Report Update Nov 1, 2024

World - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights

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Global Truck Crane Market 2024

Truck Crane Market Size

The global truck crane market amounted to $X in 2021, surging by 11% against the previous year. Overall, consumption, however, continues to indicate a pronounced decline. Over the period under review, the global market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Truck Crane Production

In value terms, truck crane production rose rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2018 with an increase of 16% against the previous year. Over the period under review, global production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Truck Crane Exports

Exports

In 2021, approx. X units of truck cranes were exported worldwide; growing by 32% compared with 2020. Overall, exports, however, recorded a slight reduction. The global exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, truck crane exports soared to $X in 2021. In general, exports, however, recorded a noticeable decrease. Over the period under review, the global exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Germany (X units) and China (X units) were the key exporters of truck cranesacross the globe, together reaching near 69% of total exports. It was distantly followed by the Netherlands (X units), comprising an 8.6% share of total exports. The United States (X units) and Belgium (X units) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +2.7%), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest truck crane supplier worldwide, comprising 58% of global exports. The second position in the ranking was taken by China ($X), with a 16% share of global exports. It was followed by the Netherlands, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany totaled -1.1%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-4.8% per year) and the Netherlands (+1.6% per year).

Export Prices by Country

In 2021, the average truck crane export price amounted to $X per unit, with a decrease of -4.2% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 14% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the other global leaders experienced a decline in the export price figures.

Truck Crane Imports

Imports

In 2021, the amount of truck cranes imported worldwide soared to X units, with an increase of 25% on the previous year's figure. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, truck crane imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a slight downturn. Global imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units), the Netherlands (X units) and Australia (X units) was the key importer of truck cranes in the world, generating 33% of total import. Russia (X units) took a 5.1% share (based on physical terms) of total imports, which put it in second place, followed by Canada (4.5%). The United Arab Emirates (X units), Brazil (X units), South Korea (X units), Italy (X units), Myanmar (X units), the UK (X units), France (X units) and Japan (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +71.7%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest truck crane importing markets worldwide were the United States ($X), Australia ($X) and the Netherlands ($X), with a combined 24% share of global imports.

Australia, with a CAGR of +45.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average truck crane import price stood at $X per unit in 2021, almost unchanged from the previous year. In general, the import price, however, saw a pronounced slump. The growth pace was the most rapid in 2018 an increase of 1.6%. Global import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for truck cranes in the world?

The countries with the highest volumes of in 2021 were China, Poland and the United States, together accounting for 22% of global consumption.

What are the largest producers of truck cranes in the world?

The country with the largest volume of truck crane production was Germany, comprising approx. 42% of total volume. Moreover, truck crane production in Germany exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by the United States, with a 7.4% share.

What are the leading importers of truck cranes in the world?

In value terms, Australia, France and Japan constituted the countries with the highest levels of imports in 2021, together comprising 15% of global imports. Spain, Italy, South Korea, Belgium, the United Arab Emirates, Germany, Indonesia, Mexico, Austria and Greece lagged somewhat behind, together comprising a further 16%.

What is the average export price for truck cranes in the world?

In 2021, the average truck crane export price amounted to $31,301 per unit, surging by 4.2% against the previous year.

What is the average import price for truck cranes in the world?

In 2021, the average truck crane import price amounted to $43,746 per unit, picking up by 19% against the previous year.

This report provides an in-depth analysis of the global truck crane market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29105100 - Crane lorries

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023