The Eastern European Crane Market fell to X dollars in 2020, down -X% compared to the previous year. Overall, consumption has contracted sharply. The most significant growth rate occurred in 2019, when the market value increased by X% over the previous year. During the period under review, the market hit an all-time high of $X in 2008; however, from 2009 to 2020, consumption has remained low.

In value terms, crane production dropped significantly in 2020 to an estimated $X at export prices. Overall, production continued to decline significantly. The growth rate was most pronounced in 2019, with production increasing by X% over the previous year. Production levels peaked at $X in 2008; however, from 2009 to 2020, production failed to regain momentum. Eastern European countries production Russia (X units) is the country with the largest crane production, of which about X% of the total volume. In addition, crane production in Russia is more than double the number recorded by Poland (X units), the second largest producer. Slovakia (X units) ranked third with X% of total production.

From 2007 to 2020, the average annual growth rate in Russia was -X%. Average annual production growth rates for the remaining producing countries are as follows: Poland (+X% per annum) and Slovakia (+X% per annum).

overhead cranes in Poland

Eastern European crane export scale
In 2020, overseas shipments of cranes and mobile cranes increased by X% to X units, the fourth consecutive year of growth after two years of decline. Overall, exports have grown strongly. 2011 saw the fastest growth, with exports increasing by X% year-on-year. During the period under review, exports hit a record high in 2020 and are expected to keep growing in the years ahead.

Crane exports fell to X dollars in 2020 by value. Overall, exports have grown significantly. The growth rate was most pronounced in 2008, with a year-on-year increase of X%. During the period under review, exports hit an all-time high of $X in 2018; however, from 2019 to 2020, exports failed to regain momentum.

Hungary (X units) and Poland (X units) were the main exporters of cranes, mobile crane frames in 2020, exporting approximately X% and X% of total exports, respectively. This was followed by Estonia (X units), Russia (X units), Slovakia (X units) and the Czech Republic (X units), which together accounted for X% of total exports. Lithuania (X units) has a relatively small share of total exports.

From 2007 to 2020, among the major exporting countries, Slovakia achieved the most significant growth rate in shipments, while other countries experienced more moderate export growth.

Poland ($X) remains the largest crane supplier in Eastern Europe by value, accounting for X% of total exports. In second place is Slovakia ($X) with X% of total exports. It is followed by Russia with an X% share.

In Poland, crane exports grew at an average annual rate of +X% between 2007 and 2020. The average annual growth rate of exports for the remaining exporting countries is as follows: Slovakia (+X% per year) and Russia (+X% per year)

Eastern European crane import scale
In 2020, after four years of growth, the number of cranes, mobile crane frames procured abroad decreased significantly, by -X% to X units. During the period under review, however, imports recorded a measurable increase. The most significant growth rate occurred in 2011, when imports increased by X% year-on-year. During the period under review, imports reached a maximum of X units in 2019 and then contracted significantly the following year.

In 2020, crane imports fell to X dollars in value. But overall, imports continued to show a marked pullback. In 2008, the growth rate was the fastest, with imports increasing by X% year-on-year. As a result, imports peaked at X dollars. From 2009 to 2020, import growth remained low.

Russia (X units) and Hungary (X units) dominate the crane import structure and together account for X% of total imports. This is followed by Belarus (X units) and Poland (X units), which together account for X% of total imports. The following importing countries – Lithuania (X units) and Romania (X units) – together account for X% of total imports.

From 2007 to 2020, the largest increase was in Lithuania, while other leaders saw more modest increases in purchases.

Russia ($X) is the largest market in Eastern Europe for imports of derricks, cranes, mobile derricks, straddle carriers and crane-equipped work trucks by value, accounting for X% of total imports. In second place is Poland ($X) with X% of total imports. It is followed by Romania with an X% share.

From 2007 to 2020, Russia’s average annual growth rate in value terms totaled -X%. In other countries, the average APR is as follows: Poland (-X% per annum) and Romania (-X% per annum).

Statistics of various crane suppliers in Eastern European
Poland ($439 million) remains the largest crane supplier in Eastern Europe by value, accounting for 56% of total exports. In second place was Slovakia ($87 million), which accounted for 11% of total exports. It is followed by Russia with a share of 8.6%.

In value terms, Russia ($416 million) is the largest market for imported cranes and mobile crane frames in Eastern Europe, accounting for 50% of total imports. In second place was Poland ($91 million), which accounted for 11% of total imports. It is followed by Romania with a share of 9.1%.

In 2020, the export price of cranes in Eastern Europe was US$23,371/unit, a year-on-year decrease of -13.9%.

In 2020, the import price of cranes in Eastern Europe was US$21,730/unit, a year-on-year increase of 7.6%.

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