Ecuador's overhead crane market size and trend development in 2022

From January to August 2021, the bilateral import and export volume of goods between China and Ecuador was US$6,924.19 million, an increase of US$2,007.1013 million compared with the same period in 2020, a year-on-year increase of 41%.

From January to August 2021, the total value of China’s exports to Ecuador was US$3,482,558,300, an increase of US$1,491,642,300 compared with the same period in 2020, a year-on-year increase of 75.2%; the total value of China’s imports from Ecuador was US$3,441,636,100, compared with the same period in 2020. During the same period, it increased by $515.4591 million, a year-on-year increase of 17.7%.

At present, China is still Ecuador's largest supply market for overhead cranes. As a Chinese crane supplier that provides crane services to the world, Dongqi Crane has reached 3 crane cooperation projects with Ecuadorian customers in the past 2021. We believe that with the further economic growth of Ecuador, Chinese crane manufacturers will provide more high-quality cranes and services. This article will discuss the overhead crane market situation in Ecuador in 2022 from the crane market size in Ecuador.

Some Questions About the World Overhead Crane Market

Before we start discussing the aerial crane market in Ecuador, we have a few small questions that need to be answered first. Let’s take a look

• What are the largest markets for overhead travelling cranes on fixed support in the world?
  • The countries with the highest volumes of overhead travelling crane consumption in 2020 were China (34K units), the U.S. (18K units) and India (13K units), together comprising 39% of global consumption. Japan, Germany, Russia, Brazil, Denmark, Bangladesh, Canada, Spain, Turkey and Italy lagged somewhat behind, together comprising a further 28%.
• What are the largest producers of overhead travelling cranes on fixed support in the world?
  • China (38K units) remains the largest overhead travelling crane producing country worldwide, accounting for 24% of total volume. Moreover, overhead travelling crane production in China exceeded the figures recorded by the second-largest producer, the U.S. (18K units), twofold. The third position in this ranking was occupied by India (14K units), with a 9% share.
• What are the leading suppliers of overhead travelling cranes on fixed support to Ecuador?
  • In value terms, China ($199K) constituted the largest supplier of overhead travelling crane to Ecuador, comprising 83% of total imports. The second position in the ranking was occupied by Spain ($31K), with a 13% share of total imports.
• What are the leading importers of overhead travelling cranes on fixed support from Ecuador?
  • In value terms, Mexico ($11K), Costa Rica ($8.5K) and Colombia ($7.3K) were the largest markets for overhead travelling crane exported from Ecuador worldwide.
• What is the average export price for overhead travelling cranes on fixed support in Ecuador?
  • In 2018, the average overhead travelling crane export price amounted to $8,957 per unit, almost unchanged from the previous year.
• What is the average import price for overhead travelling cranes on fixed support in Ecuador?
  • The average overhead travelling crane import price stood at $43,597 per unit in 2020, surging by 6.6% against the previous year.

Data source: https://www.indexbox.io/store/ecuador-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/

Ecuadorian overhead crane market size

The Ecuadorian Overhead Crane Market grew by X% to $X in 2020, the third consecutive year of growth after two years of decline. Overall, consumption showed a relatively flat trend pattern. The most significant growth rate occurred in 2012, when the market capitalization increased by X% year-on-year. As a result, spending reached the highest level of X dollars. From 2013 to 2020, the market growth rate remained at a low level.

Ecuadorian overhead crane export scale

In 2020, the number of fixed-support overhead cranes exported from Ecuador is estimated at X units, roughly the same as the previous year. Overall, exports showed a relatively flat trend pattern. Exports peaked at X units in 2018; however, from 2019 to 2020, exports remained low.

Overhead crane exports in 2020 are X dollars by value. Overall, exports have grown significantly. The growth rate was most pronounced in 2013, with a year-on-year increase of X%. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain momentum.

Costa Rica (X units), Colombia (X units) and Mexico (X units) are the main destinations for Ecuadorian overhead crane exports.

From 2007 to 2018, Costa Rica saw the largest increase in shipments, while the other leaders saw more modest growth in shipments.

Ecuador's largest export markets for overhead cranes by value are Mexico ($X), Costa Rica ($X), and Colombia ($X), with destination countries experiencing slower growth in freight volumes during the reporting period.

Import scale of overhead cranes in Ecuador

Ecuador bought fixed support overhead cranes abroad for the third year in a row, down -X% to X units in 2020. But overall, imports recorded strong growth. 2008 saw the fastest growth, with an X% increase over the previous year. Imports peaked at X units in 2012; however, from 2013 to 2020, imports decreased slightly.

Overhead crane imports fell sharply to $X in 2020 by value. However, imports showed significant growth during the period under review. The most significant growth rate occurred in 2008, with an X% year-on-year increase. Imports peaked at $X in 2009; however, from 2010 to 2020, import figures were slightly lower.

Spain (X units), China (X units) and the United States (X units) are the main suppliers of overhead crane imports from Ecuador.

From 2007 to 2020, the largest increase was in Spain, while procurement by other leaders showed a mixed trend.

China (USD X) is the largest supplier of overhead cranes to Ecuador by value, accounting for X% of total imports. In second place is Spain ($X) with X% of total imports. From 2007 to 2020, the average annual growth rate of value from China reached +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Spain (+X% per annum) and the United States (+X% per annum).

How to customize Overhead Crane from China

We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a Overhead Crane, you can leave a message on the website or email, tell us the following information, and our sales manager will contact you:

• Lifting capacity (ton): __ ?( The rated capacity)
• Lifting height (m):__ ? (Height from hook center to the floor)
• Span (m): __ ? (Distance between rail center)
• Lifting speed (m/min): __ ? ( Single, Dual, Variable)
• Traveling distance (m): __ ? (The length of the rail)
• Work duty: __ ? (How many hours a day? How many times an hour?)
• What material to be lifted: __ ?
• Industrial voltage: __ ? ( like :380V, 50Hz, 3ph )

You can either fill out the contact form or send us an email. After receiving your inquiry, we will contact you as soon as possible and provide you with a suitable offer.

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