In 2020, after four years of decline, the Turkish crane market saw growth, increasing its value by X% to X dollars. Overall, consumption contracted slightly. The most significant growth rate occurred in 2015, which was an X% increase compared to the previous year. As a result, spending reached the highest level of X dollars. From 2016 to 2020, the market growth rate remained at a low level.
In value terms, 2020 crane production is estimated at X dollars at export prices. Overall, however, yields have increased significantly. The fastest growth in 2010 was X% over the previous year. Crane production peaked at $X in 2015; however, production has remained low from 2016 to 2020.
Turkish crane export scale
In 2020, Turkish crane exports reached X units, about the previous year. Overall, exports have grown significantly. The growth rate was most pronounced in 2012, when exports increased by X% year-on-year. During the period under review, exports in 2018 hit a record high of X units; however, from 2019 to 2020, the export figures were slightly lower.
Crane exports fell to X dollars in 2020 by value. During the period under review, there was a significant increase in exports. In 2012, the growth rate was the fastest, with an increase of X% year-on-year. Exports peaked at $X in 2019, then contracted the following year.
Uzbekistan (X units), Iraq (X units) and Russia (X units) were the main destinations for Turkish crane exports, accounting for X% of total exports. This is followed by Israel, Azerbaijan, Tajikistan, Algeria, Serbia, Netherlands, Egypt, Georgia, Iran and France, which saw the largest growth in shipments between 2007 and 2020, including major destination countries It is Tajikistan (+X% per annum), while other leaders have more modest export growth rates.
In value terms, Russia ($X), Uzbekistan ($X) and Iraq ($X) are the largest markets for Turkey’s global crane exports, accounting for X% of total exports. This is followed by Algeria, Israel, Tajikistan, Azerbaijan, Netherlands, Georgia, Iran, Egypt, Serbia and France, which together account for a further X number of major destination countries, France (+X% per year) during the review period, Export values saw the highest growth rate, while other leaders saw more modest growth in shipments.
Turkish Crane Import Scale
In 2020, Turkey’s crane imports surged to X units, an increase of X% year-on-year. Overall, however, imports continued to show a marked contraction. Imports peaked at X units in 2015; however, from 2016 to 2020, imports failed to regain momentum.
Crane imports surged to $X in 2020 by value. During the period under review, however, there was a marked drop in imports. Imports peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain momentum.
Germany (X units), China (X units) and the Netherlands (X units) are the main suppliers of cranes imported into Turkey, together accounting for X% of total imports. This is followed by Japan, Croatia, Poland and Italy, which further increased their purchases by a factor of X from 2007 to 2020, with the largest increase being Croatia (+X% per annum), while other leaders’ purchases The growth rate is moderate.
By value, Turkey’s largest crane suppliers are Germany ($X), China ($X) and Croatia ($X), which together account for X% of total imports.
Croatia (+X% per annum) had the highest growth in import value among the major suppliers during the period under review, while other leaders saw more modest growth in purchases.
Statistics of various crane suppliers in Turkey
Turkey’s largest crane suppliers by value are Germany, China and Croatia, which together account for 70% of total imports.
The largest markets for Turkish crane exports by value are Russia, Uzbekistan and Iraq, which together account for 27% of total exports. This is followed by Algeria, Israel, Tajikistan, Azerbaijan, the Netherlands, Georgia, Iran, Egypt, Serbia and France, which together account for another 31 percent.
The average export price of cranes in 2020 was USD 2,296 per unit, down -11.1% from the previous year.
In 2020, the average import price of cranes was USD 4,704 per unit, down -6.7% from the previous year.
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