Southern Asia: Tower And Portal Cranes Market 2020

Tower And Portal Cranes Market Size in Southern Asia

The revenue of the tower and portal cranes market in Southern Asia amounted to $X in 2017, jumping by X% against the previous year. The tower and portal cranes consumption continues to indicate a skyrocketing growth. The growth pace was the most rapid in 2009, with an increase of X% y-o-y. The level of tower and portal cranes consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Tower And Portal Cranes Production in Southern Asia

In 2017, approx. X units of tower cranes and portal or pedestal jib cranes were produced in Southern Asia; surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2011, when the output figure increased by X% year-to-year. The volume of tower and portal cranes production peaked in 2017, and is likely to continue its growth in the immediate term.

Tower And Portal Cranes Exports in Southern Asia

In 2017, approx. X units of tower cranes and portal or pedestal jib cranes were exported in Southern Asia; picking up by X% against the previous year. The tower and portal cranes exports continue to indicate a deep decline. The pace of growth was the most pronounced in 2017, when exports increased by X% y-o-y. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, tower and portal cranes exports stood at $X in 2017. The tower and portal cranes exports continue to indicate an abrupt descent. Over the period under review, the tower and portal cranes exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Tower And Portal Cranes Exports by Country in Southern Asia

India prevails in tower and portal cranes exports structure, reaching X units, which was approx. X% of total exports in 2017. Sri Lanka (X units) ranks second in terms of the global exports with a X% share, followed by Bangladesh (X%) and Maldives (X%). Pakistan (X units) held the slight share of total exports.

Exports from India decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Sri Lanka (+X%) and Maldives (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. Pakistan experienced a relatively flat trend pattern. By contrast, Bangladesh (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India and Bangladesh increased by X% and X% percentage points, while Maldives (-X%) and Sri Lanka (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest tower and portal cranes supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global exports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled -X%. In the other countries, the average annual rates were as follows: Bangladesh (-X% per year) and Sri Lanka (+X% per year).

Tower And Portal Cranes Export Prices by Country in Southern Asia

The tower and portal cranes export price in Southern Asia stood at $X thousand per unit in 2017, dropping by -X% against the previous year. The export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tower and portal cranes export price increased by +X% against 2013 indices. The growth pace was the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the export prices for tower cranes and portal or pedestal jib cranes reached its maximum level of $X thousand per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Bangladesh ($X thousand per unit), while Maldives ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Tower And Portal Cranes Imports in Southern Asia

The imports amounted to X units in 2017, lowering by -X% against the previous year. The tower and portal cranes imports continue to indicate a deep decline. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, tower and portal cranes imports stood at $X in 2017. The tower and portal cranes imports continue to indicate a deep setback. In that year, the tower and portal cranes imports reached their peak level of $X. From 2009 to 2017, growth of the tower and portal cranes imports failed to regain its momentum.

Tower And Portal Cranes Imports by Country in Southern Asia

In 2017, Pakistan (X units) represented the key importer for tower cranes and portal or pedestal jib cranes, generating X% of total imports. It was distantly followed by India (X units) and Bangladesh (X units), together constituting X% share of total imports. The following importers - Bhutan (X units), Sri Lanka (X units) and Maldives (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bhutan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest tower and portal cranes markets worldwide were India ($X), Pakistan ($X) and Bangladesh ($X), with a combined X% share of total imports. Sri Lanka, Maldives and Bhutan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Maldives (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Tower And Portal Cranes Import Prices by Country in Southern Asia

In 2017, the tower and portal cranes import price in Southern Asia amounted to $X thousand per unit, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Sri Lanka ($X thousand per unit), while Bhutan ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform