The Norwegian haulage cranes and overhead cranes market surges to $X in 2021, up X% from the previous year. In general, consumption showed elastic growth. During the period under review, the market hit an all-time high in 2021 and is likely to see steady growth in the years ahead.
In value terms, the total production of transport cranes and overhead cranes in 2021 is estimated at X USD at export prices. Overall, however, production showed a relatively flat trend pattern. The most significant growth rate occurred in 2013, which was an X% increase compared to the previous year. As a result, production peaked at X dollars. Production growth failed to regain momentum from 2014 to 2021.
Norway bridge crane and gantry crane export scale
After two years of growth, overseas shipments of transport cranes, gantry cranes and overhead cranes fell -X% to X units in 2021. Overall, exports fell sharply. 2017 saw the fastest growth, with exports up X% year-on-year. During the period under review, exports reached a record high of X units in 2013; however, from 2014 to 2021, exports have remained at a low level.
In value terms, exports of haulage and overhead cranes shrunk to $X in 2021. Overall, exports continued to show a sharp downward trend. The growth rate was most pronounced in 2017, with exports increasing by X% year-on-year. During the period under review, 10 ton gantry crane exports hit an all-time high of $X in 2013; however, from 2014 to 2021, export volumes were at lower levels.
Turkey (X units) is the main destination for Norway’s transport and overhead crane exports, accounting for X% of total exports. In addition, transport aircraft and overhead cranes were exported to Turkey three times as much as to the second main destination, the Netherlands (X units). In third place is Latvia (X units) with an X% share.
From 2012 to 2021, the average annual growth rate of exports to Turkey totals +X%. Exports to other major destinations recorded the following average annual export growth rates: Netherlands (+X% per annum) and Latvia (+X% per annum).
In value terms, China ($X) remains the leading foreign market for Norwegian haulage and overhead crane exports, accounting for X% of total exports. In second place is Turkey ($X) with X% of total exports. It is followed by Germany with an X% share.
Average annual growth in value to China from 2012 to 2021 totals +X%. Exports to other major destinations recorded the following average annual export growth rates: Turkey (+X% per annum) and Germany (-X% per annum).
Norway bridge crane and gantry crane import scale
Overseas purchases of haulage cranes, gantry cranes and overhead cranes increased by X% to X units in 2021, the third consecutive year of growth after two years of declines. During the period under review, imports showed strong growth. Therefore, imports have peaked and may continue to grow in the short term.
In 2021, the import of transport cranes and overhead cranes reached X USD by value. Overall, imports fell markedly. The growth rate was most pronounced in 2019, when imports increased by X% over the previous year. Imports peaked at $X in 2013; however, imports declined slightly from 2014 to 2021.
Germany (X units) is Norway’s largest supplier of transport and overhead cranes in 2021, accounting for X% of total imports. In addition, Germany imported six times as many transport cranes and overhead cranes as the second largest supplier, China (X units). The third-ranked Serbia (X units) has an X% share.
From 2012 to 2021, the average annual growth rate of sales from Germany is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (+X% per annum) and Serbia (+X% per annum).
Germany ($X) is Norway’s largest supplier of transport and overhead cranes by value, accounting for X% of total imports. In second place is China ($X) with X% of total imports. It is followed by Serbia with an X% share.
From 2012 to 2021, the average annual growth rate in value in Germany totals +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (-X% per annum) and Serbia (+X% per annum).
Statistics of various crane suppliers in Norway
Germany is Norway’s largest supplier of transport and overhead cranes by value, accounting for 26% of total imports. In second place is China, which accounts for 4.7% of total imports. It is closely followed by Serbia with a share of 2%.
In value terms, China remains the main foreign market for Norwegian haulage and overhead crane exports, accounting for 30% of total exports. In second place is Turkey with 11% of total exports. It is followed by Germany with a share of 9.3%.
The average export price of transport and overhead cranes in 2021 will be $6,475 per unit, down -8.6% from the previous year.
In 2021, the average import price of transport cranes and overhead cranes will be USD 10,387 each, a decrease of -29.9% from the previous year.
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