Czech Republic: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in the Czech Republic

In 2022, the Czech overhead travelling crane market increased by 399% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption recorded a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Overhead Travelling Crane Production in the Czech Republic

In value terms, overhead travelling crane production fell to $X in 2022 estimated in export price. In general, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7.9% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Overhead Travelling Crane Exports

Exports from the Czech Republic

In 2022, shipments abroad of overhead travelling cranes on fixed support decreased by -16.7% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 191% against the previous year. The exports peaked at X units in 2021, and then declined notably in the following year.

In value terms, overhead travelling crane exports dropped to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by 234% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Germany (X units) was the main destination for overhead travelling crane exports from the Czech Republic, with a 34% share of total exports. Moreover, overhead travelling crane exports to Germany exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was taken by Austria (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+46.2% per year) and Austria (+42.6% per year).

In value terms, Germany ($X) remains the key foreign market for overhead travelling cranes on fixed support exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was taken by Poland ($X), with a 15% share of total exports. It was followed by Austria, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+113.5% per year) and Austria (+34.9% per year).

Export Prices by Country

The average overhead travelling crane export price stood at $X per unit in 2022, increasing by 19% against the previous year. Overall, the export price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+9.9%), while the prices for the other major destinations experienced a decline.

Overhead Travelling Crane Imports

Imports into the Czech Republic

In 2022, approx. X units of overhead travelling cranes on fixed support were imported into the Czech Republic; reducing by -73% against the previous year's figure. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2016 when imports increased by 136%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, overhead travelling crane imports reduced remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by 137%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of overhead travelling crane to the Czech Republic, with a 60% share of total imports. Moreover, overhead travelling crane imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X units), threefold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+8.4% per year) and Italy (+2.5% per year).

In value terms, Germany ($X) constituted the largest supplier of overhead travelling cranes on fixed support to the Czech Republic, comprising 61% of total imports. The second position in the ranking was taken by Slovakia ($X), with a 21% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to -18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+3.5% per year) and Italy (+28.2% per year).

Import Prices by Country

In 2022, the average overhead travelling crane import price amounted to $X per unit, with a decrease of -14.6% against the previous year. In general, the import price saw a pronounced decrease. The pace of growth was the most pronounced in 2021 an increase of 72%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Austria ($X per unit), while the price for Spain ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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