The Turkish transport and overhead crane market will grow by X% to $X in 2021, rising for the second year in a row after four years of decline. During the period under review, consumption recorded significant growth. During the period under review, the market hit an all-time high of $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Production of transport and overhead cranes fell slightly to $X in 2021 at export prices. Overall, however, there has been a noticeable drop in production. The fastest growth rate in 2013, an increase of X% year-on-year. During the period under review, production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.
Turkey's transport and overhead crane exports surge to X units in 2021, up X% compared to 2020. Overall, exports continued to show significant growth. The most significant growth rate occurred in 2019, when exports increased by X% year-on-year. As a result, exports peaked at X units. From 2020 to 2021, the growth rate of exports will remain at a low level.
Transportation and Overhead Crane Exports Soar to X Dollars in 2021 by Value. Overall, exports showed a relatively stable trend pattern. The most significant growth rate occurred in 2019, when exports increased by X% over the previous year. As a result, exports peaked at X dollars. Export growth failed to regain momentum in 2020-21.
Saudi Arabia (X units), Egypt (X units) and Russia (X units) are Turkish transport
and the main destinations for overhead crane exports, which together account for X% of total exports. The leaders of Uzbekistan, Iran, Pakistan, and Israel saw more modest growth rates. By value, the largest markets for transport aircraft and overhead cranes exported from Turkey are Saudi Arabia ($X), Russia ($X) and Egypt ($X), which together account for X% of total exports. Pakistan, Uzbekistan, Iran, and Israel were the main destination countries during the review period, while other leaders saw more modest growth in shipments.
In 2021, the number of transport cranes, gantry cranes and bridge cranes imported by Turkey has soared to X units, an increase of X% year-on-year. During the period under review, imports recorded strong growth. During the period under review, imports peaked at X units in 2015; however, from 2016 to 2021, imports decreased slightly.
Imports of transport and overhead cranes soar to $X in 2021 by value. Overall, 10 ton gantry crane imports rose slightly. During the period under review, imports peaked at $X in 2015; however, from 2016 to 2021, imports have been at lower levels.
China (X units) and Japan (X units) are the main suppliers of transport vehicles and overhead cranes imported from Turkey. From 2012 to 2021, Japan achieved the most significant purchase growth rate among major suppliers (+X value, Turkey's largest suppliers of transport aircraft and overhead cranes are China ($X) and Japan ($X composite The annual growth rate is +X%, with the highest increase in import value among the major suppliers during the period under review.
Turkey's largest suppliers of transport and overhead cranes by value are China and Japan.
By value, the largest markets for transport vehicles and overhead cranes exported from Turkey were Saudi Arabia, Russia and Egypt, which together accounted for 43% of total exports. This is followed by Pakistan, Uzbekistan, Iran, Israel, Qatar, Iraq, Algeria, Azerbaijan, Libya and Nigeria, which together account for 36%.
In 2021, the average export price of transport and overhead cranes is $1,646 per unit, down -2.7% from the previous year.
In 2021, the average import price of transport and overhead cranes will be USD 2,410 per unit, a decrease of -56.3% from the previous year.
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