From January to October 2021, the bilateral import and export volume of goods between China and Iran was US$11,621.63 million, a decrease of US$795.066 million compared with the same period in 2020, a year-on-year decrease of 6.5%.
From January to October 2021, the total value of China’s exports to Iran was US$6,379,155,100, a decrease of US$867,392,900 compared with the same period in 2020, a year-on-year decrease of 11.7%; the total value of China’s imports from Iran was US$5,242,476,900, compared with 2020. During the same period, it increased by $72.3269 million, a year-on-year increase of 0.8%.
Iran is a rare oil country with an industrial system in the Middle East. In addition to oil exploration, Iran’s petrochemical, automobile manufacturing, steel, nuclear, electronics, computer and other industries are also relatively developed, and Iran has a relatively complete industrial system. Although the bilateral trade volume between China and Iran has declined due to various reasons, the economic and trade cooperation between China and Iran has become closer. Dongqi Crane has signed orders for 11 crane cooperation projects in Iran in the past 2021. Regarding the development of Iran’s industrialization, Dongqiqiang gave an optimistic attitude. This article will analyze the development scale and trend of the Iranian overhead crane market in 2022
Some Questions About the World Overhead Crane Market
Before we start discussing the aerial crane market in Turkey, 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, Denmark, Bangladesh, 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 Iran?
- In value terms, China ($12M) constituted the largest supplier of overhead travelling crane to Iran, comprising 67% of total imports. The second position in the ranking was occupied by Russia ($1.7M), with a 9.4% share of total imports. It was followed by Malaysia, with a 6.3% share.
- What are the leading importers of overhead travelling cranes on fixed support from Iran?
- In value terms, Sri Lanka ($20K) remains the key foreign market for overhead travelling crane exports from Iran, comprising 35% of total exports. The second position in the ranking was occupied by Iraq ($5.4K), with a 9.4% share of total exports. It was followed by Afghanistan, with a 2.5% share.
- What is the average export price for overhead travelling cranes on fixed support in Iran?
- The average overhead travelling crane export price stood at $7,213 per unit in 2020, jumping by 63% against the previous year.
- What is the average import price for overhead travelling cranes on fixed support in Iran?
- In 2020, the average overhead travelling crane import price amounted to $10,466 per unit, with an increase of 1.6% against the previous year.
Iran Overhead Crane Market Size
In 2020, the Iranian Overhead Crane Market grew X% to X USD, rising for the second year in a row after three consecutive years of decline. During the period under review, consumption increased significantly. The most significant growth rate occurred in 2013, when the market value increased by X% over the previous year. As a result, spending reached the highest level of X dollars. From 2014 to 2020, the market growth rate remained at a low level.
Export Scale of Iran Overhead Crane Market
In 2020, approximately X fixed-support overhead cranes were exported from Iran; -X% decrease compared to the previous year’s figure. Overall, exports fell sharply. In 2010, the growth rate was the fastest, with an increase of X% year-on-year. During the period under review, exports peaked at X units in 2007; however, from 2008 to 2020, exports have been at lower levels.
In value terms, 2020 overhead crane exports dropped significantly to $X. Overall, exports fell sharply. The most significant growth rate occurred in 2010, when exports increased by X% over the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, export figures were slightly lower.
Sri Lanka (X units), Iraq (X units) and Afghanistan (X units) were the main destinations for Iranian bridge crane exports, accounting for X% of total exports. In addition, Sri Lanka’s bridge crane exports are more than double the figures recorded by Iraq, the second largest exporter.
From 2007 to 2020, among the major destination countries, Sri Lanka saw the most significant growth in shipments, while exports from other countries declined.
Sri Lanka ($X) remains the leading foreign market for Iranian bridge crane exports in value terms, accounting for X% of total exports. In second place is Iraq ($X) with X% of total exports. It is followed by Afghanistan with an X% share.
From 2007 to 2020, the average annual growth in value to Sri Lanka totaled -X%. Exports to other major destinations recorded the following average annual export growth rates: Iraq (-X% per annum) and Afghanistan (-X% per annum).
Import Scale of Iran Overhead Crane Market
In 2020, foreign supply of fixed-support overhead cranes increased by X% to X units, increasing for the second consecutive year after declining for three consecutive years. Overall, imports continue to show moderate growth. The most significant growth rate occurred in 2013, when imports increased by X% year-on-year. As a result, imports peaked at X units. Import growth failed to regain momentum between 2014 and 2020.
Overhead crane imports surged to $X in 2020 by value. During the period under review, there was a significant increase in imports. 2013 saw the most rapid growth, with an X% increase over the previous year. As a result, imports peaked at X dollars. Import growth remained low between 2014 and 2020.
In 2020, Russia (X units) was the largest supplier of overhead cranes to Iran, accounting for X% of total imports. In addition, the number of overhead cranes imported from Russia was more than ten times higher than the number recorded by the second largest supplier, Spain (X units). China (X units) ranked third with X% of total imports. From 2007 to 2020, the average annual growth rate of shipments from Russia reached +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Spain (-X% per annum) and China (+X% per annum).
China ($X) is Iran’s largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Russia ($X) with X% of total imports. It is closely followed by Malaysia with an X% share.
From 2007 to 2020, the average annual growth rate of value from China reached +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Russia (+X% per annum) and Malaysia (+X% per annum).
How to customize Overhead Crane from China
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