In 2021, after three years of decline, the Pakistani Transport and
Overhead Cranes market has experienced significant growth, increasing its value by X% to X dollars. Overall, consumption has grown significantly. During the period under review, the market hit an all-time high of $X in 2017; however, from 2018 to 2021, consumption was at a lower level.
Export Scale of Overhead Cranes and Gantry Cranes in Pakistan
Overseas shipments of haulage cranes,
gantry cranes and overhead cranes increased by X% to X units in 2021, the fifth consecutive year of growth after three years of decline. During the period under review, exports recorded resilient growth. In 2013, the growth rate was the fastest, with exports increasing by X% year-on-year. As a result, exports peaked at X units. From 2014 to 2021, export growth will remain at a low level.
In value terms, haulage and overhead crane exports contracted slightly to $X in 2021. Overall, exports have grown substantially. The fastest growth rate in 2013, an increase of X% year-on-year. As a result, exports peaked at X dollars. From 2014 to 2021, export growth will remain at a low level.
Tanzania (X units) and Germany (X units) are the main destinations for Pakistani transport cranes and overhead crane exports. From 2012 to 2021, the largest increase is Germany (+X value,
Germany ($X), which remains the main foreign market for Pakistani transport cranes and overhead crane exports, accounting for X% of total exports. Ranked 2nd position is occupied by Tanzania ($X), which accounts for X% of total exports.
From 2012 to 2021, the average annual growth rate of the value to Germany is +X%.
In 2021, the average export price of transport cranes and overhead cranes is X USD per unit, which is -X% lower than the previous year. But overall, export prices rose significantly. The fastest growth rate in 2016, an increase of X% year-on-year. During the period under review, average export prices peaked at $X per unit in 2020 before contracting the following year. Prices vary widely in destination countries: the highest priced country is Germany ($X per unit), while exports to Tanzania average $X per unit. Supply to Tanzania recorded the most significant price growth (+X%) from 2012 to 2021.
Import Scale of Overhead Cranes and Gantry Cranes in Pakistan
In 2021,
Pakistan’s imports of transport and overhead cranes decreased significantly to X units, a -X% decrease compared to 2020 figures. During the period under review, imports declined significantly. The rate of growth was most pronounced in 2015, when imports increased by X% year-on-year. During the period under review, imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at low levels.
Imports of transport and overhead cranes fell sharply to $X in 2021 in value terms. Overall, imports face a sharp decline. The most significant growth rate occurred in 2015, when imports increased by X% year-on-year. During the period under review, imports hit an all-time high of $X in 2017; however, from 2018 to 2021, imports remain at lower levels.
In 2021, the United Arab Emirates (X units) is the main supplier of transport cranes and overhead cranes to Pakistan, accounting for about X% of total imports.
From 2012 to 2021, the average annual growth rate in the United Arab Emirates is -X%.
The United Arab Emirates ($X) is the largest supplier of transport and overhead cranes to Pakistan by value. From 2012 to 2021, the average annual value growth rate from the United Arab Emirates is -X%.
Statistics of various crane suppliers in Pakistan
The United Arab Emirates is Pakistan’s largest supplier of transport and overhead cranes by value.
In terms of value, Germany remains the main foreign market for Pakistan’s transport and overhead crane exports, accounting for 77% of total exports. In second place is Tanzania, which accounted for 22% of total exports.
In 2021, the average export price of transport cranes and overhead cranes will be USD 31,309 per unit, a decrease of -9.3% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be $38,920 per unit, an increase of 95% from the previous year.
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Pakistan Overhead Cranes and Gantry Cranes Market Study 2022