Report Update: May 1, 2024

India - Transporter Cranes, Gantry Cranes And Bridge Cranes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Transporter and Bridge Cranes in India - 2023

Price for Transporter and Bridge Cranes in India (CIF) - 2022

In 2022, the average transporter and bridge cranes import price amounted to $83,536 per unit, shrinking by -5.2% against the previous year. Overall, the import price recorded a mild setback. The pace of growth was the most pronounced in 2020 an increase of 23%. As a result, import price attained the peak level of $105,856 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($83,536 per unit) and Japan ($83,536 per unit), while the price for China ($83,536 per unit) and Germany ($83,536 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Transporter and Bridge Cranes in India (FOB) - 2022

In 2022, the average transporter and bridge cranes export price amounted to $87,724 per unit, dropping by -12.1% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, transporter and bridge cranes export price increased by +9.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices attained the peak figure at $99,826 per unit in 2021, and then declined in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($87,724 per unit) and Nepal ($87,724 per unit), while the average price for exports to Nigeria ($87,724 per unit) and Kenya ($87,724 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Transporter and Bridge Cranes in India

Transporter and bridge cranes imports into India soared to 2.1K units in 2022, growing by 25% on the year before. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, transporter and bridge cranes imports surged to $179M in 2022. Over the period under review, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Transporter and Bridge Cranes in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	101	75.2	128	152	14.6%
Japan	19.9	18.5	N/A	10.4	-19.5%
Vietnam	21.7	N/A	N/A	6.6	-32.7%
Saudi Arabia	0.7	0.1	N/A	3.6	72.6%
Germany	4.4	9.0	4.3	1.0	-39.0%
Belgium	8.2	N/A	0.8	N/A	-68.8%
Others	7.9	8.2	18.0	5.7	-10.3%
Total	163	111	151	179	3.2%

Top Suppliers of Transporter and Bridge Cranes to India in 2022:

China (1818.0 units)
Japan (124.0 units)
Vietnam (80.0 units)
Saudi Arabia (43.0 units)
Germany (12.0 units)

Exports of Transporter and Bridge Cranes in India

In 2022, approx. 127 units of transporter cranes, gantry cranes and bridge cranes were exported from India; surging by 17% compared with 2021 figures. Overall, exports, however, continue to indicate a dramatic descent. The exports peaked at 293 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, transporter and bridge cranes exports expanded slightly to $11M in 2022. Over the period under review, exports, however, showed a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports reached the peak figure at $23M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Transporter and Bridge Cranes in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Maldives	N/A	N/A	N/A	3.6	0%
Philippines	N/A	N/A	0.2	2.5	1150.0%
China	N/A	N/A	0.3	2.5	733.3%
Bangladesh	3.4	0.4	5.0	0.5	-47.2%
Nepal	1.5	0.6	0.8	0.4	-35.6%
Bhutan	0.1	0.1	N/A	0.4	58.7%
United Arab Emirates	0.1	N/A	0.5	0.3	44.2%
Kenya	0.1	0.2	0.3	0.2	26.0%
Nigeria	5.8	1.4	0.5	0.1	-74.2%
Sri Lanka	4.7	0.6	0.1	N/A	-85.4%
Indonesia	3.5	N/A	N/A	N/A	0%
Myanmar	1.4	N/A	N/A	N/A	0%
Others	2.8	5.3	3.2	0.7	-37.0%
Total	23.4	8.5	10.9	11.1	-22.0%

Top Export Markets for Transporter and Bridge Cranes from India in 2022:

Maldives (41.0 units)
Philippines (28.0 units)
China (28.0 units)
Bangladesh (6.0 units)
Bhutan (5.0 units)
Nepal (5.0 units)
United Arab Emirates (3.0 units)
Kenya (2.0 units)
Nigeria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for transporter and bridge cranes in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221435 - Transporter cranes, gantry cranes and bridge cranes

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023