The revenue of the crane market in Malta in 2018 was X USD, unchanged compared to the previous year. Overall, crane consumption continued to show a slight decline. The most significant growth rate occurred in 2008, when the market value increased by X% year-on-year. Consumption of cranes in Malta peaked at $X in 2009; however, from 2010 to 2018, consumption has remained low.
In value terms, 2018 crane production is estimated at X USD at export prices. Overall, crane production continues to show deep contractions. In 2008, the growth rate was the fastest, with an increase of X% year-on-year. In that year, crane production reached its highest level of X dollars. From 2009 to 2018, crane production growth remained low.
Malta crane export scale
In 2018, Malta exported X units of cranes, mobile crane frames, about the same as the previous year. During the period under review, crane exports continued to decline significantly. In 2010, the growth rate was the fastest, with exports increasing by X% year-on-year. Malta’s exports peaked at X units in 2007; however, from 2008 to 2018, the export figures were slightly lower.
Crane exports in 2018 were X dollars in value. Overall, crane exports continued to show strong growth. The most significant growth rate occurred in 2012, with an X% year-on-year increase. Exports from Malta peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain momentum.
The countries with the highest crane exports in 2018 were Sierra Leone (X units), Saint Vincent and the Grenadines (X units), Italy (X units), China (X units) and Uganda (X units), which together reached X as a share of total exports percentage. Madagascar (X units) accounted for X% of total exports (in tons), ranking second, followed by Austria (X%). Japan (X units), Germany (X units), the United States (X units) and Poland (X units) are well behind the leaders.
From 2007 to 2018, among the major exporters, the most significant export growth rate was Sierra Leone (+X% per annum), while other leaders saw more modest growth rates.
The largest crane markets in Malta by value are China ($X),
Germany ($X) and
Italy ($X), with an X% share of total exports.
Japan, Austria, Poland, the
United States, Malta, Uganda, Sierra Leone, Saint Vincent and the Grenadines and Madagascar are slightly behind, and X Vincent and the Grenadines has the highest export growth rate in terms of major exports in the past 11 Growth in other countries was more moderate during the period.
Malta crane import scale
In 2018, Malta imported X cranes, a year-on-year increase of X%. Crane imports continued to show strong expansion during the period under review. The most significant growth rate occurred in 2017, when imports increased by X% year-on-year. Imports to Malta peaked in 2018 and will likely continue to grow in the near future.
Crane imports in 2018 were $X by value. Overall, crane imports continued to show a moderate growth trend. The growth rate was most notable in 2014, when imports increased by X% over the previous year. During the period under review, crane imports peaked at $10 in 2009; however, from 2010 to 2018, imports remained at lower levels.
In 2018, the United Arab Emirates (X units) was the leading importer of cranes, mobile crane frames, accounting for X% of total imports. Luxembourg (X units) came in second, followed by Qatar (X units), free zones (X units) and Ethiopia (X units). All of these countries together account for nearly X% of total imports. Saudi Arabia (unit X), Trinidad and Tobago (unit X), the Lao People’s Democratic Republic (unit X) and Iraq (unit X) accounted for only a small portion of total imports.
From 2007 to 2018, the average annual growth rate of crane imports to the United Arab Emirates was +X%. Meanwhile, Luxembourg (+X%), Ethiopia (+X%), Lao People’s Democratic Republic (+X%), Trinidad and Tobago (+X%), Qatar (+X%), Saudi Arabia (+X%) +X %), Iraq (+X%) and Free Zones (+X%) showed positive growth. In addition, Luxembourg became the fastest growing importer in the world with a CAGR of +X% from 2007-2018. United Arab Emirates (+X pp), Luxembourg (+X pp), Qatar (+X pp), Ethiopia (+X pp), Free Zone (+X pp), Saudi Arabia (+X pp), Trinidad And Tobago (+X pp) and the Lao People’s Democratic Republic (+X pp) have significantly strengthened their positions in global imports, while other countries’ shares have remained relatively stable throughout the analysis period.
The United Arab Emirates ($X) is Malta’s largest importer of cranes, mobile crane frames by value, accounting for X% of global imports. In second place is Saudi Arabia ($X) with X% of global imports. It is followed by Qatar with an X% share. From 2007 to 2018, the average annual value growth in the United Arab Emirates was -X%. In other countries, the average APR is as follows: Saudi Arabia (-X% per annum) and Qatar (-X% per annum).
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Malta Crane Market Study 2020