Malta: Crane Lorry Market 2020

Crane Lorry Market Size in Malta

The revenue of the crane lorry market in Malta amounted to $X in 2018, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a mild increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, crane lorry consumption increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2009 when the market value increased by X% year-to-year. In that year, the crane lorry market reached its peak level of $X. From 2010 to 2018, the growth of the crane lorry market remained at a lower figure.

Crane Lorry Exports

Exports from Malta

In 2018, the amount of crane lorries exported from Malta stood at X units, remaining stable against the previous year. Over the period under review, crane lorry exports continue to indicate a relatively flat trend pattern. Over the period under review, crane lorry exports reached their peak figure at X units in 2007; afterwards, it flattened through to 2018.

In value terms, crane lorry exports stood at $X in 2018. Overall, crane lorry exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Malta exports peaked at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

Luxembourg (X units) and Namibia (X units) prevails in crane lorry exports structure, together comprising X% of total exports. Uganda (X units) ranks next in terms of the total exports with a X% share, followed by Jamaica (X%). Germany (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Namibia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest crane lorry supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Luxembourg ($X), with a X% share of global exports. It was followed by Namibia, with a X% share.

In Germany, crane lorry exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Luxembourg (-X% per year) and Namibia (+X% per year).

Export Prices by Country

In 2018, the crane lorry export price in Malta amounted to $X per unit, increasing by X% against the previous year. Overall, the crane lorry export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, the export prices for crane lorries reached their maximum at $X per unit in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Jamaica ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the export price figures.

Crane Lorry Imports

Imports into Malta

In 2018, approx. X units of crane lorries were imported into Malta; surging by X% against the previous year. In general, crane lorry imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, crane lorry imports attained their peak figure at X units in 2009; afterwards, it flattened through to 2018.

In value terms, crane lorry imports totaled $X in 2018. In general, crane lorry imports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Malta imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

Belgium was the largest importer of crane lorries in the world, with the volume of imports accounting for X units, which was approx. X% of total imports in 2018. It was distantly followed by Saint Lucia (X units), comprising a X% share of total imports.

Imports into Belgium increased at an average annual rate of +X% from 2007 to 2018. At the same time, Saint Lucia (+X%) displayed positive paces of growth. Moreover, Saint Lucia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Belgium (+X p.p.) and Saint Lucia (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported crane lorries into Malta, comprising X% of global imports. The second position in the ranking was occupied by Saint Lucia ($X), with a X% share of global imports.

From 2007 to 2018, the average annual rate of growth in terms of value in Belgium amounted to -X%. In the other countries, the average annual rates were as follows: Saint Lucia (+X% per year) and Malta (-X% per year).

Import Prices by Country

In 2018, the crane lorry import price in Malta amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the crane lorry import price continues to indicate an abrupt decline. The growth pace was the most rapid in 2016 an increase of X% year-to-year. Malta import price peaked at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per unit), while Saint Lucia stood at $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium.

Source: IndexBox Platform