From January to October 2021, the bilateral import and export volume of goods between China and Vietnam was US$186,560.68 million, an increase of US$36,633.6398 million compared with the same period in 2020, a year-on-year increase of 25%.

From January to October 2021, the total value of China’s exports to Vietnam was US$112,856,530,700, an increase of US$23,864,099,700 compared with the same period in 2020, a year-on-year increase of 27.3%; the total value of China’s imports from Vietnam was US$73,704,150,100, compared with 2020. In the same period, an increase of 12,769,540,100 US dollars, a year-on-year increase of 21.7%

From the data point of view, despite the impact of the COVID-19 epidemic, the economic and trade exchanges between China and Vietnam have not declined because of this. As neighbors, China and Vietnam will have better trade exchanges. For various construction projects carried out in Vietnam in recent years, crane equipment is essential equipment. As an excellent crane supplier in China, Dongqi Crane can provide high-quality crane services for Vietnamese customers. In the past 2021, Dongqi Crane has reached 15 various types of crane cooperation projects with Vietnamese customers. In order to better understand the Vietnamese crane market, this article will speculate on the possible changes in the size of the Vietnamese crane market in 2022 from the import and export data of Vietnamese overhead cranes.

Some Questions About the World Overhead Crane Market
Before we start discussing the aerial crane market in Vietnam, 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 Vietnam?
In value terms, China ($2.2M) constituted the largest supplier of overhead travelling crane to Viet Nam, comprising 65% of total imports. The second position in the ranking was occupied by Japan ($753K), with a 23% share of total imports. It was followed by South Korea, with a 5% share.
What are the leading importers of overhead travelling cranes on fixed support from Vietnam?
In value terms, Myanmar ($56K) remains the key foreign market for overhead travelling crane exports from Viet Nam.
What is the average export price for overhead travelling cranes on fixed support in Vietnam?
In 2020, the average overhead travelling crane export price amounted to $54,777 per unit, rising by 15% against the previous year.
What is the average import price for overhead travelling cranes on fixed support in Vietnam?
In 2020, the average overhead travelling crane import price amounted to $32,264 per unit, shrinking by -19.6% against the previous year.
Data source: https://www.indexbox.io/store/vietnam-overhead-travelling-cranes-on-fixed-support-market-analysis-forecast-size-trends-and-insights/

Vietnam Overhead Crane

Vietnam Overhead Crane Market Size
In 2020, the Vietnam Overhead Crane Market fell -X% to X USD, declining for the second consecutive year after three years of growth. Overall, consumption has fallen sharply. The most significant growth rate occurred in 2009, when the market value increased by X% year-on-year. During the period under review, the market reached its highest level of $X in 2018; however, from 2019 to 2020, consumption was at a lower level

Vietnam Overhead Crane Export Scale
In 2020, overseas shipments of fixed-support overhead cranes fell -X% to X units, the third consecutive year of decline after three consecutive years of growth. During the period under review, exports declined significantly. In 2013, the growth rate was the fastest, with exports increasing by X% year-on-year. During the period under review, exports reached a maximum of X units in 2007; however, from 2008 to 2020, exports failed to regain momentum. Overhead crane exports shrunk significantly to $X in 2020 in value terms. Overall, exports fell sharply. The growth rate was most pronounced in 2017, with a year-on-year increase of X%. Exports peaked at $X in 2007; however, from 2008 to 2020, export figures were slightly lower.

Myanmar (X units) is the main destination for Vietnam’s bridge crane exports, accounting for about X% of total exports. From 2007 to 2020, the average annual growth rate of shipments to Myanmar is -X%. In value terms, Myanmar (USD X) remains the main foreign market for Vietnam’s overhead crane exports. From 2007 to 2020, the average annual growth in value to Myanmar totaled -X%.

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Vietnam Overhead Crane Import Market Size
In 2020, overseas purchases of fixed-support overhead cranes fell -X% to X units, the second consecutive year of decline after three consecutive years of growth. Overall, imports contracted sharply. The most significant growth rate occurred in 2009, when imports increased by X% over the previous year. As a result, imports peaked at X units. Import growth failed to regain momentum between 2010 and 2020.

In value terms, 2020 overhead crane imports fell significantly to $X. Imports fell sharply during the period under review. The most significant growth rate occurred in 2018, which was an X% increase compared to the previous year. As a result, imports peaked at X dollars. Import growth remained low in 2019-20.

China (X units), Japan (X units) and Sweden (X units) were the main suppliers of imported overhead cranes in Vietnam, accounting for X% of total imports. Sweden saw the largest increase from 2007 to 2020, while other leaders saw a more modest increase in purchases.

China (USD X) is Vietnam’s largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Japan ($X) with X% of total imports. It is followed by South Korea with an X% share. From 2007 to 2020, the average annual growth rate of Chinese value is -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Japan (-X% per annum) and South Korea (-X% per annum).

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.

2022 Development Trend Forecast of Vietnam Overhead Crane Market