In 2020, the Slovak crane market grew by X% to X dollars, rising for the second year in a row after two years of decline. Overall, however, there has been a notable decline in consumption. The most significant growth rate occurred in 2019, when the market cap increased by X% year-over-year. Crane consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain momentum.
In value terms, crane production in 2020 fell to an estimated $X at export prices. During the period under review, production continued to grow significantly. The most significant growth rate occurred in 2013, when production increased by X% over the previous year. Crane production peaked at $X in 2019 before declining the following year.
Exports of cranes, mobile crane frames from Slovakia surged to X units in 2020, an increase of X% over 2019 figures. During the period under review, exports expanded elastically. The growth rate was most pronounced in 2008, with a year-on-year increase of X%. As a result, exports peaked at X units. From 2009 to 2020, export growth remained low.
In 2020 crane exports were worth X dollars in value. Overall, exports showed a significant increase. The growth rate was most pronounced in 2008, with a year-on-year increase of X%. Exports peaked at $X in 2018; however, from 2019 to 2020, export figures were slightly lower.
Germany (X units), the Netherlands (X units) and Italy (X units) were the main destinations for Slovakian crane exports, together accounting for X% of total exports. From 2007 to 2020, among the major destination countries, the most significant growth rate in terms of shipments was the Netherlands (+ X% per annum), while the other leaders experienced more modest growth in exports.
The largest markets for Slovak crane exports by value are Germany ($X), the Netherlands ($X) and France ($X), which together account for X% of total exports. As far as the main destination countries are concerned, the Netherlands (+X% per annum) experienced the highest growth in export value during the period under review, while the other leading countries experienced more moderate growth in shipments.
In 2020, approximately X cranes, mobile cranes were imported into Slovakia; -X% decrease compared to 2019. During the period under review, imports contracted significantly. The most significant growth rate occurred in 2015, with an X% year-over-year increase. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain momentum.
In 2020, crane imports dropped significantly to $X in value terms. Overall, imports have contracted significantly. The growth rate was most pronounced in 2015, when imports increased by X% over the previous year. During the period under review, imports hit an all-time high of $X in 2019 before contracting significantly the following year.
Germany (X units), Czech Republic (X units) and Austria (X units) are the main suppliers of imported cranes to Slovakia, accounting for X% of total imports. Italy, Finland, China and Poland were slightly behind, with further increases between 2007 and 2020 combined, with Poland achieving the most significant growth rate in procurement among the major suppliers, while other leaders experienced more modest increases in imports growth rate. Germany ($X), Czech Republic ($X) and Austria ($X) are the largest crane suppliers to Slovakia by value, accounting for X% of total imports. Italy, Finland, Poland and China are slightly behind, and together they account for the main supplier X Growth.
The largest crane suppliers to Slovakia by value are Germany, the Czech Republic and Austria, which together account for 70% of total imports. It is followed by Italy, Finland, Poland and China, which together account for 25%.
The largest markets for Slovak crane exports by value are Germany, the Netherlands and France, which together account for 51% of the total export value.
In 2020, the average export price of cranes was USD 4,679 per unit, a decrease of -19.3% from the previous year.
The average import price of cranes in 2020 was $4,648 per unit, down -18.9% from the previous year.
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