Cranes; Tower Cranes Price in Russia - 2022

Contents:

  1. Cranes; Tower Cranes Price in Russia (CIF) - 2022
  2. Cranes; Tower Cranes Price in Russia (FOB) - 2022
  3. Cranes; Tower Cranes Imports in Russia
  4. Cranes; Tower Cranes Exports in Russia

Cranes; Tower Cranes Price in Russia (CIF) - 2022

In 2022, the average cranes; tower cranes import price amounted to $104,181 per unit, with a decrease of -58.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 123%. As a result, import price attained the peak level of $253,586 per unit, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($131,177 per unit), while the price for Georgia totaled $17,443 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Price in Russia (FOB) - 2022

The average cranes; tower cranes export price stood at $30,904 per unit in 2022, surging by 43% against the previous year. In general, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 166% against the previous year. The export price peaked at $141,827 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -4.5% per year.

Cranes; Tower Cranes Imports in Russia

After two years of decline, overseas purchases of cranes; tower craneses increased by 92% to 440 units in 2022. Overall, imports, however, showed a deep slump. Over the period under review, imports reached the maximum at 577 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cranes; tower cranes imports dropped sharply to $46M in 2022. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Imports peaked at $83M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cranes; Tower Cranes in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.02.60.844.0144.8%
GeorgiaN/AN/AN/A1.80%
Spain1.42.50.4N/A-46.5%
China63.613.729.4N/A-32.0%
Lithuania2.90.2N/AN/A-93.1%
Poland2.46.33.0N/A11.8%
Denmark7.46.13.4N/A-32.2%
Others2.52.321.2N/A191.2%
Total83.233.658.145.8-18.0%

Top Suppliers of Cranes; Tower Cranes to Russia in 2022:

  1. Turkey (335.0 units)
  2. Georgia (104.0 units)

Cranes; Tower Cranes Exports in Russia

In 2022, the amount of cranes; tower craneses exported from Russia reduced to 154 units, with a decrease of -10.5% on the previous year's figure. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 219% against the previous year. The exports peaked at 273 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cranes; tower cranes exports skyrocketed to $4.8M in 2022. In general, exports saw a dramatic downturn. The exports peaked at $11M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cranes; Tower Cranes in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan6.80.20.14.8-11.0%
Kazakhstan0.20.42.7N/A267.4%
Germany2.42.6N/AN/A8.3%
Poland0.61.00.1N/A-59.2%
Belarus0.1N/A0.7N/A164.6%
Others0.91.60.2N/A-52.9%
Total11.05.83.74.8-24.2%

Top Export Markets for Cranes; Tower Cranes from Russia in 2022:

  1. Uzbekistan (154.0 units)

Source: IndexBox Market Intelligence Platform

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