Global Mounting Lifting Equipment Market 2024

Mounting Lifting Equipment Market Size

In 2022, after two years of decline, there was growth in the global mounting lifting equipment market, when its value increased by X% to $X. In general, the total consumption indicated buoyant growth 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. Over the period under review, the global market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mounting Lifting Equipment Production

In value terms, mounting lifting equipment production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Mounting Lifting Equipment Exports

Exports

In 2022, shipments abroad of lifting equipment designed for mounting on road vehicles increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The global exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, mounting lifting equipment exports reached $X in 2022. In general, total exports indicated a perceptible 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Austria (X units) and Italy (X units) represented the major exporters of lifting equipment designed for mounting on road vehicles in 2022, amounting to near X% and X% of total exports, respectively. Finland (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%), Slovakia (X%), South Korea (X%) and the United States (X%). Spain (X units), France (X units), Denmark (X units), Belgium (X units), Estonia (X units) and China (X units) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Slovakia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of global exports. Spain, Finland, South Korea, Denmark, Slovakia, the United States, France, Belgium, Estonia and China lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mounting lifting equipment export price amounted to $X per unit, falling by X% against the previous year. Overall, export price indicated pronounced growth 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, mounting lifting equipment export price increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The global export price peaked at $X per unit in 2021, and then declined in the following year.

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 Denmark ($X per unit), while the United States ($X per unit) was amongst the lowest.

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

Mounting Lifting Equipment Imports

Imports

In 2022, the amount of lifting equipment designed for mounting on road vehicles imported worldwide rose rapidly to X units, with an increase of X% against 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, mounting lifting equipment imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the UK (X units) and Canada (X units) represented the main importers of lifting equipment designed for mounting on road vehiclesin the world, together achieving X% of total imports. It was followed by Russia (X units), Germany (X units), France (X units) and Belgium (X units), together creating a X% share of total imports. The United States (X units), the Netherlands (X units), Australia (X units), Austria (X units), Portugal (X units), Spain (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest mounting lifting equipment importing markets worldwide were Germany ($X), France ($X) and the United States ($X), together accounting for X% of global imports. The UK, Russia, Canada, the Netherlands, Austria, Sweden, Spain, Belgium, Australia and Portugal lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mounting lifting equipment import price amounted to $X per unit, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while Portugal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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