In 2021, the Ghanaian haulage and
overhead crane market finally rose to $X after two years of decline. Overall, consumption showed a moderate growth trend. As a result, consumption reaches a peak level of X dollars. From 2019 to 2021, the growth of the market failed to regain momentum.
Ghana bridge crane and gantry crane export scale
After six years of decline, overseas shipments of haulage cranes,
gantry cranes and overhead cranes increased by X% to X units in 2021. However, during the period under review, exports experienced a severe decline. The most significant growth rate occurred in 2014, which was an X% increase compared to the previous year. As a result, exports peaked at X units. Export growth failed to regain momentum between 2015 and 2021.
Exports of transport and overhead cranes soar to $X in value terms in 2021. But overall, exports have fallen sharply. The growth rate was most pronounced in 2013, with exports increasing by X% year-on-year. During the period under review,
3 ton gantry crane exports peaked at $X in 2014; however, from 2015 to 2021, exports have been at lower levels.
Burkina Faso (X units) was the leading destination for
Ghana’s exports of transport cranes and overhead cranes, accounting for X% of total exports. In addition, more than four times the number of transport and overhead cranes exported to Burkina Faso was exported to Nigeria (X units), the second major destination.
From 2012 to 2021, the average annual growth rate of exports to Burkina Faso is -X%.
In value terms, Burkina Faso (USD X) remains the leading foreign market for Ghanaian haulage and overhead crane exports, accounting for X% of total exports. In second place is Nigeria ($X) with X% of total exports.
From 2012 to 2021, the value to Burkina Faso will grow at an average annual rate of -X%.
Ghana bridge crane and gantry crane import scale
In 2021, overseas purchases of transport cranes, gantry cranes and overhead cranes increased by X% to X units for the first time since 2018, ending a two-year downward trend. Overall, imports showed a significant growth trend. The rate of growth was most pronounced in 2018, with an X% increase over the previous year. As a result, imports peaked at X units. Import growth will remain low in 2019-2021.
Imports of transport cranes and overhead cranes soar to $X by value in 2021. Overall, imports have increased significantly. The fastest growth was recorded in 2018, with imports increasing by X% year-on-year. As a result, imports peaked at X dollars. Import growth will remain low in 2019-2021.
In 2021, China (X units) is the main supplier of transport cranes and overhead cranes in Ghana, accounting for X% of total imports. In addition, the number of transport cranes and overhead cranes imported from China was more than ten times higher than that recorded by the second largest supplier, Japan (X units).
From 2012 to 2021, the average annual growth rate of Chinese exports totals +X%.
China (USD X) is the largest supplier of transport and overhead cranes to Ghana by value, accounting for X% of total imports. In second place is Japan ($X) with X% of total imports.
From 2012 to 2021, the average annual growth rate of value from China reaches +X%.
Statistics of various crane suppliers in Ghana
China is Ghana’s largest supplier of transport and overhead cranes by value, accounting for 95% of total imports. In second place was Japan, which accounted for 2.8% of total imports.
In value terms, Burkina Faso remains the leading foreign market for Ghana’s haulage and overhead crane exports, accounting for 95% of total exports. In second place is Nigeria, which accounted for 4.9% of total exports.
In 2021, the average export price of transport cranes and overhead cranes will be $1,629 per unit, down -9.5% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be USD 2,109 per unit, a decrease of -29.9% from the previous year.
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Ghana Overhead and Gantry Cranes Market Study 2022