In 2021, the South African haulage and overhead crane market fell -X% to $X for the first time since 2018, ending a two-year upward trend. Overall, consumption continued to show a relatively flat trend pattern. As a result, consumption reaches a peak level of X dollars. From 2014 to 2021, the market growth rate will remain at a low level.
In value terms, the production of transport cranes and overhead cranes contracted slightly to $X at export prices in 2021. Gross output averages +X% annual growth 2012-2021; trend pattern remains consistent, with some notable fluctuations throughout the analysis period. The most significant growth rate occurred in 2014, when production increased by X% year-on-year. During the period under review, production hit an all-time high of $X in 2020 before contracting the following year.
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 have contracted sharply. The growth rate was most pronounced in 2018, with exports increasing by X% year-on-year. Exports peaked at X units in 2013; however, from 2014 to 2021, export volumes were at lower levels.
Exports of transport cranes and overhead cranes surged to $X in 2021 in value terms. However, during the period under review, exports increased slightly. During the period under review, exports peaked at $X in 2014; however, from 2015 to 2021, exports failed to regain momentum.
Botswana (unit X), Zambia (unit X) and the Democratic Republic of Congo (unit X) were the main destinations for South African haulage and overhead crane exports, together accounting for X% of total exports. This was followed by the United States, Zimbabwe, Swaziland and Madagascar, which further increased shipments by X (+X%) from 2012 to 2021, while the other leaders saw more modest growth.
In value terms, Botswana ($X) emerged as the leading foreign market for South African haulage and overhead crane exports, accounting for X% of total exports. In second place is Zambia ($X) with X% of total exports. It was followed by Zimbabwe with an X% share.
Average annual growth in value to Botswana from 2012 to 2021 totals +X%. Exports to other major destinations recorded the following average annual export growth rates: Zambia (+X% per annum) and Zimbabwe (-X% per annum).
Overseas purchases of haulage cranes, gantry cranes and overhead cranes fell -X% to X units in 2021, falling for the second year in a row after three consecutive years of growth. Overall, imports faced a sharp decline. The fastest growth rate in 2013, an increase of X% year-on-year. As a result, imports peaked at X units. Import growth momentum failed to recover from 2014 to 2021.
In 2021, imports of transport and overhead cranes shrunk significantly to $X in value terms. Overall, imports face a sharp contraction. The most significant growth rate occurred in 2018, when imports increased by X% year-on-year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In 2021, Germany (X units) is the largest supplier of transport and overhead cranes in South Africa, 3 ton gantry crane accounting for X% of total imports. In addition, transport cranes and overhead cranes imported from Germany were three times higher than the figures recorded by the second largest supplier, the UK (X units).
From 2012 to 2021, the average annual growth rate of sales from Germany is -X%. The average annual growth rates of imports for the remaining suppliers are as follows: UK (-X% per annum) and China (-X% per annum).
The largest suppliers of transport and overhead cranes in South Africa by value are the United Kingdom ($X), Germany ($X) and China ($X), accounting for X% of total imports. The UK, with a CAGR of -X%, saw the highest growth in import value among the major suppliers during the period under review, while other leaders saw a decline in purchases.
South Africa's largest suppliers of haulage and overhead cranes by value are the UK, Germany and China, which together account for 83% of total imports.
In value terms, Botswana emerged as the leading foreign market for South African haulage and overhead crane exports, accounting for 37% of total exports. In second place is Zambia with 13% of total exports. It is followed by Zimbabwe with a share of 9.8%.
The average export price of transport and overhead cranes in 2021 will be $8,415 per unit, down -6.7% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be USD 2,031 per unit, a decrease of -27.7% from the previous year.
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