China: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2025

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in China

In 2021, the Chinese transporter and bridge cranes market increased by 6.6% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in China

In value terms, transporter and bridge cranes production expanded modestly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 26%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from China

In 2021, shipments abroad of transporter cranes, gantry cranes and bridge cranes was finally on the rise to reach X units after four years of decline. In general, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -35.7% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of 69% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, transporter and bridge cranes exports stood at $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 53% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), Singapore (X units) and South Korea (X units) were the main destinations of transporter and bridge cranes exports from China, with a combined 45% share of total exports. Qatar, Nigeria, India, Vietnam, Turkey, Canada, Greece, Spain, Israel and the Philippines lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +155.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Singapore ($X) and South Korea ($X) constituted the largest markets for transporter and bridge cranes exported from China worldwide, with a combined 52% share of total exports. India, Canada, Turkey, Qatar, Vietnam, Greece, Spain, Israel, the Philippines and Nigeria lagged somewhat behind, together comprising a further 29%.

Qatar, with a CAGR of +120.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 transporter and bridge cranes export price stood at $X per unit in 2021, leveling off at the previous year. In general, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 an increase of 26% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Nigeria ($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 Canada (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into China

In 2021, approx. X units of transporter cranes, gantry cranes and bridge cranes were imported into China; waning by -9.8% compared with the year before. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 180%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, transporter and bridge cranes imports rose remarkably to $X in 2021. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 94%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Italy (X units) and Japan (X units) were the main suppliers of transporter and bridge cranes imports to China, with a combined 80% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +79.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Japan ($X) and Italy ($X) constituted the largest transporter and bridge cranes suppliers to China, together accounting for 64% of total imports.

Japan, with a CAGR of +84.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average transporter and bridge cranes import price amounted to $X per unit, increasing by 18% against the previous year. Over the period under review, the import price continues to indicate mild growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 164% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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