Asia: Tower And Portal Cranes Market 2020

Tower And Portal Cranes Market Size in Asia

The revenue of the tower and portal cranes market in Asia amounted to $X in 2017, going up by X% against the previous year. The tower and portal cranes consumption continues to indicate an outstanding growth. The pace of growth was the most pronounced in 2017, when market value increased by X% y-o-y. In that year, the tower and portal cranes market attained their peak level, and is likely to continue its growth in the immediate term.

Tower And Portal Cranes Production in Asia

The tower and portal cranes production stood at X units in 2017, rising by X% against the previous year. The tower and portal cranes production continues to indicate a strong increase. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. In that year, the tower and portal cranes production reached their peak volume, and is likely to continue its growth in the immediate term.

Tower And Portal Cranes Exports in Asia

In 2017, approx. X units of tower cranes and portal or pedestal jib cranes were exported in Asia; surging by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the tower and portal cranes exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, tower and portal cranes exports stood at $X in 2017. The tower and portal cranes exports continue to indicate a temperate downturn. In that year, the tower and portal cranes exports reached their peak level of $X. From 2009 to 2017, growth of the tower and portal cranes exports stood at a somewhat lower level.

Tower And Portal Cranes Exports by Country in Asia

Malaysia represented the key exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by China (X units), mixed up X% share of total exports. The following exporters - Singapore (X units) and the United Arab Emirates (X units) together made up X% of total exports.

Malaysia was also the fastest growing in terms of the tower cranes and portal or pedestal jib cranes exports, with a CAGR of +X% from 2007 to 2017. At the same time, Singapore (+X%) and China (+X%) displayed positive paces of growth. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of China (-X%) and Malaysia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tower and portal cranes supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

In China, tower and portal cranes exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Singapore (+X% per year).

Tower And Portal Cranes Export Prices by Country in Asia

The tower and portal cranes export price in Asia stood at $X thousand per unit in 2017, dropping by -X% against the previous year. The tower and portal cranes export price continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the export prices for tower cranes and portal or pedestal jib cranes attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the export prices for tower cranes and portal or pedestal jib cranes stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X thousand per unit), while Malaysia ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Tower And Portal Cranes Imports in Asia

In 2017, the amount of tower cranes and portal or pedestal jib cranes imported in Asia amounted to X units, jumping by X% against the previous year. The tower and portal cranes imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2016, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, tower and portal cranes imports totaled $X in 2017. The tower and portal cranes imports continue to indicate a temperate deduction. Over the period under review, the tower and portal cranes imports attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Tower And Portal Cranes Imports by Country in Asia

The countries with the highest levels of tower and portal cranes imports in 2017 were Jordan (X units), together amounting to X% of total import.

Jordan was also the fastest growing in terms of the tower cranes and portal or pedestal jib cranes imports, with a CAGR of +X% from 2007 to 2017. While the share of Jordan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Jordan ($X) constitutes the largest market for imported tower cranes and portal or pedestal jib cranes in Asia.

In Jordan, tower and portal cranes imports plunged by an average annual rate of -X% over the period from 2007-2017.

Tower And Portal Cranes Import Prices by Country in Asia

The tower and portal cranes import price in Asia stood at $X per thousand units in 2017, falling by -X% against the previous year. The tower and portal cranes import price continues to indicate a precipitous decrease. The pace of growth was the most pronounced in 2014, an increase of X% y-o-y. Over the period under review, the import prices for tower cranes and portal or pedestal jib cranes reached its peak figure level of $X thousand per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for Jordan.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (-X% per year).

Source: IndexBox Platform