The French lifting equipment market fell to $X in 2021, shrinking by -X% from the previous year. Overall, consumption continued to show a relatively flat trend pattern. As a result, consumption reaches a peak level of X dollars. From 2017 to 2021, the market growth rate will remain at a low level.
In value terms, hoisting equipment production contracts sharply to $X in 2021 (estimated at export prices). Overall, total production has grown slightly from 2012 to 2021: its value has grown at an average annual rate of +X% over the past nine years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. Based on 2021 data, production has increased by +X% compared to the 2019 index. Growth was the fastest in 2020, up X% from the previous year. During the period under review, production peaked at $X in 2016; however, from 2017 to 2021, production has been at lower levels.
The scale of French lifting equipment exports
In 2021, French hoisting equipment exports surged to X units, an increase of X% over the previous year. During the period under review, exports grew strongly. The growth rate was most pronounced in 2013, when exports rose by X%. During the period under review, exports peaked in 2021 and are expected to maintain growth in the near future.
Lifting equipment exports soar to $X in 2021 by value. But overall, exports showed a relatively stable trend. Exports peaked at $X in 2013; however, from 2014 to 2021, exports have remained low.
Spain (X units), Jordan (X units) and the Netherlands (X units) are the main destinations for French lifting equipment exports, accounting for X% of total exports. Côte d’Ivoire, Bulgaria, Switzerland, Senegal, Portugal, Mali, the United Kingdom, Georgia, Germany and Poland are some of the laggards with the most significant growth in shipments between 2012 and 2021, with the main destination country being Georgia ( CAGR of +X%), while other leaders have seen more modest growth.
By value, the largest markets for lifting equipment exports from France are Spain ($X), the Netherlands ($X), and the United Kingdom ($X), accounting for X% of total exports. Portugal, Côte d’Ivoire, Germany saw major destination country export volumes increase during the reporting period, while shipments from other leaders grew at a more moderate pace.
Import scale of lifting equipment in France
In 2021, French hoisting equipment imports surged to X units, an increase of X% over the previous year. But overall, imports shrank slightly. The fastest growth was in 2015, with imports increasing by X% year-on-year. During the period under review, imports reached an all-time high of X units in 2012; however, from 2013 to 2021, imports have been at a low level.
Lifting equipment imports surge to $X by value in 2021. Overall, imports rose slightly. The most significant growth rate occurred in 2015, with an increase of X%. Imports peaked at $X in 2019; however, imports were slightly lower from 2020 to 2021.
Italy (X units), Poland (X units) and Germany (X units) are the main suppliers of lifting equipment imports to France, accounting for X% of total imports.
From 2012 to 2021, the largest increase was in Poland (+X% CAGR), while other leaders saw more modest growth in procurement.
The largest lifting equipment suppliers to France by value are Italy ($X), Germany ($X) and the United Kingdom ($X), with X% of total imports. This is followed by Spain, China, Poland and Belgium, which together account for X terms of major suppliers, Poland with a CAGR of +X% and the highest growth rate in import value during the period under review, while Purchases by other leaders experienced more modest growth rates
Statistics of various crane suppliers in France
By value, France’s largest suppliers of lifting equipment are Italy, Germany and the United Kingdom, which together account for 69% of total imports. Spain, China, Poland and Belgium are slightly behind, with a combined 16%.
In value terms, Spain, the Netherlands and the UK appear to be the largest markets for French hoisting equipment exports globally, accounting for 43% of total exports. Portugal, Côte d’Ivoire, Germany, Jordan, Switzerland, Bulgaria, Mali, Senegal, Georgia and Poland are slightly behind, with a combined 30%.
The average export price of hoisting equipment in 2021 will be US$1,646/unit, down -10.6% from the previous year.
The average import price of hoisting equipment in 2021 is $1,754 per unit, down -21.7% from the previous year.
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