Global Loading Machinery Market 2024

Loading Machinery Market Size

The global loading machinery market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a strong expansion. Over the period under review, the global market reached the peak level at $X.1B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Loading Machinery Production

In value terms, loading machinery production stood at $X.8B in 2022 estimated in export price. In general, production saw a prominent expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Global production peaked at $X.9B in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Loading Machinery Exports

Exports

In 2022, shipments abroad of lifting, handling, loading or unloading machinery increased by X% to X units, rising for the second consecutive year after two years of decline. In general, total exports indicated strong growth from 2012 to 2022: its volume 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 was the most pronounced in 2018 with an increase of X%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, loading machinery exports rose modestly to $X in 2022. Overall, total exports indicated a buoyant 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

China represented the largest exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by the United States (X units) and Germany (X units), together committing a X% share of total exports. The Netherlands (X units), Canada (X units), France (X units), Italy (X units), India (X units), Hong Kong SAR (X units), the UK (X units) and Belgium (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to loading machinery exports from China stood at X%. At the same time, India (X%), the United States (X%), Canada (X%), Italy (X%), France (X%), the UK (X%), the Netherlands (X%), Germany (X%), Belgium (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States (X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Italy, the United States, France, Canada, the UK, Belgium, India and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 loading machinery export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Loading Machinery Imports

Imports

In 2022, overseas purchases of lifting, handling, loading or unloading machinery increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, loading machinery imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of X% 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 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in the immediate term.

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 Australia (X units), mixing up a X% share of total imports. Canada (X units), Hong Kong SAR (X units), China (X units), the Netherlands (X units), the UK (X units), Thailand (X units) and Germany (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to loading machinery imports into the United States stood at X%. At the same time, Thailand (X%), the UK (X%), China (X%), the Netherlands (X%), Australia (X%), Germany (X%), Canada (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The United States (X p.p.) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported lifting, handling, loading or unloading machinery worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by China, with a X% share.

In the United States, loading machinery imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average loading machinery import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Germany ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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