In 2020, after three years of growth, the Indonesian crane market saw a significant decline, with its value falling by -X% to $X. Overall, however, consumption has grown resiliently. The rate of growth was most pronounced in 2008, when market capitalization increased by X% year-over-year. As a result, consumption reaches a peak level of X dollars. From 2009 to 2020, the market growth rate remained at a low level.
In 2020, Indonesian crane exports dropped significantly to X units, down -X% compared to 2019. However, during the period under review, exports continued to show a relatively stable trend pattern. 2012 saw the fastest growth, with exports increasing by X% over the previous year. As a result, exports peaked at X units. From 2013 to 2020, the export growth rate remained at a low level.
Crane exports fell to X dollars in 2020 by value. But overall, exports showed a relatively stable trend pattern. The most significant growth rate occurred in 2012, with an X% year-on-year increase. As a result, exports peaked at X dollars. From 2013 to 2020, the export growth rate remained at a low level.
Singapore (unit X), Ả Rập Saudi (unit X) and Timor-Leste (unit X) were the main destinations for Indonesian crane exports, together accounting for X% of total exports. The U.S., Thái lan, Taiwan (China), and Bangladesh lagged a bit, adding X more from 2007 to 2020, with the largest increase being Taiwan (China) (+X% per annum), while the other leaders saw more modest shipments pace of growth.
In value terms, Singapore (USD X) remains the leading foreign market for Indonesian crane exports, accounting for X% of total exports. In second place is the Hoa Kỳ ($X) with X% of total exports. It is followed by the United Arab Emirates with an X% share.
From 2007 to 2020, Singapore’s average annual growth rate for value totaled -X%. Exports to other major destinations recorded the following average annual export growth rates: United States (+X% per annum) and United Arab Emirates (+X% per annum).
In 2020, overseas purchases of cranes, mobile cranes fell -X% to X units for the first time since 2016, thus ending a three-year upward trend. Overall, however, imports showed moderate growth. In 2008, the growth rate was the fastest, with imports increasing by X% year-on-year. As a result, imports peaked at X units. From 2009 to 2020, import growth remained low. Crane imports fell sharply to $X in 2020 by value. During the period under review, however, there was a strong increase in imports. The most significant growth rate occurred in 2008, which was an X% increase compared to the previous year. During the period under review, imports peaked at $X in 2019 before contracting sharply the following year.
In 2020, China (X units) was Indonesia's largest cần cẩu nhà cung cấp,, accounting for X% of total imports. In addition, the number of cranes imported from China exceeded four times the number recorded by the second largest supplier, Nước Ý (X units). Nhật bản takes third place (X units) with an X% share.
From 2007 to 2020, the average annual growth rate of Chinese exports reached +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Italy (+X% per annum) and Japan (-X% per annum). China (USD X) is Indonesia's largest cần cẩu nhà cung cấp, by value, accounting for X% of total imports. In second place is Italy ($X) with X% of total imports. It is followed by Japan 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 Japan (+X% per annum).
China ($173 million) is Indonesia's largest crane supplier by value, accounting for 54% of total imports. In second place was Italy ($45 million), which accounted for 14% of total imports. It was followed by Japan with an 11% share.
In value terms, Singapore ($4.9 million) remained the main foreign market for Indonesian crane exports, accounting for 47% of total exports. In second place was the United States ($1.2 million), which accounted for 11% of total exports. It is followed by the United Arab Emirates with a share of 9.8%.
The average export price for cranes in 2020 was $41,872 per unit, up 24% from the previous year. In 2020, the average price of crane imports was US$50,091 per unit, an increase of 5.8% over the previous year.
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