The Iranian crane market grew X% to X dollars in 2020, rising for the second year in a row after seven consecutive years of decline. Overall, however, there was a sudden setback in consumption. During the period under review, the market peaked at $X in 2011; however, from 2012 to 2020, consumption was at a lower level.
Iran Crane Export Scale
In 2020, approximately X cranes, mobile cranes were exported from Iran; -X% decrease compared to 2019 figures. Overall, exports continued to decline significantly. The fastest growth in 2018, with exports up X% year-on-year. Exports peaked at X units in 2009; however, from 2010 to 2020, export figures were slightly lower.
Crane exports fell sharply to $X in 2020 by value. Overall, exports continued to show a relatively stable trend pattern. The growth rate was most pronounced in 2015, with exports increasing by X% year-on-year. During the period under review, exports peaked at $X in 2018; however, from 2019 to 2020, exports were slightly lower.
The United Arab Emirates (X units), Kazakhstan (X units) and Turkey (X units) were the main destinations for Iranian crane exports, together accounting for X% of total exports. From 2007 to 2020, among the major destination countries, Turkey achieved the most significant growth in shipments, while exports from other countries grew at a more moderate rate.
In terms of value, Uzbekistan ($X) remains the leading foreign market for Iranian crane exports, accounting for X% of total exports. In second place is Tajikistan ($X) with X% of total exports. It is followed by Turkey with an X% share.
From 2007 to 2020, the average annual growth rate of value to Uzbekistan totals +X%.
Exports to other major destinations recorded the following average annual export growth rates: Tajikistan (X% per annum) and Turkey (+X% per annum).
Iran Crane Import Scale
In 2020, overseas purchases of cranes and mobile cranes increased by X% to X units, increasing for the second consecutive year after two years of declines. Overall, however, imports fell sharply. The growth rate was most pronounced in 2019, with a year-on-year increase of X%. During the period under review, imports reached an all-time high for X units in 2011; however, from 2012 to 2020, imports have remained at low levels.
Crane imports surged to $X in 2020 by value. But overall, imports contracted sharply. Imports peaked at $X in 2007; however, from 2008 to 2020, import figures were slightly lower.
Germany (X units), Spain (X units) and Turkey (X units) are the main suppliers of crane imports to Iran, accounting for X% of total imports.
Turkey saw the largest increase in purchases from 2007 to 2020, while other leaders saw more modest growth.
Iran’s largest crane suppliers by value are China ($X), Germany ($X) and India ($X), which together account for X% of total imports. Spain, Turkey, Austria and Bulgaria were slightly behind, with an additional X of the major suppliers in the period under review showing the highest growth in import value, while the other leaders saw more modest growth in purchases.
Statistics of various crane suppliers in Iran
Iran’s largest crane suppliers by value are China, Germany and India, which together account for 77% of total imports. It is followed by Spain, Turkey, Austria and Bulgaria, which together account for 22%.
In terms of value, Uzbekistan remains the main foreign market for Iranian crane exports, accounting for 82% of total exports. In second place was Tajikistan, which accounted for 6.6% of total exports. It is followed by Turkey with a share of 4.4%.
The average export price of cranes in 2020 was US$56,990 per unit, an increase of 1,643% over the previous year.
The average price of crane imports in 2020 was US$5,702 per unit, up 8.3% from the previous year.
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