The EU crane market shrank to $X in 2020, a -X% contraction from the previous year. Overall, consumption recorded a sharp contraction. The fastest growth rate in 2019, with a year-on-year increase of X%. Consumption levels peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain momentum.
In terms of value, crane production decreased significantly in 2020 to $2020 (estimated at export prices). During the period under review, production recorded a significant contraction. The growth rate was most pronounced in 2011, with production increasing by X% over the previous year. During the period under review, production hit an all-time high of $X in 2008; however, from 2009 to 2020, production was at a lower level.
The countries with the highest crane production in 2020 are Italy (X units), Belgium (X units) and Germany (X units), which together account for X% of total production. Belgium saw the largest growth from 2007 to 2020, while crane production at other leading companies grew at a more modest rate.
Denmark Overhead Crane
European crane export scale In 2020, overseas shipments of cranes, mobile cranes fell -X% to X units, the second consecutive year of decline after two years of growth. Overall, exports contracted significantly. In 2011, the growth rate was the fastest, with an increase of X% year-on-year. Exports peaked at X units in 2008; however, from 2009 to 2020, exports failed to regain momentum.
Crane exports fell to X dollars in 2020 by value. Overall, exports fell slightly. The most significant growth rate occurred in 2011, when exports increased by X% over the previous year. Export levels peaked at $X in 2008; however, from 2009 to 2020, export figures were slightly lower.
In 2020, Italy (X units), followed by Spain (X units), Germany (X units), Austria (X units), Hungary (X units), Poland (X units), Belgium (X units) and France (X units, X units) are the main exporters of cranes, mobile crane frames, together accounting for X% of the total export value. From 2007 to 2020, Poland saw the largest increase in shipments, while the other leaders saw more modest growth in shipments.
In value terms, Germany ($X), Italy ($X) and Austria ($X) appear to be the countries with the highest levels of exports in 2020, together accounting for X% of total exports. Poland, Spain, Belgium, France and Hungary are a little behind. Combined with the X leading exporting countries, Poland had the highest export value growth rate during the period under review, while shipments from other leading countries showed a mixed trend in export data.
EU crane import scale In 2020, the supply of cranes and mobile cranes from abroad increased by X% to X units, increasing for the second consecutive year after two years of decline. During the period under review, however, imports continued to show a sudden decrease. The growth rate was most pronounced in 2011, when imports rose by X% year-on-year. During the period under review, imports reached a maximum of X units in 2008; however, from 2009 to 2020, import figures were slightly lower.
In value terms, 2020 crane imports fell slightly to $X. But overall, imports continue to show a modest contraction. In 2008, the growth rate was the fastest, with imports increasing by X% year-on-year. As a result, imports peaked at X dollars. From 2009 to 2020, import growth remained low.
In 2020, Belgium (X units) was the largest importer of cranes, mobile crane frames with X% of total imports. This is followed by the Netherlands (X units), Hungary (X units) and France (X units), which together account for X% of total imports. The following importing countries – Sweden (X units), Germany (X units), Italy (X units), Austria (X units) and Poland (X units) – together account for X% of total imports.
From 2007 to 2020, Belgium’s imports fell at an average annual rate of -X%. Meanwhile, Sweden (+X%), France (+X%), Hungary (+X%), Poland (+X%) and Germany (+X%) showed positive growth rates. In addition, Sweden became the fastest growing importer in the EU with a CAGR of +X% from 2007-2020. Austria experienced a relatively flat trend pattern. In contrast, Italy (-X%) and the Netherlands (-X%) showed a downward trend over the same period.
From 2007 to 2020, the shares of France, Hungary, Sweden and Germany increased by +X%, +X%, +X% and +X% percentage points respectively, while the Netherlands (-X pp) and Belgium (-X pp) ) saw their share dwindle. The share of other countries remained relatively stable throughout the analysis period.
In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the top importers in 2020, together accounting for X% of total imports. This was followed by Belgium, Austria, Italy, Sweden, Poland and Hungary, which saw record import value growth rates for the major importing countries during the period under review, while other leaders experienced more modest purchases. growth rate.
Statistics of various crane suppliers in EU The EU’s largest suppliers of cranes by value are Germany ($1.6B), Italy ($1.1B) and Austria ($739 million), which together account for 58% of total exports. Poland, Spain, Belgium, France and Hungary are slightly behind, with a combined 23%.
The EU’s largest crane import markets by value are Germany ($527 million), France ($437 million) and the Netherlands ($431 million), which together account for 45% of total imports. Belgium, Austria, Italy, Sweden, Poland and Hungary are slightly behind with a combined 33%.
The EU crane export price in 2020 was USD 35,953 per unit, down -4.6% from the previous year.
In 2020, the import price of cranes in the EU was US$22,765/unit, a year-on-year decrease of -10.4%.
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