In 2021, the Belgian haulage and overhead crane market finally rose to X dollars after two years of decline. Overall, consumption has grown significantly. As a result, consumption reaches a peak level of X dollars. From 2017 to 2021, the growth of the market failed to regain momentum.

In value terms, the production of transport cranes and overhead cranes in 2021 is estimated at X USD at export prices. During the period under review, however, production exhibited a relatively flat trend pattern. The growth rate was most significant in 2013, with production increasing by X% over the previous year. As a result, production reached a peak level of X dollars. From 2014 to 2021, production growth will remain at a low level.

Belgian bridge crane and gantry crane export scale
In 2021, Belgium’s export of transport and overhead cranes surged to X units, an increase of X% year-on-year. Overall, exports rose slightly. 2019 appears to have seen the fastest growth, with an X% increase over the previous year. During the period under review, the export volume reached a maximum of X units in 2017; however, from 2018 to 2021, the export volume was slightly lower.

Exports of transport and overhead cranes soar to $X in value terms in 2021. Overall, exports fell sharply. The fastest growth rate in 2017, with a year-on-year increase of X%. Exports peaked at $X in 2014; however, from 2015 to 2021, exports have remained low.

Spain (X units) was the main destination for Belgian transport cranes and overhead crane exports, accounting for X% of total exports. In addition, the export of transport and overhead cranes to Spain was more than double the export to Italy (X units), the second main destination. Portugal (X units) occupies the third position in the ranking with an X% share.

From 2012 to 2021, the average annual growth rate of cargo volumes to Spain is +X%. Exports to other major destinations recorded the following average annual export growth rates: Italy (+X% per annum) and Portugal (+X% per annum).

In terms of value, the largest markets for transport and overhead cranes exported from Belgium are the United States ($X), Gabon ($X), and France ($X), with an X% share of total exports. In terms of major destination countries, Gabon registered a CAGR of +X%, with the highest export value growth during the period under review, while the other leading countries recorded more moderate growth in shipments.

Belgium bridge crane and gantry crane import scale
In 2021, the number of transport cranes, gantry cranes and overhead cranes imported by Belgium jumped to X units, an increase of X% compared to 2020. Overall, imports rose slightly. 2016 saw the fastest growth, with 3 ton gantry crane imports increasing by X% year-on-year. As a result, imports peaked at X units. Import growth will remain low between 2017 and 2021.

Imports of transport cranes and overhead cranes soar to $X in 2021 by value. Overall, there was a sudden drop in imports. The fastest growth was recorded in 2018, with imports increasing by X% year-on-year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In 2021, Germany (X units) is the largest supplier of transport and overhead cranes in Belgium, 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, Austria (X units). The Czech Republic (X units) ranks third with X% of total imports.

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

By value, Austria ($X), Germany ($X) and the United States ($X) are the largest suppliers of transport and overhead cranes in Belgium, accounting for X% of total imports. With a CAGR of +X%, Austria saw the highest growth in import value among the major suppliers during the period under review, while other leaders saw more modest growth in purchases.

Statistics of various crane suppliers in Belgium
Austria, Germany and the United States are Belgium’s largest suppliers of transport and overhead cranes by value, together accounting for 93% of total imports.

In terms of value, the US, Gabon and France appear to be the largest markets for Belgium’s haulage and overhead crane exports globally, together accounting for 46% of total exports.

In 2021, the average export price of transport and overhead cranes will be $766 per unit, up 24% from the previous year.

In 2021, the average import price of transport cranes and overhead cranes will be $2,503 per unit, an increase of 12% from the previous year.

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Belgium Overhead Cranes and Gantry Cranes Market Study 2022