The South African crane market surged to $X in 2020, up X% from the previous year. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs and retailer profits, which will be included in the final consumer price). Overall, consumption has shown a relatively flat trend pattern. 2012 saw the fastest growth, with an X% increase over the previous year. During the period under review, the market peaked at $X in 2013; however, from 2014 to 2020, consumption was at lower levels.
In 2020, approximately X cranes, mobile cranes were exported from South Africa; -X% decrease compared to the previous year. Overall, exports fell sharply. The most significant growth rate occurred in 2010, when exports increased by X% over the previous year. Exports peaked at X units in 2011; however, from 2012 to 2020, exports have remained low.
In value terms, crane exports contracted significantly to $X in 2020. Overall, exports have shrunk significantly. In 2010, the growth rate was the fastest, with exports increasing by X% year-on-year. During the period under review, exports peaked at $X in 2014; however, from 2015 to 2020, exports were slightly lower.
The United States (X units), the United Arab Emirates (X units) and Mozambique (X units) were the main destinations for South African crane exports, accounting for X% of total exports. From 2007 to 2020, among the major destination countries, the most significant growth rate in terms of shipments was achieved by the United States, while exports from other countries experienced more moderate growth rates.
The largest crane markets by value from South Africa are Zimbabwe ($X), Mozambique ($X) and Botswana ($X), accounting for X% of total exports. The United States, Lesotho, Namibia, Democratic Republic of Congo, Zambia, Ghana, United Arab Emirates, Swaziland, and the Netherlands are somewhat lagging behind and together account for the largest export value growth rate among major destination countries in the United States (+ X%/yr) during the period under review , while other leading players saw more modest growth in shipments.
In 2020, South Africa's crane imports surged to X units, an increase of X% from the previous year. Overall, however, imports showed a relatively flat trend pattern. The most significant growth rate was recorded in 2017, with a year-on-year increase of X%. During the period under review, imports peaked at X units in 2013; however, from 2014 to 2020, imports declined slightly.
Crane imports surged to $X in 2020 by value. However, imports contracted significantly during the review period. During the period under review, imports reached a maximum value of $X in 2007; however, from 2008 to 2020, the import figures were slightly lower.
China (X units), Finland (X units) and Germany (X units) are the main suppliers of crane imports to South Africa, accounting for X% of total imports. The UK, Poland, Italy and Austria are slightly behind and together constitute a further X growth from 2007 to 2020, among the major suppliers Poland achieved the most significant growth in procurement, while imports by other leaders experienced more moderate growth rates.
The largest crane suppliers to South Africa by value are Germany ($X), China ($X) and Finland ($X), which account for X% of total imports. This is followed by Poland, Italy, Austria and the United Kingdom, which together make up the X major suppliers, Poland (+X% per annum) experienced the highest growth in import value during the period under review, while procurement by other leaders experienced Mixed trend pattern.
Germany, China and Finland are South Africa's largest crane suppliers by value, together accounting for 57% of total imports. Poland, Italy, Austria and the UK are slightly behind with a combined 21%.
Zimbabwe, Mozambique and Botswana appear to be the world's largest crane markets by value from South Africa, together accounting for 49% of total exports. The United States, Lesotho, Namibia, the Democratic Republic of Congo, Zambia, Ghana, the United Arab Emirates, Swaziland and the Netherlands are slightly behind, with a combined 40 percent.
In 2020, the average export price of cranes was USD 9,462 per unit, a decrease of -1.9% from the previous year.
The average price of crane imports in 2020 was $4,388 per unit, a 23% increase from the previous year.
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