Venezuelan Overhead Crane Market Size Trend Analysis in 2022

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Venezuelan Overhead Crane Market Size Trend Analysis in 2022

From January to October 2021, the bilateral import and export volume of goods between China and Venezuela was US$2,578.33 million, an increase of US$914.5276 million compared with the same period in 2020, a year-on-year increase of 55.5%.

From January to October 2021, the total value of China's exports to Venezuela was US$1,737,560,600, an increase of US$514,084,600 compared with the same period in 2020, a year-on-year increase of 42.3%; the total value of China's imports from Venezuela was US$840,768,100, compared with 2020. During the same period, it increased by 400.4431 million US dollars, a year-on-year increase of 92.6%.

The economic and trade relations between China and Venezuela will be further developed in 2021, and various economic data are on the positive side. For the Venezuelan market, due to various reasons, Dongqi Crane has not received a crane cooperation project from Venezuela. But we believe that with the social and economic development of Venezuela, there will be a great demand for all kinds of cranes. We are committed to bringing our quality crane services to the Venezuelan crane market. This article will analyze the development scale and trend of overhead cranes in Venezuela in 2022 from multiple perspectives

Some Questions About the World Overhead Crane Market

Before we start discussing the aerial crane market in Venezuela, we have a few small questions that need to be answered first. Let’s take a look

  • What are the largest markets for overhead travelling cranes on fixed support in the world?
    • The countries with the highest volumes of overhead travelling crane consumption in 2020 were China (34K units), the U.S. (18K units) and India (13K units), together comprising 39% of global consumption. Japan, Germany, Russia, Brazil, DenmarkBangladesh, Canada, Spain, Turkey and Italy lagged somewhat behind, together comprising a further 28%.
  • What are the largest producers of overhead travelling cranes on fixed support in the world?
    • China (38K units) remains the largest overhead travelling crane producing country worldwide, accounting for 24% of total volume. Moreover, overhead travelling crane production in China exceeded the figures recorded by the second-largest producer, the U.S. (18K units), twofold. The third position in this ranking was occupied by India (14K units), with a 9% share.
  • What are the leading suppliers of overhead travelling cranes on fixed support to Venezuela?
    • In value terms, China ($2.8M) constituted the largest supplier of overhead travelling crane to Venezuela, comprising 55% of total imports. The second position in the ranking was occupied by Belgium ($616K), with a 12% share of total imports. It was followed by Italy, with a 9.7% share.
  • What is the average export price for overhead travelling cranes on fixed support in Venezuela?
    • In 2017, the average overhead travelling crane export price amounted to $15,450 per unit, therefore, remained relatively stable against the previous year.
  • What is the average import price for overhead travelling cranes on fixed support in Venezuela?
    • The average overhead travelling crane import price stood at $126,730 per unit in 2020, falling by -11.3% against the previous year.

Data source: https://www.indexbox.io/store/venezuela-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/

Venezuelan overhead crane

Venezuela Overhead Crane Market Size

The Venezuelan Overhead Crane Market has 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 retailers' profits, which will be included in the final consumer price). Overall, however, consumption continued to show a clear downward trend. In 2017, the growth rate was the fastest, and the market value increased by X% compared with the previous year. As a result, spending reached the highest level of X dollars. From 2018 to 2020, the market growth rate remained at a low level.

Venezuelan overhead crane export scale

After two years of decline, overseas shipments of fixed-support overhead cranes fell by X% to X units in 2020. During the period under review, exports continued to experience a sudden drop. Exports peaked at X units in 2010; however, from 2011 to 2020, exports failed to regain momentum.

Overhead crane exports in 2020 were worth X dollars in value. Overall, exports fell sharply. As a result, exports peaked at X dollars. Export growth remains low in 2009-2020

Colombia (X units) is the main destination for Venezuelan bridge crane exports, accounting for about X% of total exports.

From 2007 to 2017, the average annual growth rate of freight volumes to Colombia was relatively modest.

From 2007 to 2017, the average annual growth in value to Colombia totaled +X%.

Overhead Crane Installation in Mexico

Venezuelan overhead crane import scale

In 2020, the number of fixed-support overhead cranes imported from Venezuela soared to X units, an increase of X% over 2019. But overall, there has been a serious setback in imports. The growth rate was most pronounced in 2017, when imports rose by X% year-on-year. Imports peaked at X units in 2007; however, from 2008 to 2020, import figures were slightly lower.

Imports of overhead cranes in 2020 totaled X USD by value. During the period under review, however, imports showed marked growth. 2017 saw the fastest growth, with imports increasing by X% year-on-year. As a result, imports peaked at X dollars. Import growth remains low in 2018-2020

China (X units), the United States (X units) and Belgium (X units) are the main suppliers of Venezuelan bridge crane imports, accounting for X% of total imports. From 2007 to 2020, the largest increase was in Belgium, while other leaders saw more modest growth in purchases.

China (USD X) is Venezuela's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Belgium ($X) with X% of total imports. It is followed by Italy with an X% share. From 2007 to 2020, the average annual growth rate of value from China is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Belgium (+X% per annum) and Italy (+X% per annum).

How to customize Overhead Crane from China

We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a Overhead Crane, you can leave a message on the website or email, tell us the following information, and our sales manager will contact you:

  • Lifting capacity (ton): __ ?( The rated capacity)
  • Lifting height (m):__ ? (Height from hook center to the floor)
  • Span (m): __ ? (Distance between rail center)
  • Lifting speed (m/min): __ ? ( Single, Dual, Variable)
  • Traveling distance (m): __ ? (The length of the rail)
  • Work duty: __ ? (How many hours a day? How many times an hour?)
  • What material to be lifted: __ ?
  • Industrial voltage: __ ? ( like :380V, 50Hz, 3ph )

You can either fill out the contact form or send us an email. After receiving your inquiry, we will contact you as soon as possible and provide you with a suitable offer.

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