Cranes; Tower Cranes Price in Canada - 2023
Contents:
- Cranes; Tower Cranes Price in Canada (CIF) - 2022
- Cranes; Tower Cranes Price in Canada (FOB) - 2022
- Cranes; Tower Cranes Imports in Canada
- Cranes; Tower Cranes Exports in Canada
Cranes; Tower Cranes Price in Canada (CIF) - 2022
The average cranes; tower cranes import price stood at $53,048 per unit in 2022, dropping by -7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $67,095 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($118,953 per unit), while the price for Denmark ($14,142 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Price in Canada (FOB) - 2022
The average cranes; tower cranes export price stood at $19,675 per unit in 2022, remaining stable against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cranes; tower cranes export price increased by +35.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $25,329 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.1% per year.
Cranes; Tower Cranes Imports in Canada
Cranes; tower cranes imports into Canada shrank to 1.1K units in 2022, with a decrease of -9.7% against the year before. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 24%. Imports peaked at 1.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cranes; tower cranes imports fell rapidly to $56M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports attained the peak of $67M, and then dropped markedly in the following year.
| Import of Cranes; Tower Cranes in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 23.0 | 24.3 | 31.4 | 25.2 | 3.1% |
| United States | 2.6 | 2.3 | 11.7 | 7.9 | 44.8% |
| France | 4.5 | 4.5 | 10.3 | 6.9 | 15.3% |
| Germany | 7.6 | 6.5 | 6.5 | 6.9 | -3.2% |
| Spain | 5.2 | 4.8 | 3.7 | 4.7 | -3.3% |
| Denmark | 6.0 | 0.1 | 0.1 | 2.4 | -26.3% |
| United Arab Emirates | 0.8 | 1.6 | 1.6 | 1.3 | 17.6% |
| Others | 2.1 | 1.1 | 1.2 | 0.7 | -30.7% |
| Total | 51.7 | 45.3 | 66.5 | 55.9 | 2.6% |
Top Suppliers of Cranes; Tower Cranes to Canada in 2022:
- Italy (350.0 units)
- Germany (179.0 units)
- Denmark (167.0 units)
- United States (165.0 units)
- Spain (109.0 units)
- France (58.0 units)
- United Arab Emirates (16.0 units)
Cranes; Tower Cranes Exports in Canada
In 2022, overseas shipments of cranes; tower craneses decreased by -22.6% to 386 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, the exports reached the peak of 499 units, and then fell significantly in the following year.
In value terms, cranes; tower cranes exports reduced rapidly to $7.6M in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of $10M, and then reduced notably in the following year.
| Export of Cranes; Tower Cranes in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.6 | 5.2 | 6.1 | 7.6 | 28.3% |
| Finland | N/A | N/A | 3.6 | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 3.6 | 5.2 | 10.0 | 7.6 | 28.3% |
Top Export Markets for Cranes; Tower Cranes from Canada in 2022:
- United States (386.0 units)
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