The Finnish haulage and overhead crane market fell -X% to $X in 2021, falling for the second year in a row after two years of growth. Overall, however, consumption has expanded elastically. During the period under review, the market hit an all-time high of $X in 2019; however, from 2020 to 2021, consumption was at a lower level.

In value terms, the production of transport cranes and overhead cranes fell to an estimated $X at export prices in 2021. Overall, there was a sudden setback in production. The fastest growth rate in 2017, with a year-on-year increase of X%. Production of haul cranes and overhead cranes peaked at $X in 2012; however, from 2013 to 2021, production was at a lower level.

Finnish bridge crane and gantry crane export scale
In 2021, approximately X transport cranes, gantry cranes and overhead cranes were exported from Finland; this was a -X% decrease from the previous year’s figure. During the period under review, exports declined sharply. The rate of growth was most pronounced in 2014, with an X% year-on-year increase. As a result, exports peaked at X units. From 2015 to 2021, the export growth rate will remain at a low level.

Exports of transport and overhead cranes shrunk significantly to $X in 2021 in value terms. Overall, exports contracted sharply. The most significant growth rate occurred in 2014, with an X% year-over-year increase. As a result, exports peaked at X dollars. From 2015 to 2021, the export growth rate will remain at a low level.

Sweden (X units), the Netherlands (X units) and the United States (X units) were the main destinations for Finnish transport cranes and overhead crane exports, together accounting for X% of total exports. From 2012 to 2021, the largest increase was in the Netherlands (+X%), while the other leading players saw more modest growth in shipments.

In value terms, Sweden ($X), the Netherlands ($X) and the United States ($X) appear to be the largest markets for Finnish haulage and overhead crane exports globally, together accounting for X% of total exports. Among the major destination countries, the Netherlands registered a CAGR of +X% and had the highest export value growth rate during the period under review, while the other leading countries experienced a more moderate growth in shipments.

Import scale of bridge cranes and gantry cranes in Finland
Overseas purchases of haulage cranes, gantry cranes and overhead cranes fell -X% to X units in 2021, falling for the second year in a row after three consecutive years of growth. However, imports continued to show strong growth during the period under review. The most significant growth rate occurred in 2018, when imports increased by X% year-on-year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports were slightly lower.

Imports of transport and overhead cranes plummet to $X by value in 2021. But overall, import volumes have grown strongly. The pace of growth was most pronounced in 2018, when imports increased by X% year-on-year. During the period under review, imports hit an all-time high of $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In 2021, Germany (X units) is the largest supplier of transport and overhead cranes in Finland, accounting for X% of total imports. In addition, transport cranes and overhead cranes imported from Germany were five times higher than the figures recorded by the second largest supplier, the Netherlands (X units). In third place in this ranking is Sweden (X units) with an X% share.

From 2012 to 2021, the average annual growth rate of sales from Germany totals +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Netherlands (+X% per annum) and Sweden (+X% per annum). Germany ($X) is the largest supplier of transport and overhead cranes in Finland by value, accounting for X% of total imports. In second place is the Netherlands ($X) with X% of total imports. It is followed by Norway with an X% share.

From 2012 to 2021, the average annual value growth rate in Germany is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Netherlands (+X% per annum) and Norway (+X% per annum).

Statistics of various crane suppliers in Finland
Germany is Finland’s largest supplier of transport and overhead cranes by value, accounting for 70% of total imports. In second place is the Netherlands, with 15% of total imports. It is followed by Norway with a share of 4.6%.

By value, the largest markets for haulage and overhead crane exports from Finland are Sweden, the Netherlands and the United States, which together account for 72% of total exports.

In 2021, the average export price of transport and overhead cranes was US$5,259 per unit, up 15% from the previous year.

In 2021, the average import price of transport and overhead cranes will be $2,912 per unit, up 15% from the previous year.

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Finland Overhead Cranes and Gantry Cranes Market Study 2022