In 2021, after a two-year decline, the Venezuelan haulage and overhead crane market saw growth, increasing its value by X% to X dollars. Overall, consumption has contracted sharply. As a result, spending reached the highest level of X dollars. From 2017 to 2021, the market growth rate will remain at a low level.

Venezuela Overhead Crane and Gantry Crane Import Scale
In 2021, China (X units) will become Venezuela’s largest supplier of transport cranes and overhead cranes, about 1,000 tons. X% of total imports.

From 2012 to 2021, the average annual growth rate of Chinese exports is -X%.

China ($X) is Venezuela’s largest supplier of transport and overhead cranes by value. From 2012 to 2021, the average annual growth rate of value from China reaches -X%.

In 2021, the average import price of transport cranes and overhead cranes will be X dollars per unit, an increase of X% from the previous year. In general, import prices showed an elastic expansion trend. The most significant growth rate was in 2016, with an X% year-over-year increase. Import prices peaked in 2021 and may gradually increase over the next few years. Since there is only one major supplier country, the average price level is determined by Chinese prices. From 2012 to 2021, the price growth rate in China reaches +X% per year.

Statistics of various crane suppliers in Venezuela
China is Venezuela’s largest supplier of transport and overhead cranes by value.

In 2021, the average import price of transport cranes and overhead cranes will be $17,194 per unit, up 3.3% from the previous year.

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Venezuela Overhead and Gantry Cranes Market Study 2022