In value terms, the largest truck crane importing markets into Puerto Rico were the United States, Australia and the Netherlands, together comprising 24% of total imports.

What are the leading importers of truck cranes from Puerto Rico?

In value terms, Germany remains the largest truck crane supplier from Puerto Rico, comprising 58% of global exports. The second position in the ranking was held by China, with a 16% share of global exports. It was followed by the Netherlands, with a 6.1% share.

What is the average export price for truck cranes in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per thousand units, remaining stable against the previous year.

What is the average import price for truck cranes in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per thousand units, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the truck crane market in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023