The Israeli haulage and overhead crane market fell -X% to $X in 2021, falling for the second year in a row after two years of growth. During the period under review, total consumption has grown significantly from 2012 to 2021: its value has grown at an average annual rate of +X% over the past nine years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. Based on 2021 data, consumption is down -X% compared to the 2019 index. As a result, consumption reaches a peak level of X dollars.From 2017 to 2021, the growth of the market failed to regain momentum.
In value terms, the production of transport cranes and overhead cranes is estimated to have declined slightly to $X in 2021 at export prices. 2012-2021 Gross output average annual growth +X%; trend pattern remains relatively stable, with only slight fluctuations observed in some years. The most significant growth rate occurred in 2015, with an X% year-over-year increase. During the period under review, production peaked at $X in 2016; however, from 2017 to 2021, production has remained low.
In 2021, after a two-year decline, overseas shipments of transport cranes, gantry cranes and overhead cranes saw a significant increase, with shipments increasing by X% to X units. Overall, however, exports faced serious setbacks. The most significant growth rate was recorded in 2018, with a year-on-year increase of X%. During the period under review, exports in 2012 reached a record high of X units; however, from 2013 to 2021, exports remained at a low level.
In value terms, exports of transport cranes and overhead cranes fell to X dollars in 2021. But overall, export volumes fell significantly. 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.
Turkey (X units), Croatia (X units) and Ghana (X units) were the main destinations for Israel's transport and overhead crane exports, accounting for X% of total exports. From 2012 to 2021, among the major destination countries, the most significant growth rate in shipments was Turkey (+X%), while other leaders experienced a mixed trend pattern. Next is Jordan with an X% share. From 2012 to 2021, the average annual growth rate of the value to Belgium is -X%. Exports to other major destinations recorded the following average annual export growth rates: Turkey (-X% per annum) and Jordan (-X% per annum).
In 2021, Israel's imports of transport and overhead cranes increased significantly to X units, an increase of X% over 2020. However, during the period under review, import volumes continued to show a deep decline. The most significant growth rate occurred in 2016, with a year-on-year increase of X%. As a result, imports peaked at X units. Import growth will remain low between 2017 and 2021.
Imports of transport cranes and overhead cranes soar to $X in 2021 by value. But overall, imports contracted sharply. 2014 saw the fastest growth, with imports increasing by X% year-on-year. During the period under review, imports reached a maximum value of X dollars in 2016; however, from 2017 to 2021, imports have been at lower levels.
China (X units), Turkey (X units) and Jordan (X units) are the main suppliers of transport cranes and overhead cranes imported to Israel, accounting for X% of total imports. From 2012 to 2021, among major suppliers, China recorded the most significant growth in purchases (+X%), while other leaders saw more modest growth in imports.
China ($X) is Israel's largest supplier of transport and overhead cranes by value, accounting for X% of total imports. In second place is Turkey ($X) with X% of total imports. It is followed by Sweden with an X% share.
From 2012 to 2021, the average annual growth rate of value from China totals +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Turkey (+X% per annum) and Sweden (+X% per annum).
China is Israel's largest supplier of transport and overhead cranes by value, accounting for 59% of total imports. In second place is Turkey, which accounts for 11% of total imports. It is followed by Sweden with a share of 4.7%.
In 2021, the average export price of transport cranes and overhead cranes will be $2,980 per unit, down -8.7% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be $2,948 per unit, up 18% from the previous year.
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