Saudi Arabia - Truck Cranes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTruck Crane Price in Saudi Arabia - 2021
Contents:
- Truck Crane Price in Saudi Arabia (CIF) - 2022
- Truck Crane Price in Saudi Arabia (FOB) - 2022
- Truck Crane Imports in Saudi Arabia
- Truck Crane Exports in Saudi Arabia
Truck Crane Price in Saudi Arabia (CIF) - 2022
In 2021, the average truck crane import price amounted to $255,999 per unit, jumping by 167% against the previous year. Overall, the import price showed buoyant growth. The import price peaked at $270,725 per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($929,577 per unit), while the price for Italy ($82,129 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Truck Crane Price in Saudi Arabia (FOB) - 2022
In 2021, the average truck crane export price amounted to $12,114 per unit, surging by 2.5% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 199% against the previous year. Over the period under review, the average export prices attained the peak figure at $15,688 per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Algeria ($303,853 per unit), while the average price for exports to Egypt totaled $93,425 per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+155.0%), while the prices for the other major destinations experienced more modest paces of growth.
Truck Crane Imports in Saudi Arabia
In 2022, imports of truck cranes into Saudi Arabia soared to 149 units, growing by 42% against the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 371%. As a result, imports attained the peak of 193 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, truck crane imports fell dramatically to $23M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 66%. Imports peaked at $27M in 2021, and then declined remarkably in the following year.
Import of Truck Crane in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Czech Republic | N/A | 7.0 | 18.7 | 167.1% | |
China | 2.8 | 1.6 | 5.7 | 42.7% | |
United States | 0.4 | N/A | 0.9 | 50.0% | |
Italy | N/A | 0.4 | 0.6 | 50.0% | |
Germany | 7.2 | 7.9 | 0.6 | -71.1% | |
South Korea | 0.4 | N/A | 0.3 | -13.4% | |
United Kingdom | N/A | 0.8 | 0.2 | -75.0% | |
Japan | N/A | 0.3 | N/A | 0% | |
Others | 0.3 | 0.4 | N/A | 33.3% | |
Total | 11.1 | 18.5 | 26.9 | 55.7% |
Top Suppliers of Truck Crane to Saudi Arabia in 2022:
- Czech Republic (47.0 units)
- China (35.0 units)
- Italy (7.0 units)
- United States (3.0 units)
- South Korea (2.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
Truck Crane Exports in Saudi Arabia
In 2022, exports of truck cranes from Saudi Arabia totaled 4 units, remaining relatively unchanged against the previous year. Overall, exports saw a abrupt decline. The smallest decline of -16.7% was in 2020. Over the period under review, the exports reached the peak figure at 6 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, truck crane exports rose significantly to $54K in 2022. In general, exports saw a deep contraction. The exports peaked at $72K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Truck Crane in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Algeria | 123 | 133 | 304 | 57.2% | |
Egypt | 3.5 | 2.2 | 187 | 630.9% | |
Jordan | 9.0 | 3.4 | N/A | -62.2% | |
Yemen | 13.7 | 11.9 | N/A | -13.1% | |
Romania | N/A | 88.9 | N/A | 0% | |
Others | -77.4 | -180.3 | -442.2 | 139.0% | |
Total | 72.0 | 59.1 | 48.5 | -17.9% |
Top Export Markets for Truck Crane from Saudi Arabia in 2022:
- Egypt (2.0 units)
- Algeria (1.0 units)
This report provides an in-depth analysis of the truck crane market in Saudi Arabia. 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 29105100 - Crane lorries
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for truck cranes in 2023 and discover the key countries driving the global demand for these essential pieces of equipment.
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
Explore the top import markets for road-sweepers, mobile workshops, and other special purpose vehicles based on import values in 2023. Discover the key countries driving the global market for specialized vehicles.
Explore the top import markets for truck cranes in 2023 and discover the key countries driving the global demand for these essential pieces of equipment.
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
In 2016, approx. X tons of crane were imported worldwide- lowering by -X% against the previous year level. In general, crane imports continue to indicate a mild setback. The most prominent rate...
Explore the top import markets for road-sweepers, mobile workshops, and other special purpose vehicles based on import values in 2023. Discover the key countries driving the global market for specialized vehicles.