From January to October 2021, the bilateral import and export volume of goods between China and the UAE was US$55,502.39 million, an increase of US$15,448.2268 million compared with the same period in 2020, a year-on-year increase of 38.4%.
From January to October 2021, the total value of China’s exports to the UAE was US$34,483,787,100, an increase of US$8,895,931,100 compared to the same period in 2020, a year-on-year increase of 34.9%; the total value of China’s imports from the UAE was US$21,018,600,700, compared with 2020. In the same period, it increased by 6,552,296,700 US dollars, a year-on-year increase of 44.4%
The UAE is an important economic and trade partner of China, and the relationship in economic cooperation is deepening day by day. Despite the impact of the COVID-19 epidemic, in the past 2021, the cooperation between China and the UAE has become closer. As a Chinese crane supplier, Dongqi Crane has always paid close attention to the industrialization development of the UAE. The UAE government launched a national industrial strategy of 300 billion dirhams on March 22, 2021. In the next 10 years, the strategy will Increase the contribution of the manufacturing industry from Dh133 to Dh300 billion. In 2021, Dongqi Crane has reached more than 60 cooperation projects of various types of cranes with partners in the UAE. This article will analyze the possible changes in the UAE crane market in 2022 through data on the UAE overhead crane market
Some Questions About the World Overhead Crane Market
Before we start discussing the aerial crane market in Canada, 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 the United Arab Emirates?
- In value terms, China ($4.3M), Saudi Arabia ($2.9M) and India ($1.1M) constituted the largest overhead travelling crane suppliers to the United Arab Emirates, with a combined 86% share of total imports. These countries were followed by Turkey and Norway, which together accounted for a further 8.8%.
- What are the leading importers of overhead travelling cranes on fixed support from the United Arab Emirates?
- In value terms, Saudi Arabia ($5.7M), Kuwait ($5M) and Nigeria ($2.6M) constituted the largest markets for overhead travelling crane exported from the United Arab Emirates worldwide, with a combined 57% share of total exports.
- What is the average export price for overhead travelling cranes on fixed support in the United Arab Emirates?
- The average overhead travelling crane export price stood at $55,406 per unit in 2020, with a decrease of -1.8% against the previous year.
- What is the average import price for overhead travelling cranes on fixed support in the United Arab Emirates?
- In 2020, the average overhead travelling crane import price amounted to $23,066 per unit, shrinking by -50% against the previous year.
UAE Overhead Crane Market Size
In 2020, the overhead crane market in the United Arab Emirates fell slightly to $X, a decrease of -X% from the previous year. Overall, consumption has shown a relatively flat trend pattern. The growth rate was most pronounced in 2008, with an X% increase over the previous year. During the period under review, the market hit an all-time high of $X in 2016; however, from 2017 to 2020, consumption failed to regain momentum.
In value terms, the production of overhead cranes in 2020 fell sharply to an estimated $X at export prices. However, during the period under review, production recorded a significant increase. The growth rate was most pronounced in 2018, with a year-on-year increase of X%. During the period under review, production peaked at $X in 2019, then declined rapidly the following year.
UAE overhead crane export scale
For the fourth year in a row, overseas shipments of fixed-support overhead cranes to the United Arab Emirates grew, increasing by X% to X units in 2020. Overall, exports continued to grow significantly. The fastest growth was recorded in 2011, with exports increasing by X% over the previous year. During the period under review, exports peaked in 2020 and may continue to grow in the short term.
Overhead crane exports surged to $X in 2020 by value. Overall, exports recorded resilient growth. The most significant growth rate occurred in 2015, when exports increased by X% year-on-year. Exports peaked in 2020 and may gradually increase in the near future.
Saudi Arabia (X units) is the leading destination for the export of overhead cranes from the United Arab Emirates, accounting for X% of total exports. In addition, double the number of overhead cranes exported to Saudi Arabia was exported to Nigeria (X units), the second major destination. Egypt (X units) ranks third with X% of total exports.
From 2007 to 2020, the average annual growth rate of shipments to Saudi Arabia was +X%. Exports to other major destinations recorded the following average annual export growth rates: Nigeria (+X% per annum) and Egypt (-X% per annum).
By value, the largest markets for overhead cranes exported from the United Arab Emirates are Saudi Arabia (USD X), Kuwait (USD X), and Nigeria (USD X), accounting for X% of total exports. Among the major destination countries, Kuwait (+X% per annum) experienced the highest export value growth during the period under review, while the other leaders experienced more modest growth in shipments.
UAE overhead crane export scale
In 2020, overseas purchases of fixed support overhead cranes increased by X% to X units, the fourth consecutive year of growth after two years of decline. Overall, imports recorded a resilient expansion. As a result, imports peaked and may continue to grow in the short term.
Overhead crane imports surged to $X in 2020 by value. During the period under review, imports fell sharply. In 2008, the growth rate was the fastest, with imports increasing by X% year-on-year. As a result, imports peaked at X dollars. From 2009 to 2020, import growth remained low.
Saudi Arabia (X units), China (X units) and India (X units) are the main suppliers of overhead crane imports to the UAE, together accounting for X% of total imports. This is followed by Turkey and Norway, which further increased their purchases by a factor of X from 2007 to 2020, with Norway achieving the most significant growth in purchases (+X per year) among major suppliers %), while imports experienced a more moderate pace of growth as other leaders.
In value terms, China ($X), Saudi Arabia ($X) and India ($X) appeared to be the largest overhead travelling crane suppliers to the United Arab Emirates, with a combined X% share of total imports. These countries were followed by Turkey and Norway, which together accounted for a further X terms of the main suppliers, Norway (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
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:
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