Report Update Jan 1, 2025

China - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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China: Truck Crane Market 2025

Truck Crane Market Size in China

The Chinese truck crane market reached $X in 2021, growing by 2.8% against the previous year. Over the period under review, consumption, however, showed a noticeable reduction. Truck crane consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Truck Crane Production in China

In value terms, truck crane production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable curtailment. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Truck Crane Exports

Exports from China

In 2021, the amount of truck cranes exported from China skyrocketed to X units, jumping by 72% on 2020. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 99%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, truck crane exports soared to $X in 2021. Over the period under review, exports, however, recorded a pronounced descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units), Russia (X units) and Kazakhstan (X units) were the main destinations of truck crane exports from China, together comprising 2.3% of total exports. These countries were followed by Brazil, Vietnam, Thailand, India, the United Arab Emirates, Indonesia, Uzbekistan, Saudi Arabia, Qatar and Ukraine, which together accounted for a further 1.9%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +45.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for truck crane exported from China were Russia ($X), Brazil ($X) and India ($X), with a combined 36% share of total exports. Vietnam, Kazakhstan, Indonesia, Thailand, the United Arab Emirates, Uzbekistan, Qatar, Saudi Arabia, Oman and Ukraine lagged somewhat behind, together accounting for a further 43%.

Ukraine, with a CAGR of +43.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average truck crane export price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Truck Crane Imports

Imports into China

Truck crane imports into China reduced rapidly to X units in 2021, with a decrease of -91.3% on the previous year's figure. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 925% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, truck crane imports shrank rapidly to $X in 2021. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 813%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of truck crane to China, accounting for a approx. 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -38.4%.

In value terms, Germany ($X) constituted the largest supplier of truck cranes to China.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -20.6%.

Import Prices by Country

The average truck crane import price stood at $X per unit in 2021, picking up by 5.4% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, truck crane import price decreased by -6.2% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 49%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to +362.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in the world?

The countries with the highest volumes of in 2021 were China, Poland and the United States, with a combined 22% share of global consumption.

What are the largest producers of truck cranes in the world?

Germany constituted the country with the largest volume of truck crane production, accounting for 42% of total volume. Moreover, truck crane production in Germany exceeded the figures recorded by the second-largest producer, China, threefold. The United States ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of truck cranes to China?

In value terms, Russia, Finland and Pakistan were the largest truck crane suppliers to China, together comprising 73% of total imports. These countries were followed by Germany, Australia, the United Arab Emirates, Kazakhstan and Taiwan Chinese), which together accounted for a further 14%.

What are the leading importers of truck cranes from China?

In value terms, Russia, Indonesia and Thailand were the largest markets for truck crane exported from China worldwide, together comprising 25% of total exports.

What is the average export price for truck cranes in China?

In 2021, the average truck crane export price amounted to $178,270 per unit, falling by -8.1% against the previous year.

What is the average import price for truck cranes in China?

In 2021, the average truck crane import price amounted to $546,657 per unit, picking up by 61% against the previous year.

This report provides an in-depth analysis of the truck crane market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29105100 - Crane lorries

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024