Malaysia - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Tower and Portal Cranes in Malaysia - 2024
Contents:
- Price for Tower and Portal Cranes in Malaysia (FOB) - 2022
- Price for Tower and Portal Cranes in Malaysia (CIF) - 2022
- Exports of Tower and Portal Cranes in Malaysia
- Imports of Tower and Portal Cranes in Malaysia
Price for Tower and Portal Cranes in Malaysia (FOB) - 2022
The average tower and portal cranes export price stood at $95,744 per unit in 2022, dropping by -37.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 89%. Over the period under review, the average export prices hit record highs at $219,651 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($381,120 per unit), while the average price for exports to Singapore ($49,907 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tower and Portal Cranes in Malaysia (CIF) - 2022
The average tower and portal cranes import price stood at $83,262 per unit in 2022, waning by -47.6% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 283%. Over the period under review, average import prices hit record highs at $158,901 per unit in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($92,333 per unit), while the price for Singapore ($3,641 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.4%), while the prices for the other major suppliers experienced a decline.
Exports of Tower and Portal Cranes in Malaysia
For the fourth year in a row, Malaysia recorded growth in shipments abroad of tower cranes and portal or pedestal jib cranes, which increased by 16% to 286 units in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 102% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, tower and portal cranes exports contracted markedly to $27M in 2022. In general, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 90% against the previous year. As a result, the exports reached the peak of $38M, and then contracted notably in the following year.
| Export of Tower and Portal Cranes in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.2 | 3.7 | 3.5 | 6.7 | 222.4% |
| United Arab Emirates | 0.4 | N/A | N/A | 6.4 | 152.0% |
| Indonesia | N/A | N/A | 2.9 | 4.3 | 48.3% |
| Australia | 4.7 | 4.6 | 4.8 | 3.4 | -10.2% |
| Vietnam | 2.6 | 4.7 | 2.4 | 2.4 | -2.6% |
| Brunei Darussalam | N/A | N/A | N/A | 2.1 | 0% |
| South Korea | 0.7 | 2.2 | 0.3 | 1.9 | 39.5% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| Thailand | 1.6 | 0.6 | 8.5 | N/A | 130.5% |
| United States | 4.1 | N/A | 7.3 | N/A | 33.4% |
| Others | 3.0 | 3.9 | 8.0 | 0.2 | -59.5% |
| Total | 17.3 | 19.8 | 37.7 | 27.4 | 16.6% |
Top Export Markets for Tower and Portal Cranes from Malaysia in 2022:
- Singapore (135.0 units)
- Indonesia (55.0 units)
- Vietnam (42.0 units)
- United Arab Emirates (22.0 units)
- Australia (17.0 units)
- Brunei Darussalam (7.0 units)
- South Korea (5.0 units)
Imports of Tower and Portal Cranes in Malaysia
In 2022, after two years of decline, there was significant growth in supplies from abroad of tower cranes and portal or pedestal jib cranes, when their volume increased by 87% to 56 units. Overall, imports, however, showed a dramatic setback. Imports peaked at 128 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, tower and portal cranes imports fell to $4.7M in 2022. In general, imports, however, recorded a sharp setback. Over the period under review, imports hit record highs at $16M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tower and Portal Cranes in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.9 | 5.3 | 4.8 | 4.2 | -35.8% |
| South Korea | N/A | 0.1 | N/A | 0.4 | 100.0% |
| United States | 0.1 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.0 | 5.5 | 4.8 | 4.7 | -33.5% |
Top Suppliers of Tower and Portal Cranes to Malaysia in 2022:
- China (46.0 units)
- South Korea (9.0 units)
- Singapore (1.0 units)
This report provides an in-depth analysis of the market for tower and portal cranes in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221440 - Tower cranes and portal or pedestal jib cranes
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
246
This report provides an in-depth analysis of the market for tower and portal cranes in Malaysia.
585
This report provides an in-depth analysis of the crane market in Malaysia.
325
This report provides an in-depth analysis of the vehicle-mounted lifting equipment market in Malaysia.
346
This report provides an in-depth analysis of the lifting equipment market in Malaysia.
332
This report provides an in-depth analysis of the mobile lifting frame market in Malaysia.
376
This report provides an in-depth analysis of the overhead travelling crane market in Malaysia.
260
This report provides an in-depth analysis of the self-propelled lifting equipment market in Malaysia.
384
This report provides an in-depth analysis of the market for transporter and bridge cranes in Malaysia.
327
This report provides an in-depth analysis of the global market for tower and portal cranes.
1957
This report provides an in-depth analysis of the global crane market.
261
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
698
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
635
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
958
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1016
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1911
China never ceases to impress: the latest luffing jib crane produced at Manitowoc's Zhangjiagang plant is believed to be one of the most flexible and versatile cranes in the world. This MCR X crane has a ten ton capacity and up to X meters of main
261
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
698
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
635
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
958
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
