U.S.: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in the U.S.

The U.S. mobile lifting frame market declined to $X in 2021, reducing by -7.8% against the previous year. In general, consumption, however, continues to indicate a slight downturn. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Mobile Lifting Frame Production in the U.S.

In value terms, mobile lifting frame production reduced rapidly to $X in 2021. Overall, production, however, saw a pronounced descent. The growth pace was the most rapid in 2020 when the production volume increased by 47% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Mobile Lifting Frame Exports

Exports from the U.S.

Mobile lifting frame exports from the United States reduced dramatically to X units in 2021, shrinking by -54.3% against the previous year's figure. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 72%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mobile lifting frame exports declined dramatically to $X in 2021. Over the period under review, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 72% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for mobile lifting frame exports from the United States, accounting for a 33% share of total exports. Moreover, mobile lifting frame exports to Canada exceeded the volume sent to the second major destination, Singapore (X units), threefold. The United Arab Emirates (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at -18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+20.8% per year) and the United Arab Emirates (-16.8% per year).

In value terms, the largest markets for mobile lifting frame exported from the United States were Canada ($X), the Netherlands ($X) and Singapore ($X), with a combined 52% share of total exports. Luxembourg, Israel, New Zealand, the United Arab Emirates, Nicaragua, Mexico, Argentina, France, Switzerland and Belgium lagged somewhat behind, together comprising a further 28%.

Israel, with a CAGR of +68.7%, recorded the highest rates of growth with regard to 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

In 2021, the average mobile lifting frame export price amounted to $X per unit, jumping by 38% against the previous year. In general, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Belgium ($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 Luxembourg (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into the U.S.

In 2021, approx. X units of mobile lifting frames on tyres and straddle carriers were imported into the United States; increasing by 7.6% compared with 2020. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 195% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, mobile lifting frame imports reached $X in 2021. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 186% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of mobile lifting frame to the United States, accounting for a 69% share of total imports. Moreover, mobile lifting frame imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), eightfold. Italy (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from Poland totaled +174.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+45.9% per year) and Italy (+13.0% per year).

In value terms, Poland ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to the United States, comprising 71% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Ireland, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from Poland amounted to +192.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.3% per year) and Ireland (+25.0% per year).

Import Prices by Country

In 2021, the average mobile lifting frame import price amounted to $X per unit, surging by 4.1% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mobile lifting frame import price increased by +59.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 53%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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 Germany (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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