Report Update Nov 1, 2024

Ecuador - Transporter Cranes, Gantry Cranes and Bridge Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2024

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

In 2021, the Ecuadorian transporter and bridge cranes market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption saw buoyant growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Ecuador

In 2021, shipments abroad of transporter cranes, gantry cranes and bridge cranes was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports posted a significant increase. The growth pace was the most rapid in 2013 when exports increased by 615% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, transporter and bridge cranes exports soared to $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 478% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Colombia (X units) and Panama (X units) were the main destinations of transporter and bridge cranes exports from Ecuador.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +62.3%).

In value terms, Colombia ($X) remains the key foreign market for transporter cranes, gantry cranes and bridge cranes exports from Ecuador, comprising 66% of total exports. The second position in the ranking was taken by Panama ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Colombia stood at +71.6%.

Export Prices by Country

In 2021, the average transporter and bridge cranes export price amounted to $X per unit, surging by 28% against the previous year. In general, the export price, however, showed a sharp contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Panama totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+47.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into Ecuador

In 2021, supplies from abroad of transporter cranes, gantry cranes and bridge cranes was finally on the rise to reach X units after two years of decline. In general, imports showed a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 542% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, transporter and bridge cranes imports dropped rapidly to $X in 2021. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 400% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) was the main supplier of transporter and bridge cranes to Ecuador, accounting for a 93% share of total imports. It was followed by Brazil (X units), with a 1.6% share of total imports. Spain (X units) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+13.1% per year) and Spain (+50.4% per year).

In value terms, Japan ($X) constituted the largest supplier of transporter cranes, gantry cranes and bridge cranes to Ecuador, comprising 89% of total imports. The second position in the ranking was taken by Spain ($X), with a 2.4% share of total imports. It was followed by Brazil, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+53.0% per year) and Brazil (+1.6% per year).

Import Prices by Country

The average transporter and bridge cranes import price stood at $X per unit in 2021, with a decrease of -28.2% against the previous year. Overall, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 103% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Brazil ($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 (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for transporter cranes, gantry cranes and bridge cranes in the world?

China constituted the country with the largest volume of transporter and bridge cranes consumption, comprising approx. 31% of total volume. Moreover, transporter and bridge cranes consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia, threefold. The third position in this ranking was occupied by Singapore, with a 6.7% share.

What are the largest producers of transporter cranes, gantry cranes and bridge cranes in the world?

China remains the largest transporter and bridge cranes producing country worldwide, accounting for 47% of total volume. Moreover, transporter and bridge cranes production in China exceeded the figures recorded by the second-largest producer, South Africa, fivefold. Ireland ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of transporter cranes, gantry cranes and bridge cranes to Ecuador?

In value terms, Japan constituted the largest supplier of transporter and bridge cranes to Ecuador, comprising 95% of total imports. The second position in the ranking was occupied by Spain, with a 2.6% share of total imports.

What are the leading importers of transporter cranes, gantry cranes and bridge cranes from Ecuador?

In value terms, Colombia remains the key foreign market for transporter and bridge cranes exports from Ecuador, comprising 66% of total exports. The second position in the ranking was occupied by Panama, with a 31% share of total exports.

What is the average export price for transporter cranes, gantry cranes and bridge cranes in Ecuador?

In 2021, the average transporter and bridge cranes export price amounted to $1,165 per unit, rising by 4.2% against the previous year.

What is the average import price for transporter cranes, gantry cranes and bridge cranes in Ecuador?

The average transporter and bridge cranes import price stood at $2,736 per unit in 2021, shrinking by -2.1% against the previous year.

This report provides an in-depth analysis of the market for transporter and bridge cranes in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023