Eastern Asia: Mobile Lifting Frame Market 2025

Mobile Lifting Frame Market Size in Eastern Asia

In 2021, after four years of decline, there was growth in the East Asian mobile lifting frame market, when its value increased by 1% to $X. In general, consumption, however, saw a mild slump. The most prominent rate of growth was recorded in 2016 when the market value increased by 5.2% against the previous year. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Mobile Lifting Frame Production in Eastern Asia

In value terms, mobile lifting frame production stood at $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 6.9% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Mobile Lifting Frame Exports

Exports in Eastern Asia

In 2021, approx. X units of mobile lifting frames on tyres and straddle carriers were exported in Eastern Asia; reducing by -11.3% on the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 148% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, mobile lifting frame exports shrank to $X in 2021. In general, exports, however, posted a slight increase. The most prominent rate of growth was recorded in 2016 with an increase of 119% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Japan represented the key exporter of mobile lifting frames on tyres and straddle carriers in Eastern Asia, with the volume of exports resulting at X units, which was near 62% of total exports in 2021. China (X units) held a 31% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (5.9%).

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +13.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Japan ($X) remains the largest mobile lifting frame supplier in Eastern Asia, comprising 65% of total exports. The second position in the ranking was held by China ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan amounted to +14.8%. In the other countries, the average annual rates were as follows: China (-7.6% per year) and Taiwan (Chinese) (+3.4% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, waning by -1.6% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the other leaders experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports in Eastern Asia

In 2021, after two years of decline, there was significant growth in supplies from abroad of mobile lifting frames on tyres and straddle carriers, when their volume increased by 63% to X units. Over the period under review, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 127%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, mobile lifting frame imports soared to $X in 2021. Overall, imports recorded a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of 138% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

South Korea dominates imports structure, resulting at X units, which was approx. 90% of total imports in 2021. It was distantly followed by Japan (X units), generating a 5.6% share of total imports. Taiwan (Chinese) (X units) held a little share of total imports.

South Korea was also the fastest-growing in terms of the mobile lifting frames on tyres and straddle carriers imports, with a CAGR of -2.4% from 2012 to 2021. Japan (-8.4%) and Taiwan (Chinese) (-23.7%) illustrated a downward trend over the same period. While the share of South Korea (+25 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-1.5 p.p.) and Taiwan (Chinese) (-12.4 p.p.) displayed negative dynamics.

In value terms, South Korea ($X) constitutes the largest market for imported mobile lifting frames on tyres and straddle carriers in Eastern Asia, comprising 91% of total imports. The second position in the ranking was taken by Japan ($X), with a 6.9% share of total imports.

In South Korea, mobile lifting frame imports increased at an average annual rate of +7.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+0.7% per year) and Taiwan (Chinese) (-21.8% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, picking up by 33% against the previous year. In general, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 when the import price increased by 88%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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