Cranes; Tower Cranes Price in India - 2023
Contents:
- Cranes; Tower Cranes Price in India (CIF) - 2022
- Cranes; Tower Cranes Price in India (FOB) - 2022
- Cranes; Tower Cranes Imports in India
- Cranes; Tower Cranes Exports in India
Cranes; Tower Cranes Price in India (CIF) - 2022
The average cranes; tower cranes import price stood at $86,366 per unit in 2022, with a decrease of -31.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 67%. As a result, import price reached the peak level of $126,592 per unit, and then dropped notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($310,265 per unit), while the price for Singapore ($57,709 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Price in India (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $53,582 per unit, reducing by -16.9% against the previous year. In general, the export price, however, saw a modest expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 87%. Over the period under review, the average export prices reached the maximum at $66,527 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($72,124 per unit), while the average price for exports to Nepal ($39,455 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cranes; Tower Cranes Imports in India
Cranes; tower cranes imports into India soared to 106 units in 2022, with an increase of 165% compared with the previous year's figure. Overall, imports, however, continue to indicate a deep contraction. Over the period under review, imports hit record highs at 175 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, cranes; tower cranes imports surged to $9.2M in 2022. Over the period under review, imports, however, recorded a abrupt decrease. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Cranes; Tower Cranes in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 11.9 | 1.5 | 6.2 | -12.0% |
| France | 2.3 | 0.7 | 1.1 | 1.3 | -17.3% |
| Spain | N/A | 0.1 | 0.5 | 0.6 | 144.9% |
| Bahrain | 0.1 | 0.3 | 0.4 | 0.5 | 71.0% |
| Singapore | 1.5 | 0.1 | 0.1 | 0.5 | -30.7% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 1.3 | 0.2 | 1.5 | N/A | 7.4% |
| Total | 14.4 | 13.3 | 5.0 | 9.2 | -13.9% |
Top Suppliers of Cranes; Tower Cranes to India in 2022:
- China (82.0 units)
- Singapore (9.0 units)
- Spain (6.0 units)
- Bahrain (5.0 units)
- France (4.0 units)
Cranes; Tower Cranes Exports in India
In 2022, the amount of cranes; tower craneses exported from India soared to 79 units, picking up by 34% against the previous year. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at 83 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, cranes; tower cranes exports expanded markedly to $4.2M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 82%. As a result, the exports attained the peak of $4.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cranes; Tower Cranes in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 83.5 | 527 | 609 | 2,107 | 193.3% |
| Bangladesh | 817 | 337 | 108 | 1,084 | 9.9% |
| Nepal | 375 | 408 | 299 | 1,034 | 40.2% |
| Nigeria | N/A | 481 | N/A | N/A | 0% |
| Germany | N/A | N/A | 1,674 | N/A | 0% |
| Egypt | N/A | 345 | 514 | N/A | 49.0% |
| Qatar | N/A | 1,740 | N/A | N/A | 0% |
| Others | 1,309 | 860 | 574 | 11.8 | -79.2% |
| Total | 2,585 | 4,698 | 3,777 | 4,237 | 17.9% |
Top Export Markets for Cranes; Tower Cranes from India in 2022:
- United Arab Emirates (29.0 units)
- Nepal (26.0 units)
- Bangladesh (22.0 units)
248
This report provides an in-depth analysis of the market for tower and portal cranes in India.
464
This report provides an in-depth analysis of the crane market in India.
468
This report provides an in-depth analysis of the vehicle-mounted lifting equipment market in India.
377
This report provides an in-depth analysis of the lifting equipment market in India.
350
This report provides an in-depth analysis of the mobile lifting frame market in India.
470
This report provides an in-depth analysis of the overhead travelling crane market in India.
330
This report provides an in-depth analysis of the self-propelled lifting equipment market in India.
413
This report provides an in-depth analysis of the market for transporter and bridge cranes in India.
346
This report provides an in-depth analysis of the global market for tower and portal cranes.
2004
This report provides an in-depth analysis of the global crane market.
339
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
774
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
769
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
1042
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1070
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1962
China never ceases to impress: the latest luffing jib crane produced at Manitowoc's Zhangjiagang plant is believed to be one of the most flexible and versatile cranes in the world. This MCR X crane has a ten ton capacity and up to X meters of main
339
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
774
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
769
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
1042
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
