Colombia is at a moderate level of development in Latin America, and its economy has maintained continuous growth in the past 10 years. Colombia has a relatively high degree of marketization, and the international community is generally optimistic about the long-term development prospects of Colombia’s economy. As a crane supplier that provides crane services to the world, Dongqi Crane also expects to open up the Colombian crane market one day. Due to the impact of COVID-19, ocean freight rates from China to Latin America have doubled, which has affected our ability to sell to Colombia. In the past year, we have received a product enquiry from Columbia. This article will analyze the market size of overhead cranes in Colombia from some historical data, and simply forecast the development direction of overhead cranes in Colombia in 2022.

overhead crane Colombia

Columbia Overhead Crane Market Size
The Columbia Overhead Crane Market is worth X USD in 2020, an increase of X% over the previous year. From 2007 to 2020, market capitalization has grown at an average annual rate of +X%; trend patterns suggest some notable swings in some years. The most significant growth rate occurred in 2011, which was an X% increase compared to the previous year. As a result, spending reached the highest level of X dollars. From 2012 to 2020, the market growth rate remained at a low level.

By value, the production of overhead cranes soared to X dollars in 2020, estimated at export prices. Overall, from 2007 to 2020, total production has shown measurable growth: its value has grown at an average annual rate of +X% over the past 13 years. However, the trend pattern indicated that some significant fluctuations were recorded throughout the analysis period. According to 2020 data, production has increased by +X% compared to the 2016 index. During the period under review, production peaked at $X in 2011; however, production has remained low from 2012 to 2020.

Three steps for overhead crane installation

Colombian overhead crane export scale
In 2020, overseas shipments of fixed-support overhead cranes increased by X% to X units, the second consecutive year of growth after two years of decline. Overall, exports recorded a resilient expansion. As a result, exports peaked and may continue to grow in the short term.

Overhead crane exports fell to X dollars in 2020 by value. Overall, exports fell sharply. The most significant growth rate occurred in 2014, when exports increased by X% over the previous year. During the period under review, exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain momentum.

Portugal (X units) was the main destination for Colombian bridge crane exports, accounting for X% of total exports. In addition, exports of overhead cranes to Portugal were nine times higher than exports to the second main destination, Uruguay (X units).

From 2007 to 2020, the average annual growth rate of shipments to Portugal was relatively modest. From 2007 to 2020, the average annual growth rate of value to Portugal was relatively modest.

Colombian overhead crane import scale
In 2020, the number of fixed-support overhead cranes imported into Colombia dropped rapidly to X units, -X% less than in 2019. During the period under review, imports declined significantly. The most significant growth rate occurred in 2008, which was an X% increase compared to the previous year. Imports peaked at X units in 2016; however, from 2017 to 2020, imports have remained low.

Overhead crane imports surged to $X in 2020 by value. Overall, imports have grown significantly. The fastest growth rate in 2012, an increase of X% year-on-year. Imports peaked in 2020 and are expected to keep growing in the near future.

Spain (X units) and Finland (X units) are the main suppliers of overhead cranes imported to Colombia. In addition, Spain’s imports of overhead cranes are more than double the figures recorded by the second largest supplier, Finland.

From 2007 to 2020, among the major suppliers, the most significant growth rate in purchasing is Spain.

Spain ($X) is the largest supplier of overhead cranes to Colombia by value, accounting for X% of total imports. In second place is Finland ($X) with X% of total imports. From 2007 to 2020, Spain experienced an average annual value growth of +X%.

overhead-crane-for-rail-vehicle

The significance of Chinese crane suppliers to the Colombian crane market
At present, Chinese crane suppliers do not have high cost perFormance in exporting to Colombia. This is not only due to the cost problem caused by the sharp increase in sea freight, but also because of the long distance and the short construction period requirements of many customers. With the rise of Made in China, the quality and technical standards of various cranes made in China are getting higher and higher than the international average. In the post-epidemic era after 2022, this will bring new opportunities for Chinese crane suppliers.

How to customize Overhead Crane from China
We are a crane manufacturer located in China, providing crane customization services to global crane customers. If you want to customize a Overhead Crane, you can leave a message on the website or email, tell us the following inFormation, and our sales manager will contact you:

Lifting capacity (ton): __ ?( The rated capacity)
Lifting height (m):__ ? (Height from hook center to the floor)
Span (m): __ ? (Distance between rail center)
Lifting speed (m/min): __ ? ( Single, Dual, Variable)
Traveling distance (m): __ ? (The length of the rail)
Work duty: __ ? (How many hours a day? How many times an hour?)
What material to be lifted: __ ?
Industrial voltage: __ ? ( like :380V, 50Hz, 3ph )
You can either fill out the contact Form or send us an email. After receiving your inquiry, we will contact you as soon as possible and provide you with a suitable offer.

Colombia Overhead Crane Market Size and Analysis Outlook in 2022