Denmark Crane Market Study 2022

 The Danish crane market fell rapidly to $X in 2020, down -X% from the previous year. During the review period, consumption suddenly decreased. The growth rate was most pronounced in 2019, when market cap increased by X% over the previous year. Crane consumption peaked at $X in 2015; however, consumption has remained low from 2016 to 2020.

In value terms, crane production in 2020 fell sharply to $X (estimated at export prices). During the period under review, production showed a relatively stable trend pattern. In 2008, the growth rate was the fastest, with an increase of X% year-on-year. Crane production peaked at $X in 2019 before falling significantly the following year.

NLX FEM standard Underslung Crane

Danish crane export scale

In 2020, the export volume of cranes and mobile cranes in Denmark surged to X units, an increase of X% year-on-year. Overall, exports continued to expand significantly. The most significant growth rate was recorded in 2018, with a year-on-year increase of X%. As a result, exports peaked at X units. From 2019 to 2020, the growth rate of exports will remain at a low level.

In terms of value, crane exports fell to X dollars in 2020. During the period under review, total exports showed moderate growth from 2007 to 2020: their 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, exports increased by +X% compared to the 2016 index. In 2014, the growth rate was the fastest, with an increase of X% year-on-year. During the period under review, exports hit an all-time high of $X in 2019 before falling the following year.

Guyana (X units) is the main destination for Danish crane exports, accounting for X% of total exports. In addition, the number of cranes exported to Guyana exceeded three times the number exported to the second major destination, Indonesia (X units). The United States (X units) ranks third in total exports with a share of X%.

From 2007 to 2020, the average annual growth rate of shipments to Guyana has been relatively modest. Exports to other major destinations recorded the following average annual export growth rates: Indonesia (+X% per annum) and the United States (+X% per annum).

In value terms, the US ($X), UK ($X) and Germany ($X) appear to be the largest markets for Denmark’s global crane exports, together accounting for X% of total exports. The Netherlands, Norway, Indonesia, France, Austria, China, Australia, Taiwan (China) and Guyana are slightly behind, which together constitute an additional X terms of the main destination country, Taiwan (China) (+X% per year) recorded in the review During the period, the growth rate of export value was the highest, while the growth rate of shipments of other leaders was more moderate.

Danish crane import scale

In 2020, foreign purchases of cranes, mobile cranes decreased -X% to X units, the second consecutive year of decline after four years of growth. However, imports continued to show strong growth during the period under review. The growth rate was most pronounced in 2012, with a year-on-year increase of X%. As a result, imports peaked at X units. Import growth remained low between 2013 and 2020. Crane imports plummeted to $X in 2020 by value. But overall, imports fell significantly. The growth rate was most pronounced in 2012, with an X% increase over the previous year. During the period under review, imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain momentum.
Italy (X units), Sweden (X units) and Germany (X units) are the main suppliers of Danish crane imports, accounting for X% of total imports. From 2007 to 2020, the largest increase was in Italy, while other leaders saw more modest growth in purchases.
Germany ($X), Sweden ($X) and Austria ($X) are Denmark’s largest crane suppliers by value, accounting for X% of total imports. This is followed by Spain, Italy, the Netherlands and Norway, which recorded the highest growth in import value over the period under review in terms of major supplier countries, while the other leading countries recorded the highest growth in import value. experienced a more moderate pace of growth.

Statistics of various crane suppliers in Denmark

Denmark’s largest crane suppliers by value are Germany, Sweden and Austria, which together account for 63% of total imports. Spain, Italy, the Netherlands and Norway are slightly behind, with a combined 31%.

The largest markets for Danish crane exports by value are the US, UK and Germany, which together account for 37% of total exports. The Netherlands, Norway, Indonesia, France, Austria, China, Australia, Taiwan) and Guyana are slightly behind with a combined 37%.

The average export price of cranes in 2020 was USD 43,870 per unit, a decrease of -52.3% from the previous year.

The average import price of cranes in 2020 was USD 40,489 per unit, down -15.9% from the previous year.

Dongqi’s crane service in the Denmark

We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you need to customize a crane, we need to obtain your requirements for cranes. Taking overhead cranes as an example, we need you to provide the following product parameters, you can leave a message on the website or Email: sales010@cranesdq.com, tell us the following information, and our sales manager will contact you

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