Research Report on China's Crawler Crane Export 2023-2032
Crawler crane is a kind of mobile crane that uses crawler to travel and has strong lifting capacity. Crawler cranes are mainly used in real estate, bridges, rail transportation, shipbuilding, power generation, and petrochemical industries for construction operations. With the global economic development, real estate, infrastructure and other areas of strong demand, wind power and other new energy industries are rapidly expanding, promoting the development of the crawler crane market.
China is one of the world's major construction machinery producers, exporting a large number of construction machinery products, including crawler cranes, every year. According to CRI analysis, in 2021, China exported 1,660 crawler cranes, an increase of 104.69% year-on-year, with an export value of US$665 million, an increase of 194.65% year-on-year. From January to November 2022, China exported 1,916 crawler cranes, an increase of 31.32% year-on-year, with an export value of US$526 million, a decrease of 15.03% year-on-year.
In 2021, China exported crawler cranes to more than sixty countries and regions around the world. CRI analysis, divided by export volume, India, China Macau, Indonesia, Vietnam and Singapore are the main export destinations of Chinese crawler cranes. Among them, India is the largest destination for China's crawler crane exports.
In 2021, China exported 404 crawler cranes to India, accounting for 24.34% of the total export volume of crawler cranes that year, with an export value of US$69,362,700, accounting for 10.44% of the total export value. In 2021, China exported 150 crawler cranes to Vietnam, accounting for 9.04% of the total export volume with an export value of US$290 million, accounting for 43.56% of the total export value.
China is one of the world's leading producers and exporters of construction machinery. CRI expects that global crawler crane sales will continue to grow from 2023-2032, which will help promote the rise of China's crawler crane exports.
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