The Canadian crane market fell to X dollars in 2020, down -X% compared to the previous year. During the period under review, total consumption showed moderate growth from 2007 to 2020: its value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, consumption increased by +X% compared to the 2018 index. In 2012, the growth rate was the fastest, with an increase of X% over the previous year. Crane consumption peaked at $X in 2008; however, from 2009 to 2020, consumption was at a lower level.
In terms of value, crane production declined sharply in 2020 to $2020, estimated at export prices. Overall, production declined slightly. The growth rate was most pronounced in 2019, with a year-on-year increase of X%. As a result, production peaked at $X before dropping significantly the following year.
Canada Crane Export Scale
In 2020, approximately X cranes, mobile cranes were exported from Canada; -X% less than the previous year. Overall, there was a marked decline in exports. The growth rate was most pronounced in 2017, with exports increasing by X% year-on-year. During the period under review, exports reached a maximum of X units in 2014; however, from 2015 to 2020, exports were slightly lower.
Crane exports fell sharply to $X in 2020 by value. During the period under review, exports increased slightly. The most notable growth rate occurred in 2017, with an X% increase compared to the previous year. As a result, exports peaked at X dollars. Export growth failed to regain momentum in 2018-20. each
The United States (X units) is the main destination for Canadian crane exports, accounting for approximately X% of total exports.
From 2007 to 2020, the average annual growth rate of exports to the United States was relatively modest.
In terms of value, the United States ($X) remains the main foreign market for Canadian crane exports.
From 2007 to 2020, the value to the U.S. has grown at an average annual rate of +X%.
Canada Crane Import Scale
After two years of decline, overseas purchases of cranes and mobile cranes increased by X% to X units in 2020. But overall, imports continued to show a moderate decline. The most significant growth rate occurred in 2012, with an X% year-on-year increase. During the period under review, imports peaked at X units in 2013; however, from 2014 to 2020, imports decreased slightly.
Crane imports rose rapidly to $X in 2020 by value. But overall, imports have contracted modestly. The most significant growth rate occurred in 2012, with an X% year-on-year increase. Imports peaked at $X in 2013; however, from 2014 to 2020, import volumes have remained low.
China (X units), the United States (X units) and Italy (X units) were the main suppliers of Canadian crane imports, together accounting for X% of total imports. This is followed by Germany, Ireland, Estonia and Slovenia, which have further increased their sourcing growth rates from 2007 to 2020, with Slovenia achieving the most significant sourcing growth rate among major suppliers (annual +X% ), while other leaders saw more modest growth in imports.
Canada’s largest crane suppliers by value are the United States ($X), Germany ($X) and Italy ($X), with X% of total imports. This is followed by China, Ireland, Estonia and Slovenia, which have further increased their import value growth rate by X (+X% per annum) among the major suppliers during the period under review, while other leaders have experienced more buying experience. Moderate growth rate.
Statistics of various crane suppliers in Canada
The United States ($88 million), Germany ($79 million) and Italy ($46 million) appear to be Canada’s largest crane suppliers by value, together accounting for 55% of total imports. This is followed by China, Ireland, Estonia and Slovenia, which together account for 16%.
In terms of value, the United States ($113 million) remains the main foreign market for Canadian crane exports.
In 2020, the average export price of cranes was US$52,545 per unit, up 12% from the previous year.
The average import price of cranes in 2020 was USD 11,621 per unit, down -14.9% from the previous year.
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