In 2021, after two years of growth, the Danish haulage cranes and overhead cranes market has experienced a significant decline, falling in value by -X% to X dollars. Overall, however, consumption showed significant growth. As a result, consumption peaked at X dollars before contracting significantly the following year.
In value terms, the production of transport cranes and overhead cranes rose significantly to $X in 2021, estimated at export prices. Overall, however, production continued to show resilient expansion. The most significant growth rate occurred in 2019, when production increased by X% year-on-year. As a result, production peaked at X dollars. From 2020 to 2021, production growth will remain at a low level.
Exports of transport cranes, gantry cranes and overhead cranes from Denmark plummeted to X units in 2021, down -X% from 2020 figures. Overall, exports fell sharply. The growth rate was most pronounced in 2018, with exports increasing by X% year-on-year. Exports peaked at X units in 2012; however, from 2013 to 2021, exports were at lower levels.
In value terms, haulage and overhead crane exports contracted significantly to $X in 2021. Overall, exports suffered a severe decline. The most significant growth rate occurred in 2018, when exports increased by X% year-on-year. During the period under review, exports peaked at $X in 2012; however, from 2013 to 2021, exports were at lower levels.
Germany (X units) is the main destination for Danish exports of transport and overhead cranes, accounting for X% of total exports. In addition, twice as many transport cranes and overhead cranes were exported to Germany as to the second main destination, Greenland (X units). France (X units) ranks third with X% of total exports.
From 2012 to 2021, the average annual growth rate of freight traffic to Germany is -X%. Exports to other major destinations recorded the following average annual export growth rates: Greenland (+X% per annum) and France (+X% per annum).
In terms of value, Germany ($X) emerged as the leading foreign market for Danish haulage and overhead crane exports, accounting for X% of total exports. In second place is Greenland ($X) with X% of total exports. It is followed by France with an X% share. From 2012 to 2021, the average annual growth in value to Germany totals -X%. Exports to other major destinations recorded the following average annual export growth rates: Greenland (+X% per annum) and France (+X% per annum).
In 2021, overseas purchases of haulage cranes, gantry cranes and overhead cranes fell - X% to X units for the first time since 2017, ending a three-year upward trend. Overall, however, imports continued to grow significantly. The fastest growth was in 2013, with imports increasing by X% year-on-year. During the period under review, imports hit an all-time high for X units in 2020 before shrinking sharply the following year.
In value terms, imports of haulage cranes and overhead cranes fell sharply to $X in 2021. During the period under review, however, there was a marked increase in imports. The growth rate was most pronounced in 2020, with an X% increase over the previous year. As a result, imports peaked at X dollars and then fell significantly the following year.
In 2021, China (X units) will become Denmark's largest supplier of transport cranes and overhead cranes, accounting for X% of total imports. In addition, transport cranes and overhead cranes imported from China were three times higher than the figures recorded by the second largest supplier, Germany (X units).
From 2012 to 2021, the average annual growth rate of Chinese exports is +X%.
Germany ($X) is Denmark's largest supplier of transport and overhead cranes by value, accounting for X% of total imports. In second place is China ($X) with X% of total imports. From 2012 to 2021, the average annual growth rate of values from Germany totals +X%.
Germany is Denmark's largest supplier of transport and overhead cranes by value, accounting for 29% of total imports. In second place is China, which accounts for 13% of total imports.
In terms of value, Germany became the main foreign market for Danish transport and overhead crane exports, accounting for 20% of the total export value. In second place is Greenland, which accounted for 6.2% of total exports. It is followed by France with a share of 5.6%.
The average export price of transport and overhead cranes in 2021 will be $4,253 per unit, down -6% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be USD 6,556 each, a decrease of -27.9% from the previous year
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