Cranes; Tower Cranes Price in Iran - 2021

Contents:

  1. Cranes; Tower Cranes Price in Iran (CIF) - 2022
  2. Cranes; Tower Cranes Price in Iran (FOB) - 2022
  3. Cranes; Tower Cranes Imports in Iran
  4. Cranes; Tower Cranes Exports in Iran

Cranes; Tower Cranes Price in Iran (CIF) - 2022

In 2022, the average cranes; tower cranes import price amounted to $9,148 per unit, declining by -21.6% against the previous year. Overall, the import price recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 41% against the previous year. As a result, import price attained the peak level of $139,093 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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 China ($109,991 per unit), while the price for Hungary ($58 per unit) was amongst the lowest.

From 2012 to 2022, 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 a decline.

Cranes; Tower Cranes Price in Iran (FOB) - 2022

In 2022, the average cranes; tower cranes export price amounted to $25,810 per unit, picking up by 5.8% against the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 268% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +71.2% per year.

Cranes; Tower Cranes Imports in Iran

In 2022, cranes; tower cranes imports into Iran expanded remarkably to 23 units, surging by 9.5% against 2021. Over the period under review, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, imports attained the maximum at 29 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cranes; tower cranes imports fell to $210K in 2022. Overall, imports, however, continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 39%. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cranes; Tower Cranes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China875103140110-49.9%
Italy17322.233.028.3-45.3%
CambodiaN/AN/AN/A7.70%
South Korea72.38.110.47.7-52.6%
Netherlands35.74.46.25.1-47.7%
Hong Kong SAR37.34.56.35.0-48.8%
Greece30.83.54.53.4-52.0%
Finland28.03.24.13.1-52.0%
Kuwait43.40.70.41.8-65.4%
France15.71.72.11.5-54.3%
Hungary1.10.10.10.1-55.0%
Belgium1.20.10.10.1-56.3%
Germany1.50.10.20.1-59.5%
Others42624.337.736.5-55.9%
Total1,740176245210-50.6%

Top Suppliers of Cranes; Tower Cranes to Iran in 2022:

  1. Hungary (1.0 units)
  2. Netherlands (1.0 units)
  3. Italy (1.0 units)
  4. Kuwait (1.0 units)
  5. Finland (1.0 units)
  6. Cambodia (1.0 units)
  7. France (1.0 units)
  8. China (1.0 units)
  9. Greece (1.0 units)
  10. Belgium (1.0 units)
  11. Germany (1.0 units)
  12. South Korea (1.0 units)
  13. Hong Kong SAR (1.0 units)

Cranes; Tower Cranes Exports in Iran

For the third consecutive year, Iran recorded decline in shipments abroad of cranes; tower craneses, which decreased by 0% to 1 units in 2022. In general, exports continue to indicate a significant contraction. The smallest decline of -50% was in 2021. The exports peaked at 4 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cranes; tower cranes exports totaled $26K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 84% against the previous year. As a result, the exports attained the peak of $27K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Cranes; Tower Cranes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.227.224.425.8405.3%
Iraq9.8N/AN/AN/A0%
Uzbekistan3.0N/AN/AN/A0%
Georgia1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total14.827.224.425.820.4%

Top Export Markets for Cranes; Tower Cranes from Iran in 2022:

  1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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