Tunisia: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Tunisia

The Tunisian overhead travelling crane market expanded modestly to $X in 2022, surging by 4.8% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Overhead Travelling Crane Production in Tunisia

In value terms, overhead travelling crane production totaled $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. Overhead travelling crane production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Overhead Travelling Crane Exports

Exports from Tunisia

Overhead travelling crane exports from Tunisia shrank remarkably to less than X units in 2022, waning by 99.9% compared with 2021. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 600% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, overhead travelling crane exports fell significantly to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of 263%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) and the Netherlands (X units) were the main destinations of overhead travelling crane exports from Tunisia.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of 0.0%).

In value terms, Algeria ($X) remains the key foreign market for overhead travelling cranes on fixed support exports from Tunisia, comprising 76% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 14% share of total exports. It was followed by Libya, with a 7.6% share.

From 2013 to 2021, the average annual rate of growth in terms of value to Algeria stood at -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Libya (-39.5% per year).

Export Prices by Country

The average overhead travelling crane export price stood at $X per unit in 2022, increasing by 894% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per unit), while the average price for exports to Libya stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+5.4%).

Overhead Travelling Crane Imports

Imports into Tunisia

In 2022, imports of overhead travelling cranes on fixed support into Tunisia shrank to X units, reducing by -7.7% on 2021 figures. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 257% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, overhead travelling crane imports declined dramatically to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 286% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest overhead travelling crane supplier to Tunisia, with a 67% share of total imports. Moreover, overhead travelling crane imports from Italy exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The third position in this ranking was taken by the United States (X units), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.0% per year) and the United States (-10.4% per year).

In value terms, the United States ($X), Italy ($X) and Spain ($X) were the largest overhead travelling crane suppliers to Tunisia, with a combined 60% share of total imports.

Spain, with a CAGR of +29.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average overhead travelling crane import price stood at $X per unit in 2022, waning by -9.2% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, overhead travelling crane import price decreased by -24.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 61%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform