The Swiss crane market fell -X% to $X in 2020, falling for the second consecutive year after three years of growth.
From 2007 to 2020, market capitalization has grown at an average annual rate of +X%; however, trend patterns suggest that some notable fluctuations were recorded throughout the analysis period. The most significant growth rate occurred in 2011, when the market capitalization increased by X% year-on-year. As a result, spending reached the highest level of X dollars. From 2012 to 2020, the market growth rate remained at a low level.
In 2020, Swiss crane exports surged to X units, an increase of X% over 2019 figures. Overall, from 2007 to 2020, total exports showed a moderate growth trend: over the past 13 years, exports have grown at an average annual rate of +X%. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to the 2020 data, exports decreased by -X% compared to the 2018 index. The most significant growth rate occurred in 2012, with an X% year-on-year increase. Exports peaked at X units in 2018; however, from 2019 to 2020, export figures were slightly lower.
In terms of value, crane exports reached X dollars in 2020. During the period under review, total exports showed moderate growth from 2007 to 2020: their value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to the 2020 data, exports decreased by -X% compared to the 2018 index. The most significant growth rate occurred in 2012, which was an X% increase compared to the previous year. As a result, exports peaked at X dollars. From 2013 to 2020, the export growth rate remained at a low level.
Germany (X units), Finland (X units) and Austria (X units) were the main destinations for Swiss crane exports, accounting for X% of total exports. Italy, the Netherlands, France, Serbia, Bosnia and Herzegovina, Portugal, North Macedonia, Norway, Saudi Arabia and the United Kingdom lag behind, with the most significant growth in shipments from 2007 to 2020, with the Netherlands as the main destination country, while Exports from other countries grew more modestly.
In value terms, Germany ($X), Austria ($X) and the Netherlands ($X) appear to be the largest markets for Swiss global crane exports, together accounting for X% of total exports. In terms of major destination countries, the Netherlands experienced the highest growth in export value during the period under review, while the other leaders experienced more moderate growth in shipments.
In 2020, Swiss crane imports contracted slightly to X units, -X% less than the previous year. However, imports recorded a relatively flat trend pattern during the period under review. 2018 appears to have seen the fastest growth, with an X% increase over the previous year. As a result, imports peaked at X units. Import growth remained low in 2019-20.
In terms of value, crane imports rose significantly to $X in 2020.
From 2007 to 2020, the total value of imports increased at an average annual rate of +X%; however, the trend pattern indicates that some notable fluctuations were recorded throughout the analysis period. The growth rate was most pronounced in 2011, when imports rose by X% year-on-year. Imports peaked at $X in 2012; however, imports declined slightly from 2013 to 2020.
In 2020, Germany (X units) was the largest crane supplier to Switzerland, accounting for X% of total imports. In addition, the number of cranes imported from Germany was more than double the number recorded by the second largest supplier, Italy (X units). Austria (X units) ranks third in terms of total imports with a share of X%.
From 2007 to 2020, the average annual growth rate of German exports was relatively modest. The average annual growth rates of imports for the remaining suppliers are as follows: Italy (-X% per annum) and Austria (-X% per annum).
Switzerland's largest crane suppliers by value are Germany ($X), Italy ($X) and Austria ($X), with X% of total imports. France, Finland, Spain and Belgium lag behind and together account for further X terms of major suppliers, with Finland having the highest growth in import value during the period under review, while other leaders experienced a more moderate pace of growth in purchasing.
Switzerland's largest crane suppliers by value are Germany ($58 million), Italy ($34 million) and Austria ($18 million), which together account for 71% of total imports. It is followed by France, Finland, Spain and Belgium, which together account for 18%.
Germany ($6.2 million), Austria ($3.7 million) and the Netherlands ($1.7 million) constitute the world's largest export market for Swiss cranes by value, together accounting for 65% of total exports.
In 2020, the average export price of cranes was USD 16,950 per unit, a decrease of -14.2% from the previous year.
In 2020, the average price of crane imports was US$33,612 per unit, an increase of 12% over the previous year.
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