The Greek transport and overhead crane market will grow by X% to $X in 2021, rising for the third year in a row after three consecutive years of decline. Overall, consumption growth was strong. As a result, consumption has peaked and is likely to continue growing in the short term.
In 2021, approximately X transport cranes, gantry cranes and overhead cranes were exported from Greece; -X% decrease compared to last year's figures. Overall, exports decreased significantly. The growth rate was the most significant in 2018, with exports increasing by X% year-on-year. Exports peaked at X units in 2016; however, from 2017 to 2021, exports failed to regain momentum.
In value terms, transport and overhead crane exports fell significantly to $X in 2021. During the review period, exports fell slightly. The most significant growth rate occurred in 2016, when exports increased by X% year-on-year. As a result, exports peaked at X dollars. Export growth failed to regain momentum between 2017 and 2021.
Georgia (unit X), North Macedonia (unit X) and Serbia (unit X) were the main destinations for Greek transport and overhead crane exports, together accounting for X% of total exports. This is followed by Ghana, Malta, Cyprus and France, which further increased shipments by a factor of X from 2012 to 2021, with the most significant growth in shipments among the major destination countries France (X%), while other leaders experienced declines.
By value, the largest markets for transport and overhead cranes exported from Greece were North Macedonia ($X), Georgia ($X) and Ghana ($X), accounting for X% of total exports. This is followed by Cyprus, France, Malta and Serbia, the major countries of which have the highest growth in export value, with a combined X-fold and a CAGR of +X%. destinations during the review period, while shipments from other leaders showed a different trend pattern.
In 2021, Greece's imports of transport and overhead cranes surged to X units, an increase of X% over 2020. Overall, imports have increased significantly. The most significant growth rate occurred in 2013, with an X% year-on-year increase. During the period under review, imports reached a maximum of X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports of transport and overhead cranes soar to $X in 2021 by value. Overall, imports have grown significantly. 2019 saw the fastest growth, 20 ton gantry crane with imports up X% year-on-year. Imports hit an all-time high in 2021 during the review period and are likely to see steady growth in the years ahead.
In 2021, Germany (X units) is the largest supplier of transport and overhead cranes to Greece, accounting for X% of total imports. In addition, transport and overhead cranes imported from Germany were three times higher than the figures recorded by the second largest supplier, Bulgaria (X units). France (X units) ranks third in total imports with a share of X%.
From 2012 to 2021, the average annual growth rate of sales from Germany is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Bulgaria (+X% per annum) and France (+X% per annum).
Germany ($X) is the largest supplier of transport and overhead cranes to Greece by value, accounting for X% of total imports. In second place is France ($X) with X% of total imports. It is followed by Italy with an X% share.
From 2012 to 2021, the average annual value growth rate in Germany is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: France (+X% per annum) and Italy (+X% per annum).
Germany is Greece's largest supplier of transport and overhead cranes by value, accounting for 68% of total imports. In second place is France, with 14% of total imports. It is followed by Italy with a share of 7%.
By value, the largest markets for transport and overhead crane exports from Greece were North Macedonia, Georgia and Ghana, which together accounted for 57% of total exports. Cyprus, France, Malta and Serbia are slightly behind with a combined 30%.
In 2021, the average export price of transport and overhead cranes will be $2,142 per unit, a 40% increase from the previous year.
The average import price for transport and overhead cranes in 2021 is $4,399 per unit, up 3.3% from the previous year.
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