SADC: Truck Crane Market 2024

Truck Crane Market Size in SADC

The SADC truck crane market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Truck Crane Production in SADC

In value terms, truck crane production expanded sharply to $X in 2022 estimated in export price. In general, production, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Truck Crane Exports

Exports in SADC

In 2022, the amount of truck cranes exported in SADC contracted dramatically to X units, shrinking by X% on the previous year's figure. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, truck crane exports surged to $X in 2022. Overall, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the largest exporter of truck cranes in SADC, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Namibia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Botswana (X%) and Zambia (X%). Mozambique (X units) and Tanzania (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to truck crane exports from South Africa stood at X%. At the same time, Botswana (X%), Zambia (X%), Mozambique (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Tanzania (X%) illustrated a downward trend over the same period. While the share of Namibia (X p.p.), Botswana (X p.p.), Zambia (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest truck crane supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price continues to indicate prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced more modest paces of growth.

Truck Crane Imports

Imports in SADC

In 2022, after two years of decline, there was significant growth in supplies from abroad of truck cranes, when their volume increased by X% to X units. Over the period under review, imports showed a moderate increase. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, truck crane imports surged to $X in 2022. Overall, imports, however, saw a drastic downturn. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa (X units) and Democratic Republic of the Congo (X units) dominates imports structure, together constituting X% of total imports. It was distantly followed by Mozambique (X units), comprising a X% share of total imports. Zimbabwe (X units), Tanzania (X units), Angola (X units), Madagascar (X units), Mauritius (X units), Swaziland (X units) and Botswana (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Madagascar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Democratic Republic of the Congo ($X) and Angola ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Zimbabwe, Tanzania, Swaziland, Mozambique, Madagascar, Botswana and Mauritius lagged somewhat behind, together accounting for a further X%.

Swaziland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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