In 2021, the
UK haulage cranes and
overhead cranes market rapidly declined to $X, down -X% from the previous year. Overall, however, consumption continued to show a relatively flat trend pattern. During the period under review, the market peaked at $X in 2016; however, from 2017 to 2021, consumption was at a lower level.
In terms of value, the production of transport cranes and overhead cranes is estimated to have declined slightly to $X in 2021 at export prices. During the period under review, however, production exhibited a relatively flat trend pattern. The growth rate was most pronounced in 2015, with production increasing by X% over the previous year. As a result, production peaked at X dollars. Production growth failed to regain momentum from 2016 to 2021.
UK bridge crane and gantry crane export scale
In 2021, approximately X haulage cranes,
gantry cranes and overhead cranes were exported from the UK; -X% less than the previous year. During the review period, exports faced a sudden reduction. 2019 saw the fastest growth, with exports up X% year-on-year. Exports peaked at X units in 2012; however, from 2013 to 2021, exports failed to regain momentum.
In value terms, the export of transport cranes and overhead cranes dropped significantly to $X in 2021. Overall, there was a sudden drop in exports. The growth rate was most pronounced in 2020, with an X% increase over the previous year. Exports peaked at $X in 2013; however, from 2014 to 2021, exports have remained low.
The Netherlands (X units), Germany (X units) and Ireland (X units) were the main destinations for UK haulage and overhead crane exports, together accounting for X% of total exports. This is followed by the United States, Kazakhstan, Egypt and Thailand, which further increased shipments by a factor of X from 2012 to 2021, with the largest increase being Thailand (+X%), while the other leading countries’ Shipments grew at a more modest pace. In terms of value, the largest markets for haulage and overhead crane exports from the UK were the US ($X), the Netherlands ($X) and Germany ($X), which accounted for X% of total exports . This is followed by Ireland, Kazakhstan, Egypt and Thailand, which together account for X of the top destination countries, with Kazakhstan registering a CAGR of +X% and the highest growth rate in export value, outpacing other countries during the review period. The leader’s shipment growth rate was more modest.
Import scale of bridge cranes and gantry cranes in the UK
UK imports of transport and overhead cranes contract significantly to X units in 2021, down -X% from the previous year’s figure. Overall, imports fell sharply. The fastest growth in 2020, with imports increasing by X% year-on-year. Imports peaked at X units in 2016; however, imports remain low from 2017 to 2021.
In terms of value, imports of haulage cranes and overhead cranes fell sharply to $X in 2021. Overall, imports continue to show serious setbacks. The growth rate was most pronounced in 2020, with an X% year-on-year increase. Imports peaked at $X in 2016; however, imports declined slightly from 2017 to 2021.
In 2021, China (X units) was the UK’s largest supplier of transport and overhead cranes, accounting for X% of total imports. In addition, transport cranes and overhead cranes imported from China were four times higher than the numbers recorded by the second largest supplier, Japan (X units).
From 2012 to 2021, the average annual growth rate of sales from China is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Japan (-X% per annum) and the United States (-X% per annum).
China (USD X) is the UK’s largest supplier of transport and overhead cranes by value, accounting for X% of total imports. In second place is Japan ($X) with X% of total imports.
From 2012 to 2021, the average annual growth rate of value from China reaches +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Japan (-X% per annum) and the United States (-X% per annum).
Statistics of various crane suppliers in UK
China is the UK’s largest supplier of transport and overhead cranes by value, accounting for 73% of total imports. In second place is Japan, which accounts for 15% of total imports.
In terms of value, the largest markets for haulage and overhead crane exports from the UK were the US, the Netherlands and Germany, which accounted for 62% of total exports. Ireland, Kazakhstan, Egypt and Thailand are slightly behind, with a combined 18%.
In 2021, the average export price of transport cranes and overhead cranes will be USD 3,398 each, a decrease of -15.5% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be $3,792 per unit, an increase of 84% from the previous year.
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UK Overhead and Gantry Cranes Market Study 2022