Europe: Truck Crane Market 2024

Truck Crane Market Size in Europe

After five years of growth, the Europe truck crane market decreased by X% to $X in 2022. Overall, consumption recorded a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Truck Crane Production in Europe

In value terms, truck crane production shrank to $X in 2022 estimated in export price. Overall, production recorded a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Truck Crane Exports

Exports in Europe

Truck crane exports amounted to X units in 2022, remaining relatively unchanged against the previous year's figure. Over the period under review, exports, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, truck crane exports expanded significantly to $X in 2022. Overall, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Germany (X units) represented the major exporter of truck cranes, achieving X% of total exports. It was distantly followed by the Netherlands (X units), committing a X% share of total exports. The following exporters - the UK (X units), Belgium (X units), France (X units) and Poland (X units) - together made up X% of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of truck cranes. At the same time, Poland (X%), the UK (X%), France (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Netherlands and the UK increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest truck crane supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

In Germany, truck crane exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Truck Crane Imports

Imports in Europe

In 2022, approx. X units of truck cranes were imported in Europe; waning by X% on the previous year. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, truck crane imports rose markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Netherlands (X units) was the major importer of truck cranes, making up X% of total imports. Russia (X units) took the second position in the ranking, followed by Germany (X units), France (X units) and Italy (X units). All these countries together took approx. X% share of total imports. Poland (X units), the UK (X units), Spain (X units), Sweden (X units), Ireland (X units), Greece (X units), Belgium (X units) and Austria (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to truck crane imports into the Netherlands stood at X%. At the same time, Greece (X%), Ireland (X%), Austria (X%), Poland (X%), Italy (X%), Spain (X%), France (X%), Sweden (X%) and Germany (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. The UK experienced a relatively flat trend pattern. By contrast, Russia (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Italy (X p.p.), Poland (X p.p.), Greece (X p.p.) and Ireland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest truck crane importing markets in Europe were the Netherlands ($X), the UK ($X) and France ($X), with a combined X% share of total imports. Russia, Spain, Italy, Poland, Germany, Sweden, Belgium, Austria, Ireland and Greece lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Greece, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Europe stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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