United Kingdom: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in the UK

The UK mobile lifting frame market dropped notably to $X in 2021, waning by -33.8% against the previous year. Over the period under review, consumption continues to indicate a deep contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Mobile Lifting Frame Production in the UK

In value terms, mobile lifting frame production declined rapidly to $X in 2021 estimated in export price. In general, production saw a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of 78% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Mobile Lifting Frame Exports

Exports from the UK

In 2021, shipments abroad of mobile lifting frames on tyres and straddle carriers was finally on the rise to reach X units after two years of decline. Overall, exports, however, saw a deep contraction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mobile lifting frame exports soared to $X in 2021. In general, exports posted a tangible expansion. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), Egypt (X units) and Georgia (X units) were the main destinations of mobile lifting frame exports from the UK, with a combined 41% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +139.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the key foreign market for mobile lifting frames on tyres and straddle carriers exports from the UK, comprising 43% of total exports. The second position in the ranking was held by France ($X), with an 8.8% share of total exports. It was followed by Georgia, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Australia stood at +92.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.5% per year) and Georgia (+95.0% per year).

Export Prices by Country

The average mobile lifting frame export price stood at $X per unit in 2021, jumping by 38% against the previous year. In general, the export price saw strong growth. The pace of growth appeared the most rapid in 2014 an increase of 78% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Finland ($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 Australia (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into the UK

In 2021, mobile lifting frame imports into the UK fell significantly to X units, with a decrease of -81.1% against the previous year's figure. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 832%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mobile lifting frame imports dropped rapidly to $X in 2021. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 507%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Spain (X units) and Italy (X units) were the main suppliers of mobile lifting frame imports to the UK, together comprising 84% of total imports. These countries were followed by the United States and Germany, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +47.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Italy ($X) appeared to be the largest mobile lifting frame suppliers to the UK, together comprising 87% of total imports.

Among the main suppliers, China, with a CAGR of +46.2%, saw the highest growth rate of the value of imports, 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 mobile lifting frame import price amounted to $X per unit, approximately equating the previous year. In general, the import price, however, showed a mild setback. The pace of growth was the most pronounced in 2015 an increase of 97% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

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 the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+46.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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