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Russian Federation Overhead Crane Market 2022 Size, Trend, Analysis

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Post time 2022-3-23 10:08:57 |Show all posts
From January to June 2021, China and the Russian Federation increased by US$ 13,919,962,400 compared with the same period in 2020, a year-on-year increase of 28.2%.

From January to June 2021, the total value of China’s exports to the Russian Federation was US$28,946.3642 million, an increase of US$8,010.3252 million compared with the same period in 2020, a year-on-year increase of 38.4%; the total value of China’s imports from the Russian Federation was US$34,129.1522 million, compared with In the same period in 2020, it increased by US$5,909,637,200, a year-on-year increase of 20.6%.

From the data point of view, the economic and trade exchanges between China and Russia continue to develop well, and the friendly relationship between the two countries is also unbreakable. However, due to the developed industry in Russia, the international demand for cranes is not very strong, and the sales volume of Dongqi Crane in Russia is not high. In the past 2021, a total of two crane project cooperation orders have been completed in Russia. Dongqi Crane is still working hard to open up the Russian crane market. This article will introduce the import and export data of Russian overhead cranes, forecast and look forward to the changes and development trends of the Russian overhead crane market in 2022.

Some Questions About the World Overhead Crane Market

Before we start discussing the aerial crane market in Russian Federation, 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 Russian Federation?
    • In value terms, the largest overhead travelling crane suppliers to Russia were Ukraine ($11M), Austria ($6.9M) and Finland ($4.6M), together accounting for 52% of total imports. China, Italy, Turkey, Germany, Belarus, Bulgaria and Lithuania lagged somewhat behind, together accounting for a further 32%.
  • What are the leading importers of overhead travelling cranes on fixed support from the Russian Federation?
    • In value terms, Uzbekistan ($5.1M) remains the key foreign market for overhead travelling crane exports from Russia, comprising 30% of total exports. The second position in the ranking was occupied by Kazakhstan ($1.8M), with a 10% share of total exports. It was followed by Belarus, with a 7.1% share.
  • What is the average export price for overhead travelling cranes on fixed support in the Russian Federation?
    • In 2020, the average overhead travelling crane export price amounted to $22,048 per unit, with an increase of 34% against the previous year.
  • What is the average import price for overhead travelling cranes on fixed support in the Russian Federation?
    • The average overhead travelling crane import price stood at $29,005 per unit in 2020, with a decrease of -19.1% against the previous year.

Data source: https://www.indexbox.io/store/russian-federation-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/

Russian Federation Overhead Crane Market Size

The Russian Overhead Crane Market has surged to $X in 2020, growing by X% year-on-year. From 2007 to 2020, the market capitalization has grown at an average annual rate of +X%; the trend pattern indicates some significant fluctuations in certain years. The most significant growth rate occurred in 2018, when the market cap increased by X% year-over-year. As a result, consumption reaches a peak level of X dollars. From 2019 to 2020, the market growth rate will remain at a low level.

By value, the production of overhead cranes soared to X dollars in 2020, estimated at export prices. During the period under review, total production has grown significantly from 2007 to 2020: its 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. Based on 2020 data, production is down -X% compared to the 2018 index. 2018 appears to have seen the fastest growth, with an X% increase over the previous year. As a result, production reached a peak level of X dollars. Production growth failed to regain momentum in 2019-20.

Russian Federation overhead crane market export scale

In 2020, the number of fixed-support overhead cranes exported by Russia significantly shrank to X units, a year-on-year decrease of -X%. However, during the period under review, exports recorded strong growth. The fastest growth in 2016, exports increased by X% year-on-year. As a result, exports peaked at X units. Export growth failed to regain momentum between 2017 and 2020.

In value terms, 2020 overhead crane exports dropped significantly to $X. But overall, exports showed strong growth. The most significant growth rate occurred in 2019, when exports increased by X% over the previous year. As a result, exports peaked at X dollars and then fell significantly the following year.

Uzbekistan (X units) is the main destination for Russian bridge crane exports, accounting for X% of total exports. In addition, the export of overhead cranes to Uzbekistan was four times that to the second main destination, Kazakhstan (X units). Kyrgyzstan (X units) occupies the third position in the ranking with a share of X%.

From 2007 to 2020, the average annual growth rate of exports to Uzbekistan was +X%. Exports to other major destinations recorded the following average annual export growth rates: Kazakhstan (+X% per annum) and Kyrgyzstan (+X% per annum).

In terms of value, Uzbekistan ($X) remains the main foreign market for Russian overhead crane exports, accounting for X% of total exports. In second place is Kazakhstan ($X) with X% of total exports. It is followed by Belarus 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: Kazakhstan (-X% per annum) and Belarus (+X% per annum).

Import Scale of Overhead Crane Market in Russian Federation

In 2020, the import volume of Russian bridge cranes decreased to X units, a year-on-year decrease of -X%. Overall, however, imports recorded a moderate increase. In 2011, the growth rate was the fastest, with an increase of X% year-on-year. During the period under review, imports peaked at X units in 2012; however, from 2013 to 2020, imports declined slightly.

Overhead crane imports fell sharply to $X in 2020 by value. However, imports continued to decline significantly during the period under review. In 2011, the growth rate was the fastest, with an increase of X% year-on-year. Imports peaked at $X in 2008; however, from 2009 to 2020, import volumes have remained low.

In 2020, Austria (X units) was the largest supplier of overhead cranes in Russia, accounting for X% of total imports. In addition, bridge cranes imported from Austria were twice as high as the number recorded by the second largest supplier, Bulgaria (X units). Finland (X units) ranks third in terms of total imports with an X% share.

From 2007 to 2020, the average annual growth rate of Austrian exports totaled +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Bulgaria (+X% per annum) and Finland (+X% per annum).

Ukraine ($X), Austria ($X) and Finland ($X) are Russia’s largest overhead crane suppliers by value, accounting for X% of total imports. This is followed by China, Italy, Turkey, Germany, Belarus, Bulgaria and Lithuania, which together account for an additional X terms of major suppliers, with Belarus (+X% per annum) showing the highest growth in import value during the period under review , while procurement by other leaders experienced a more modest pace of growth.

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Russian Federation Overhead Crane Market 2022 Size, Trend, Analysis


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Post time 2022-4-14 12:37:09 |Show all posts
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