Saudi Arabia: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2025

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Saudi Arabia

The Saudi transporter and bridge cranes market rose markedly to $X in 2021, growing by 13% against the previous year. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +20.1% against 2019 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Saudi Arabia

In value terms, transporter and bridge cranes production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 21%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Saudi Arabia

In 2021, shipments abroad of transporter cranes, gantry cranes and bridge cranes decreased by -83.1% to X units, falling for the fifth consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2016 when exports increased by 94% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, transporter and bridge cranes exports plummeted to $X in 2021. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 75%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units), the United Arab Emirates (X units) and the United States (X units) were the main destinations of transporter and bridge cranes exports from Saudi Arabia, together accounting for 0.1% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +28.8%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Canada ($X) and Egypt ($X) constituted the largest markets for transporter and bridge cranes exported from Saudi Arabia worldwide, together accounting for 65% of total exports. These countries were followed by the United States, the United Arab Emirates, Bahrain, Kuwait and Oman, which together accounted for a further 33%.

The United Arab Emirates, with a CAGR of +39.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average transporter and bridge cranes export price stood at $X per unit in 2021, reducing by -6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+9.9%), 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 Saudi Arabia

In 2021, the amount of transporter cranes, gantry cranes and bridge cranes imported into Saudi Arabia was estimated at less than X units, stabilizing at 2020 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, transporter and bridge cranes imports skyrocketed to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 588%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), Turkey (X units) and Italy (X units) were the main suppliers of transporter and bridge cranes imports to Saudi Arabia, together accounting for 43% of total imports. These countries were followed by France, China, Vietnam and Slovenia, which together accounted for a further 57%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transporter and bridge cranes suppliers to Saudi Arabia were the United States ($X), Turkey ($X) and Italy ($X), with a combined 73% share of total imports.

Italy, with a CAGR of +19.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average transporter and bridge cranes import price amounted to less than $X per thousand units, therefore, remained relatively stable against the previous year. Overall, the import price saw a relatively flat trend pattern.

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 Slovenia ($X per thousand units), while the price for France ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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