Pakistan Overhead Crane Market 2022 Development, Trend, Analysis

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From January to June 2021, China and Pakistan increased by US$4,842.9806 million compared with the same period in 2020, a year-on-year increase of 63%.

From January to June 2021, the total value of China’s exports to Pakistan was US$1,0829,290,800, an increase of US$4,055,918,800 compared with the same period in 2020, a year-on-year increase of 60.1%; the total value of China’s imports from Pakistan was US$1,728,932,800, compared with 2020. During the same period, it increased by 787.0618 million US dollars, a year-on-year increase of 83.6%.

China and Pakistan have direct and profound friendship and close economic and trade relations. Despite the impact of the COVID-19 epidemic, China-Pakistan trade has grown substantially, which provides confidence for Dongqi Crane to better enter the Pakistani crane market. Pakistan is rich in mineral resources, with various steel and manufacturing plants. Dongqi Crane has more than ten years of crane service experience in Pakistan, and has established a good reputation among many customers. In the past 2021, Dongqi Crane has won more than 100 crane cooperation projects in Pakistan. The crane market in Pakistan is a very important market for Dongqi Crane. This article will think about the development and changes of the Pakistani crane market in 2022 through the study of the import and export data of Pakistan's overhead cranes.

Some Questions About the World Overhead Crane Market

Before we start discussing the aerial crane market in Pakistan, we have a few small questions that need to be answered first. Let’s take a look

What are the largest markets for overhead travelling cranes on fixed support in the world?
- The countries with the highest volumes of overhead travelling crane consumption in 2020 were China (34K units), the U.S. (18K units) and India (13K units), together comprising 39% of global consumption. Japan, Germany, Russia, Brazil, Denmark, Bangladesh, Canada, Spain, Turkey and Italy lagged somewhat behind, together comprising a further 28%.
What are the largest producers of overhead travelling cranes on fixed support in the world?
- China (38K units) remains the largest overhead travelling crane producing country worldwide, accounting for 24% of total volume. Moreover, overhead travelling crane production in China exceeded the figures recorded by the second-largest producer, the U.S. (18K units), twofold. The third position in this ranking was occupied by India (14K units), with a 9% share.
What are the leading suppliers of overhead travelling cranes on fixed support to Pakistan?
- In value terms, China ($16M) constituted the largest supplier of overhead travelling crane to Pakistan, comprising 93% of total imports. The second position in the ranking was occupied by Italy ($236K), with a 1.4% share of total imports. It was followed by Turkey, with a 0.8% share.
What is the average export price for overhead travelling cranes on fixed support in Pakistan?
- In 2020, the average overhead travelling crane export price amounted to $25,478 per unit, reducing by -10.1% against the previous year.
What is the average import price for overhead travelling cranes on fixed support in Pakistan?
- The average overhead travelling crane import price stood at $33,906 per unit in 2020, surging by 4.8% against the previous year.

Data source: https://www.indexbox.io/store/pakistan-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/

overhead cranes in Pakistan

Pakistan Overhead Crane Market Size

In 2020, the Pakistan Overhead Crane Market grew X% to X USD, rising for the sixth consecutive year after two years of decline. During the period under review, consumption growth was strong. The growth rate was most pronounced in 2012, with an X% increase over the previous year. Overhead crane consumption peaked in 2020 and is likely to grow steadily over the next few years

Pakistan's overhead crane export scale

In 2020, overseas shipments of fixed-support overhead cranes fell -X% to X units for the first time since 2017, ending a two-year downward trend. Overall, exports faced a severe decline. The fastest growth rate in 2017, an increase of X% year-on-year. As a result, exports peaked at X units. From 2018 to 2020, the growth rate of exports remained at a low level.

Overhead crane exports shrunk significantly to $X in 2020 in value terms. During the period under review, there was a sudden contraction in exports. The fastest growth rate in 2016, an increase of X% year-on-year. During the period under review, exports peaked at $X in 2007; however, from 2008 to 2020, export figures were slightly lower.

Oman (unit X) and Ghana (unit X) are the main destinations for Pakistani bridge crane exports. In addition, Oman's bridge crane exports are more than double the figures recorded by the second largest exporter, Ghana.

Among the major destination countries from 2007 to 2020, the most significant growth rate in shipments was Oman. The average annual value growth rate for Ghana from 2007 to 2020 was relatively modest.

Industrial China 5 Ton Overhead Crane Low Price

Import scale of overhead cranes in Pakistan

In 2020, the import volume of bridge cranes in Pakistan reached X units, an increase of X% over the previous year. Overall, imports have grown significantly. 2012 saw the fastest growth, with imports increasing by X% year-on-year. During the period under review, imports peaked in 2020 and are expected to keep growing for years to come.

Overhead crane imports surged to $X in 2020 by value. Overall, imports continue to show resilient expansion. In 2012, the growth rate was the fastest, with an increase of X% year-on-year. During the period under review, imports peaked in 2020 and are expected to keep growing in the near future.

In 2020, China (X units) was Pakistan's largest supplier of overhead cranes, accounting for X% of total imports. In addition, bridge cranes imported from China were more than ten times higher than the number recorded by the second largest supplier, Turkey (X units). Italy (X units) occupies the third position in the ranking with an X% share.

From 2007 to 2020, the average annual growth rate of Chinese exports reached +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Turkey (+X% per annum) and Italy (+X% per annum). China (USD X) is Pakistan's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Italy ($X) with X% of total imports. It is followed by Turkey with an X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Italy (+X% per annum) and Turkey (+X% per annum).

How to customize Overhead Crane from China

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Traveling distance (m): __ ? (The length of the rail)
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