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

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

In 2021, the Israeli transporter and bridge cranes market decreased by -6.3% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Transporter and bridge cranes consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

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

In value terms, transporter and bridge cranes production dropped to $X in 2021 estimated in export price. Over the period under review, production recorded a pronounced downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 324% against the previous year. Transporter and bridge cranes production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Israel

In 2021, overseas shipments of transporter cranes, gantry cranes and bridge cranes were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a sharp curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 5,925%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, transporter and bridge cranes exports surged to $X in 2021. Over the period under review, exports, however, faced a sharp setback. The pace of growth appeared the most rapid in 2018 when exports increased by 5,943%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Cyprus (X units) was the main destination for transporter and bridge cranes exports from Israel, with a 86% share of total exports. Moreover, transporter and bridge cranes exports to Cyprus exceeded the volume sent to the second major destination, India (X units), more than tenfold. Croatia (X units) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cyprus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-19.6% per year) and Croatia (0.0% per year).

In value terms, Cyprus ($X) emerged as the key foreign market for transporter cranes, gantry cranes and bridge cranes exports from Israel, comprising 86% of total exports. The second position in the ranking was held by India ($X), with a 7.5% share of total exports. It was followed by Croatia, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cyprus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-18.1% per year) and Croatia (0.0% per year).

Export Prices by Country

The average transporter and bridge cranes export price stood at $X per unit in 2021, increasing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2015 an increase of 26%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Spain ($X per unit) and India ($X per unit), while the average price for exports to Croatia ($X per unit) and Cyprus ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+25.6%), 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 Israel

Transporter and bridge cranes imports into Israel surged to X units in 2021, picking up by 68% against 2020 figures. Over the period under review, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 705% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, transporter and bridge cranes imports soared to $X in 2021. Overall, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 674%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of transporter and bridge cranes to Israel, with a 70% share of total imports. Moreover, transporter and bridge cranes imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The third position in this ranking was held by the United States (X units), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +68.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+65.6% per year) and the United States (-53.0% per year).

In value terms, Germany ($X) constituted the largest supplier of transporter cranes, gantry cranes and bridge cranes to Israel, comprising 70% of total imports. The second position in the ranking was held by Turkey ($X), with a 25% share of total imports. It was followed by the United States, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +69.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+62.4% per year) and the United States (-51.8% per year).

Import Prices by Country

The average transporter and bridge cranes import price stood at $X per unit in 2021, which is down by -17.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 21% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per unit) and the United States ($X per unit), while the price for Germany ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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