Eastern Europe: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2025

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Eastern Europe

The East European transporter and bridge cranes market fell to $X in 2021, approximately equating the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Eastern Europe

In value terms, transporter and bridge cranes production stood at $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +99.0% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. The level of production peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports in Eastern Europe

In 2021, approx. X units of transporter cranes, gantry cranes and bridge cranes were exported in Eastern Europe; declining by -51.6% on the previous year's figure. Over the period under review, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of 126%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, transporter and bridge cranes exports fell remarkably to $X in 2021. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 164%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Slovakia (X units) and the Czech Republic (X units) were the major exporters of transporter cranes, gantry cranes and bridge cranes in Eastern Europe, together comprising 71% of total exports. It was distantly followed by Poland (X units) and Ukraine (X units), together creating a 21% share of total exports. The following exporters - Russia (X units) and Belarus (X units) - together made up 6% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +58.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest transporter and bridge cranes supplying countries in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Poland ($X), with a combined 84% share of total exports.

Among the main exporting countries, the Czech Republic, with a CAGR of +54.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, with a decrease of -16.5% against the previous year. In general, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by 18%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in the Czech Republic ($X per unit) and Belarus ($X per unit), while Ukraine ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+12.5%), while the other leaders experienced a decline in the export price figures.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports in Eastern Europe

In 2021, purchases abroad of transporter cranes, gantry cranes and bridge cranes decreased by -16.6% to X units, falling for the second year in a row after two years of growth. Overall, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2016 with an increase of 49%. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, transporter and bridge cranes imports contracted to $X in 2021. Over the period under review, imports showed a mild decrease. The pace of growth appeared the most rapid in 2019 with an increase of 47% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Russia (X units), distantly followed by Poland (X units), Lithuania (X units) and the Czech Republic (X units) represented the main importers of transporter cranes, gantry cranes and bridge cranes, together creating 88% of total imports. The following importers - Estonia (X units), Hungary (X units) and Belarus (X units) - together made up 8.1% of total imports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +34.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Lithuania ($X) were the countries with the highest levels of imports in 2021, together comprising 81% of total imports.

Lithuania, with a CAGR of +30.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per unit, increasing by 2.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 21%. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :