SADC: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in SADC

The SADC overhead travelling crane market amounted to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Overhead Travelling Crane Production in SADC

In value terms, overhead travelling crane production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Overhead Travelling Crane Exports

Exports in SADC

In 2022, shipments abroad of overhead travelling cranes on fixed support increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, overhead travelling crane exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of overhead travelling cranes on fixed support, generating X% of total exports. Swaziland (X units) ranks second in terms of the total exports with an X% share, followed by Lesotho (X%) and Zambia (X%). Namibia (X units), Botswana (X units) and Democratic Republic of the Congo (X units) took a little share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of overhead travelling cranes on fixed support. At the same time, Swaziland (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Lesotho (X%), Namibia (X%), Democratic Republic of the Congo (X%) and Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Swaziland, Lesotho, Zambia and Democratic Republic of the Congo increased by X, X, X, X and X percentage points, respectively.

In value terms, South Africa ($X) emerged as the largest overhead travelling crane supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Lesotho ($X), with a X% share of total exports. It was followed by Swaziland, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Lesotho (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, surging by X% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price 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, overhead travelling crane export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced a decline in the export price figures.

Overhead Travelling Crane Imports

Imports in SADC

In 2022, approx. X units of overhead travelling cranes on fixed support were imported in SADC; with an increase of X% against 2021. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, overhead travelling crane imports surged to $X in 2022. Overall, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of overhead travelling crane imports in 2022 were Mozambique (X units), Tanzania (X units) and Democratic Republic of the Congo (X units), together reaching X% of total import. Zambia (X units) ranks next in terms of the total imports with a X% share, followed by Zimbabwe (X%) and South Africa (X%). Angola (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) constitutes the largest market for imported overhead travelling cranes on fixed support in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with an X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mozambique totaled X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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