The Israeli crane market grew by X% to $X in 2020, rising for the third consecutive year after three consecutive years of decline. Overall, from 2007 to 2020, total consumption has grown significantly: its 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 2020 data, consumption increased by +X% compared to the 2017 index. As a result, consumption has peaked and is likely to continue growing in the short term.
In 2020 crane production soared to X dollars by value (estimated at export prices). Overall, however, production continued to show a clear downward trend. The fastest growth was recorded in 2009, with production increasing by X% over the previous year. As a result, production peaked at X dollars. Production growth remained low from 2010 to 2020.
Israel's overseas shipments of cranes, mobile crane frames declined for the third year in a row, falling -X% to X units in 2020. , showing a relatively flat trend pattern. In 2010, the growth rate was the fastest, with exports increasing by X% year-on-year. During the period under review, exports reached a maximum of X units in 2015; however, from 2016 to 2020, exports were slightly lower.
In value terms, crane exports fell significantly to X dollars in 2020. During the review period, however, there was a sudden drop in exports. The most significant growth rate occurred in 2010, when exports increased by X% year-on-year. Exports peaked at $X in 2011; however, from 2012 to 2020, export figures were slightly lower.
Bỉ (X units) was the main destination for Israeli crane exports, accounting for X% of total exports. In addition, the number of cranes exported to Belgium exceeded the number exported to the second main destination, the Czech Republic (X units) by more than ten times. Third in this ranking is Tây ban nha (X units) with an X% share.
From 2007 to 2020, the average annual growth rate of freight traffic to Belgium totaled +X%. Exports to other major destinations recorded the following average annual export growth rates: Czech Republic (X% per year) and Spain (X% per year).
In value terms, Belgium ($X) remains the main foreign market for Israeli crane exports, accounting for X% of total exports. In second place is Spain ($X) with X% of total exports. It is followed by the Czech Republic with an X% share.
From 2007 to 2020, the average annual growth in value to Belgium totaled +X%. Exports to other major destinations recorded the following average annual export growth rates: Spain (+X% per annum) and Czech Republic (X% per annum).
Israel's foreign supply of cranes, mobile cranes increased for the third year in a row, increasing by X% to X units in 2020. Overall, import growth has grown significantly. In 2010, the growth rate was the fastest, with imports increasing by X% year-on-year. During the period under review, imports peaked in 2020 and are expected to grow steadily in the short term.
Crane imports surged to $X in 2020 by value. Overall, imports increased significantly. The growth rate was most pronounced in 2010, when imports rose by X% year-on-year. During the period under review, imports peaked in 2020 and are likely to see steady growth in the near future.
In 2020, China (X units) was the largest crane supplier to Israel, accounting for X% of total imports. In addition, cranes imported from China were three times higher than the number recorded by the second largest supplier, Phần lan (X units). Nước Ý (X units) occupies the third position in the ranking with an X% share.
From 2007 to 2020, the average annual growth rate of sales from China is +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Finland (+X% per annum) and Italy (+X% per annum). China ($X) is the largest crane supplier to Israel by value, accounting for X% of total imports. In second place is Finland ($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 China's output value reached +X%. The average annual growth rates of imports in the remaining supplier countries are as follows: Finland (+X% per annum) and Italy (+X% per annum).
China ($212 million) is Israel's largest crane supplier by value, accounting for 58% of total imports. In second place was Finland ($59 million), which accounted for 16% of total imports. It is followed by Italy with a share of 7.2%.
In value terms, Belgium ($430,000) remains the main foreign market for Israeli crane exports, accounting for 50% of total exports. In second place is Spain ($126,000) with 15% of total exports. It is followed by the Czech Republic with a share of 8.3%.
The average export price of cranes in 2020 was US$17,890 per unit, an increase of 39% over the previous year.
In 2020, the average price of crane imports was $42,209 per unit, down -14% from the previous year.
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