China - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounting Lifting Equipment Price in China - 2023
Contents:
- Mounting Lifting Equipment Price in China (FOB) - 2022
- Mounting Lifting Equipment Price in China (CIF) - 2023
- Mounting Lifting Equipment Exports in China
- Mounting Lifting Equipment Imports in China
Mounting Lifting Equipment Price in China (FOB) - 2022
In 2022, the average mounting lifting equipment export price amounted to $20,330 per unit, approximately reflecting the previous year. In general, the export price posted a perceptible increase. The growth pace was the most rapid in 2014 an increase of 60% against the previous year. Over the period under review, the average export prices attained the peak figure at $35,016 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($54,920 per unit), while the average price for exports to Malaysia ($10,363 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.0%), while the prices for the other major destinations experienced a decline.
Mounting Lifting Equipment Price in China (CIF) - 2023
In May 2023, the average mounting lifting equipment import price amounted to $13,505 per unit, increasing by 12% against the previous month. Overall, the import price saw a slight increase. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 52% against the previous month. The import price peaked at $27,108 per unit in March 2023; afterwards, it flattened through to May 2023.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Italy ($14,200 per unit), while the price for Austria amounted to $5,860 per unit.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Mounting Lifting Equipment Exports in China
In 2022, the amount of lifting equipment designed for mounting on road vehicles exported from China skyrocketed to 2.2K units, picking up by 44% compared with 2021 figures. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mounting lifting equipment exports soared to $44M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Mounting Lifting Equipment in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.0 | 2.8 | 5.9 | 9.8 | 114.0% |
| Thailand | 1.7 | 1.6 | 3.9 | 5.5 | 47.9% |
| Belarus | N/A | N/A | N/A | 5.1 | 0% |
| Indonesia | 1.0 | 0.3 | 1.3 | 3.8 | 56.0% |
| Philippines | 1.3 | 0.9 | 1.5 | 1.9 | 13.5% |
| Malaysia | 0.3 | 0.3 | 0.4 | 1.5 | 71.0% |
| Canada | 1.4 | 1.8 | 0.1 | 1.3 | -2.4% |
| Myanmar | N/A | 1.1 | 0.7 | 1.0 | -4.7% |
| Kazakhstan | 0.5 | 0.4 | 0.8 | 0.7 | 11.9% |
| Saudi Arabia | 0.9 | 0.5 | 0.1 | 0.6 | -12.6% |
| South Africa | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
| Others | 7.5 | 9.7 | 15.4 | 12.6 | 18.9% |
| Total | 16.1 | 19.7 | 30.4 | 44.2 | 40.0% |
Top Export Markets for Mounting Lifting Equipment from China in 2022:
- Russia (508.0 units)
- Thailand (498.0 units)
- Indonesia (177.0 units)
- Malaysia (149.0 units)
- Philippines (148.0 units)
- Belarus (93.0 units)
- Myanmar (69.0 units)
- Kazakhstan (58.0 units)
- Saudi Arabia (29.0 units)
- Canada (20.0 units)
- South Africa (17.0 units)
Mounting Lifting Equipment Imports in China
In 2022, imports of lifting equipment designed for mounting on road vehicles into China dropped notably to 262 units, shrinking by -37.9% compared with 2021 figures. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 110% against the previous year. As a result, imports attained the peak of 422 units, and then plummeted in the following year.
In value terms, mounting lifting equipment imports contracted rapidly to $3.1M in 2022. Over the period under review, imports saw a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 47%. Over the period under review, imports reached the peak figure at $7.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Mounting Lifting Equipment in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.5 | 1.6 | 3.0 | 1.6 | -13.8% |
| Poland | 1.5 | 0.7 | 1.9 | 1.6 | 2.2% |
| United States | 2.0 | N/A | 0.1 | N/A | -77.6% |
| United Arab Emirates | 1.1 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 2.3 | 1.7 | N/A | 37.4% |
| Total | 7.9 | 4.7 | 6.8 | 3.1 | -26.8% |
Top Suppliers of Mounting Lifting Equipment to China in 2022:
- Italy (157.0 units)
- Poland (104.0 units)
This report provides an in-depth analysis of the vehicle-mounted lifting equipment market in China. 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 28221460 - Lifting equipment designed for mounting on road vehicles
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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