Hungary - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tower and Portal Cranes in Hungary - 2023
Contents:
- Price for Tower and Portal Cranes in Hungary (CIF) - 2022
- Price for Tower and Portal Cranes in Hungary (FOB) - 2023
- Imports of Tower and Portal Cranes in Hungary
- Exports of Tower and Portal Cranes in Hungary
Price for Tower and Portal Cranes in Hungary (CIF) - 2022
The average tower and portal cranes import price stood at $149,328 per unit in 2022, rising by 94% against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 454% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($198,555 per unit), while the price for the Netherlands ($5,317 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tower and Portal Cranes in Hungary (FOB) - 2023
The average tower and portal cranes export price stood at $136K per unit in December 2023, growing by 140% against the previous month. Overall, export price indicated a tangible increase from December 2022 to December 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, tower and portal cranes export price increased by +140.1% against November 2023 indices. The export price peaked at $143K per unit in June 2023; afterwards, it flattened through to December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($1.0M per unit), while the average price for exports to Germany ($118K per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tower and Portal Cranes in Hungary
In 2022, imports of tower cranes and portal or pedestal jib cranes into Hungary reduced notably to 74 units, with a decrease of -70.2% on 2021 figures. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 396%. As a result, imports attained the peak of 248 units, and then fell sharply in the following year.
In value terms, tower and portal cranes imports contracted markedly to $11M in 2022. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 326% against the previous year. As a result, imports reached the peak of $19M, and then shrank sharply in the following year.
Import of Tower and Portal Cranes in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.0 | 0.5 | 5.6 | 8.9 | 107.2% |
Italy | 0.5 | 3.0 | 2.6 | 1.6 | 47.4% |
Austria | N/A | N/A | 10.6 | 0.2 | -98.1% |
Spain | 0.8 | N/A | N/A | N/A | 0% |
Netherlands | N/A | 0.9 | N/A | N/A | 0% |
Qatar | 4.3 | N/A | N/A | N/A | 0% |
Turkey | 2.0 | N/A | N/A | N/A | 0% |
Ukraine | N/A | N/A | N/A | N/A | 0% |
Others | 0.4 | 0.1 | 0.3 | 0.2 | -20.6% |
Total | 9.2 | 4.5 | 19.1 | 11.1 | 6.5% |
Top Suppliers of Tower and Portal Cranes to Hungary in 2022:
- Germany (45.0 units)
- Italy (15.0 units)
- Austria (6.0 units)
- Ukraine (2.0 units)
- Netherlands (1.0 units)
Exports of Tower and Portal Cranes in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of tower cranes and portal or pedestal jib cranes, when their volume decreased by -11.9% to 37 units. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 147%. As a result, the exports attained the peak of 42 units, and then reduced in the following year.
In value terms, tower and portal cranes exports contracted sharply to $3.5M in 2022. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 91%. As a result, the exports attained the peak of $4.4M, and then shrank remarkably in the following year.
Export of Tower and Portal Cranes in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,718 | 1,867 | 3,769 | 2,999 | 20.4% |
Denmark | N/A | N/A | 39.9 | 57.1 | 43.1% |
Italy | N/A | N/A | 35.7 | 18.4 | -48.5% |
Mexico | 3.5 | 15.1 | 3.0 | 7.5 | 28.9% |
Austria | 425 | 0.3 | N/A | 7.3 | -74.2% |
India | 15.1 | 4.7 | 0.8 | 5.1 | -30.4% |
Ireland | N/A | N/A | N/A | 4.6 | 0% |
Finland | N/A | N/A | 3.0 | 3.1 | 3.3% |
France | N/A | N/A | 0.8 | 1.8 | 125.0% |
Bulgaria | 14.0 | 3.1 | N/A | 1.8 | -49.5% |
Kosovo | N/A | N/A | N/A | 1.5 | 0% |
South Korea | N/A | N/A | 15.5 | 1.0 | -93.5% |
Croatia | N/A | 279 | 1.3 | 0.5 | -95.8% |
Others | 184 | 116 | 503 | 371 | 26.3% |
Total | 2,359 | 2,286 | 4,371 | 3,480 | 13.8% |
Top Export Markets for Tower and Portal Cranes from Hungary in 2022:
- Germany (18.0 units)
- Kosovo (1.0 units)
- Italy (1.0 units)
- Mexico (1.0 units)
- Denmark (1.0 units)
- Finland (1.0 units)
- India (1.0 units)
- France (1.0 units)
- Austria (1.0 units)
- Ireland (1.0 units)
- Croatia (1.0 units)
- South Korea (1.0 units)
- Bulgaria (1.0 units)
This report provides an in-depth analysis of the market for tower and portal cranes in Hungary. 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 28221440 - Tower cranes and portal or pedestal jib cranes
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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