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christopher2021
Angemeldet seit:
01.07.2021
Beiträge: 5802
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The South Korean crane market grew X% to X dollars in 2020, rising for the fourth consecutive year after two years of decline. Overall, however, consumption declined slightly. The fastest growth rate in 2019, an increase of X% year-on-year. Crane consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain momentum.
In value terms, 2020 crane production is estimated to contract to $X at export prices. Overall, however, production showed a marked increase. The growth rate was most pronounced in 2012, with an X% increase over the previous year. During the period under review, production peaked at $X in 2018; however, from 2019 to 2020, production remained low.
South Korean crane export scale
After two years of growth, overseas shipments of cranes, mobile crane frames fell -X% to X units in 2020. Overall, there was a marked decline in exports. In 2008, the growth rate was the fastest, and exports increased by X% year-on-year. As a result, exports peaked at X units. From 2009 to 2020, export growth remained low.
In value terms, crane exports contracted significantly to $X in 2020. Exports contracted slightly during the period under review. The growth rate was the fastest in 2008, with a year-on-year increase of X%. During the period under review, exports peaked at $X in 2013; however, from 2014 to 2020, exports were slightly lower.
***** (X units) is the main destination for South Korean crane exports, accounting for X% of total exports. In addition, more than twice as many cranes were exported to Russia as to the second largest destination, ***** (X units). ***** (X units) ranked third with X% of total exports.
From 2007 to 2020, the average annual growth rate of exports to Russia totaled +X%. Exports to other major destinations recorded the following average annual export growth rates: Saudi Arabia (+X% per annum) and Vietnam (+X% per annum).
In value terms, Russia ($X) became the leading foreign market for South Korean crane exports, accounting for X% of total exports. In second place is Saudi Arabia ($X) with X% of total exports. It is followed by India with an X% share.
From 2007 to 2020, the value to Russia has grown at an average annual rate of +X%. Exports to other major destinations recorded the following average annual export growth rates: Saudi Arabia (+X% per annum) and India (-X% per annum).
South Korean crane import scale
In 2020, overseas purchases of cranes, mobile cranes fell -X% to X units, the fourth consecutive year of decline after four years of growth. Imports faced a sharp decline during the review period. The fastest growth was in 2013, with imports increasing by X% year-on-year. Imports peaked at X units in 2009; however, from 2010 to 2020, import volumes have remained low.
Crane imports in 2020 are worth X dollars by value. Overall, there was a marked decline in imports. The most significant growth rate occurred in 2008, when imports increased by X% year-on-year. During the period under review, imports peaked at $X in 2009; however, from 2010 to 2020, imports failed to regain momentum.
In 2020, China (X units) was the largest crane supplier to South Korea, accounting for X% of total imports. In addition, the number of cranes imported from China exceeded three times the number recorded by the second largest supplier, ***** (X units). Japan takes third place (X units) with an X% share.
From 2007 to 2020, the average annual growth rate of sales from China was -X%. The average annual growth rates of imports from the remaining supplier countries are as follows: Singapore (+X% per annum) and Japan (-X% per annum). China ($X) is the largest crane supplier to South Korea by value, accounting for X% of total imports. In second place is Japan ($X) with X% of total imports. It is followed by Germany with an X% share.
From 2007 to 2020, the average annual growth rate of Chinese output was relatively modest. The average annual growth rates of imports for the remaining suppliers are as follows: Japan (-X% per annum) and Germany (-X% per annum).
Statistics of various crane suppliers in South Korea
China is South Korea’s largest crane supplier by value, accounting for 54% of total imports. In second place is Japan, which accounts for 24% of total imports. It is followed by Germany with a share of 4.5%.
In value terms, Russia became the main foreign market for South Korean crane exports, accounting for 28% of total exports. In second place is Saudi Arabia, which accounted for 14% of total exports. It is followed by India with a 10% share.
The average export price of cranes in 2020 was US$4,604 per unit, an increase of 28% from the previous year.
In 2020, the average import price of cranes was US$50,168 per unit, an increase of 61% over the previous year.
How to customize crane from China
We are a ***** located in China, providing crane customization services to global crane customers. If you want to customize a crane, you can leave a message on the website or Email: *****, tell us the following information, and our sales manager will contact you
*****
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