Uganda: Crane Market 2024

Crane Market Size in Uganda

The Ugandan crane market totaled $X in 2022, almost unchanged from the previous year. Overall, the total consumption indicated a prominent expansion 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 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Crane Production in Uganda

In value terms, crane production amounted to $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion 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 growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Crane Exports

Exports from Uganda

In 2022, the amount of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane exported from Uganda skyrocketed to X units, picking up by X% on the previous year's figure. In general, exports, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, crane exports skyrocketed to $X in 2022. Overall, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X units) and Tanzania (X units) were the main destinations of crane exports from Uganda.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%).

In value terms, Tanzania ($X) remains the key foreign market for derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane exports from Uganda, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Tanzania totaled X%.

Export Prices by Country

In 2022, the average crane export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Kenya totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Crane Imports

Imports into Uganda

In 2022, after three years of decline, there was significant growth in purchases abroad of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane, when their volume increased by X% to X units. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, crane imports expanded remarkably to $X in 2022. In general, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Rwanda (X units) and India (X units) were the main suppliers of crane imports to Uganda, with a combined X% share of total imports.

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

In value terms, China ($X) constituted the largest supplier of derricks, cranes, mobile lifting frames, straddle carriers and work trucks fitted with a crane to Uganda, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Rwanda, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Rwanda (X% per year).

Import Prices by Country

The average crane import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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