Eastern Europe: Truck Crane Market 2024

Truck Crane Market Size in Eastern Europe

After two years of growth, the East European truck crane market decreased by X% to $X in 2022. Overall, consumption showed a pronounced decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Truck Crane Production in Eastern Europe

In value terms, truck crane production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Truck Crane Exports

Exports in Eastern Europe

In 2022, the amount of truck cranes exported in Eastern Europe dropped to X units, with a decrease of X% on 2021. In general, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, truck crane exports dropped markedly to $X in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Poland (X units) was the main exporter of truck cranes, making up X% of total exports. It was distantly followed by Belarus (X units), Hungary (X units) and Lithuania (X units), together comprising a X% share of total exports. Ukraine (X units), Russia (X units) and the Czech Republic (X units) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the truck cranes exports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%), Ukraine (X%) and Lithuania (X%) displayed positive paces of growth. By contrast, the Czech Republic (X%), Belarus (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Hungary, Lithuania and Ukraine increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest truck crane supplying countries in Eastern Europe were Russia ($X), Poland ($X) and Belarus ($X), with a combined X% share of total exports. Lithuania, Hungary, Ukraine and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. In general, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Truck Crane Imports

Imports in Eastern Europe

In 2022, after five years of growth, there was significant decline in purchases abroad of truck cranes, when their volume decreased by X% to X units. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, truck crane imports declined to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Russia was the largest importer of truck cranes in Eastern Europe, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Poland (X units) held the second position in the ranking, distantly followed by Hungary (X units), Ukraine (X units) and Romania (X units). All these countries together took approx. X% share of total imports. The following importers - the Czech Republic (X units) and Bulgaria (X units) - together made up X% of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%), Poland (X%), the Czech Republic (X%), Romania (X%), Ukraine (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland (X p.p.), Hungary (X p.p.), Romania (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest truck crane importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Romania, Ukraine, Hungary and Bulgaria lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Hungary ($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 Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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