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

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

In 2021, the Turkish transporter and bridge cranes market decreased by -92% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption recorded a abrupt shrinkage. Transporter and bridge cranes consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, transporter and bridge cranes production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed resilient growth. Transporter and bridge cranes production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Turkey

Transporter and bridge cranes exports from Turkey soared to X units in 2021, rising by 31% compared with the previous year. In general, exports continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2019 with an increase of 112% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, transporter and bridge cranes exports skyrocketed to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 88% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units), Egypt (X units) and Russia (X units) were the main destinations of transporter and bridge cranes exports from Turkey, with a combined 36% share of total exports. These countries were followed by Uzbekistan, Iran, Pakistan, Israel, Iraq, Qatar, Nigeria, Algeria, Azerbaijan and Romania, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +103.9%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Russia ($X) and Egypt ($X) constituted the largest markets for transporter and bridge cranes exported from Turkey worldwide, together accounting for 43% of total exports. These countries were followed by Pakistan, Uzbekistan, Iran, Israel, Qatar, Iraq, Algeria, Azerbaijan, Nigeria and Romania, which together accounted for a further 35%.

Among the main countries of destination, Nigeria, with a CAGR of +75.8%, recorded the highest rates of growth with regard to the value of exports, 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, declining by -4.3% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 14%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Romania ($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 Israel (+4.9%), 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 Turkey

In 2021, the amount of transporter cranes, gantry cranes and bridge cranes imported into Turkey skyrocketed to X units, with an increase of 496% compared with the previous year's figure. Overall, imports recorded a buoyant increase. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, transporter and bridge cranes imports surged to $X in 2021. Over the period under review, imports saw a modest expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 465%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Japan (X units) and Germany (X units) were the main suppliers of transporter and bridge cranes imports to Turkey, with a combined 97% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +8.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest transporter and bridge cranes suppliers to Turkey were China ($X), Japan ($X) and Germany ($X), with a combined 91% share of total imports.

China, with a CAGR of +2.8%, 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 a decline.

Import Prices by Country

In 2021, the average transporter and bridge cranes import price amounted to $X per unit, declining by -56.2% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2020 an increase of 103%. As a result, import price attained the peak level of $X per unit, and then declined sharply in the following year.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+46.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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