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

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

In 2021, the Colombian transporter and bridge cranes market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a noticeable reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, transporter and bridge cranes production expanded remarkably to $X in 2021 estimated in export price. Overall, production saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 104% against the previous year. Transporter and bridge cranes production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Colombia

In 2021, the amount of transporter cranes, gantry cranes and bridge cranes exported from Colombia soared to X units, rising by 1,247% on the previous year's figure. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, transporter and bridge cranes exports soared to $X in 2021. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X units), Ecuador (X units) and Chile (X units) were the main destinations of transporter and bridge cranes exports from Colombia, with a combined 88% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +90.7%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Panama ($X) and Chile ($X) appeared to be the largest markets for transporter and bridge cranes exported from Colombia worldwide, together comprising 92% of total exports. These countries were followed by Ecuador, which accounted for a further 8.3%.

Ecuador, with a CAGR of +56.5%, recorded the highest rates of growth with regard to 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 transporter and bridge cranes export price stood at $X per unit in 2021, which is down by -10.5% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2016 an increase of 69%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Ecuador ($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 States (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into Colombia

In 2021, the amount of transporter cranes, gantry cranes and bridge cranes imported into Colombia shrank markedly to X units, with a decrease of -75.8% against 2020. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 8,669% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, transporter and bridge cranes imports fell significantly to $X in 2021. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 7,366% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Ecuador (X units), China (X units) and Austria (X units) were the main suppliers of transporter and bridge cranes imports to Colombia, together accounting for 86% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +91.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transporter and bridge cranes suppliers to Colombia were Austria ($X), Ecuador ($X) and China ($X), together comprising 64% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +96.1%, recorded the highest rates of growth with regard to the value of imports, 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, standing approx. at the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 39%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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